Blockchain mortgage platform PADS Financial completes $2.19 million Pre-Seed funding round

ChainCatcher news, the blockchain online mortgage platform PADS Financial, headquartered in Montreal, Canada, announced the completion of a 3 million CAD (approximately 2.19 million USD) Pre-Seed round of financing, with specific investor information not yet disclosed. PADS Financial has implemented digital property mortgage services and utilizes blockchain technology to track application and approval statuses, as well as loan fund management. It can also use tokenization to help users sell or liquidate their mortgages. It is reported that the new funding will be used to build AI and blockchain products.