*By Bridgette Webb*
Real estate start-up EasyKnock recently closed a $3.5 million dollar funding round.
Founder and CEO Jarred Kessler said Monday in an interview on Cheddar knows what he'll do with that cash.
"We are looking to increase our marketing and our head count and our technology offerings," Kessler said.
The company is also planning to partner with mortgage lenders to pay a referral fee for rejected customers.
EasyKnock buys homes and leases them back to the previous owner at the market rate. That way, a customer can refinance or liquidate, and the company has a reliable tenant ー and a source of revenue. The homeowner maintains the option to purchase his or her home back.
The company currently operates in five states: Texas, Georgia, Florida, Tennessee, and South Carolina.
For full interview [click here](https://cheddar.com/videos/easyknock-lands-3-5-million).
Adobe and Figma called off their $20 million merger, Southwest Airlines gets fined, Nippon Steel is buying U.S. Steel and oil and gas prices surge after a pause in shipments.
With more employees being called back to the office, many workers are suddenly protesting by being in the office for as little time as possible. As the term suggests, coffee-badging means coming in for just enough time to have a cup of coffee, show your face, and swipe your badge.
Japan's Nippon steel is buying U.S. Steel for $14.9 billion.
Southwest Airlines will pay a $35 million fine as part of a settlement over a 2022 holiday season disaster that saw the airline cancel thousands of flights and leave millions of people stranded.
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Stocks opened slightly higher after Monday's opening bell after several weeks of gains as the year closes out.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Citi told most of its employees that they could work from home at the end of the month, according to CNBC.
Chobani paid $900 million to purchase ready-to-drink coffee maker La Colombe.
Kerri Quigley, founder of The Fashion Class, spoke with Cheddar News on how to make an ugly sweater on a budget.
