News & Press
Fintech Company Fund That Flip Expands in Ohio
Business-friendly environment and talented workforce key in decision
Company Name: Fund That Flip, Inc
Location: Cleveland
Industry Sector: Financial Services
Company Profile: Fund That Flip is the leading online platform for investing in short-term residential real estate debt. With offices in New York City and Cleveland, its award-winning fintech platform focuses on raising capital for the residential rehab loan market and passive wealth generation for peer-to-peer lenders.
Company Website: www.fundthatflip.com
Project Summary:
Type of Project: Expansion
Number of Jobs:
- Jobs committed: 124
- Jobs retained: 31
Company Need:
Fund That Flip, one of Inc. Magazine’s Top 50 fastest-growing private companies in America, located its office in Ohio in 2017 where it currently has 31 employees. With new sources of funding and software, the company sought to broaden its product offering and technology-driven solutions. Fund That Flip will expand to accommodate growth.
Testimonial:
“In opening the Cleveland office, our goal was to leverage the first-rate talent pool, productive mindset and Midwestern grit that set northeast Ohio apart. Fund That Flip’s exponential growth is directly linked to building an award-winning team in Cleveland. We look forward to further growing our operations and helping revitalize the local economy and communities.”
- Matt Rodak, CEO, Fund That Flip
Why Ohio?
Fund That Flip will expand its office in Cleveland. The company’s CEO, Matt Rodak a John Carroll University alumnus, cited Ohio’s business-friendly climate and talented workforce as key decision-making factors for selecting Cleveland.
Ohio has a world-class financial services ecosystem with a sophisticated, tech-savvy financial services workforce of over 245,000 individuals. Every year, more than 44,000 new graduates qualified to work in financial services professions enter the workforce. With opportunities to learn from world-class universities as well as industry incumbents and disruptors, Ohio’s financial services workforce is abundant, knowledgeable and innovative.
Collaborators:
Team NEO, the Greater Cleveland Partnership, JobsOhio and the Ohio Development Services Agency