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MoxiWorks Sells MoxiBalance Accounting Software Solution to Upfront as Part of Strategic Transformation

  • MoxiWorks sold its back-office accounting software, MoxiBalance, to Vero, a new division of Upfront, announced on May 29, 2025.
  • The sale supports MoxiWorks' strategic shift to focus on sales and marketing tools that adapt to agents' changing needs.
  • MoxiBalance, which handles close to $2 billion in real estate transactions for over 150 brokerage firms, a pair of franchises, and around twenty thousand agents throughout the United States and Canada, will undergo a rebranding to become Vero.
  • Ishtyaq Ahmed, former head of MoxiBalance who enhanced its user experience and spearheaded expansion into Canada, has taken on the role of chief product officer at Upfront to drive continued innovation.
  • The companies will maintain partnership and integration, aiming for a seamless transition to deliver modern financial tools that empower real estate professionals.
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MoxiWorks Sells MoxiBalance Accounting Software Solution to Upfront as Part of Strategic Transformation

Sale to Upfront enables MoxiWorks to focus on empowering agents to find, win, and close more deals, while allowing Upfront to expand its financial offerings to the real estate industry

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The Victoria Advocate broke the news in on Thursday, May 29, 2025.
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