Announced
Completed
Financials
Sources
Tags
United States
Private
Private Equity
Mortgage Finance
real estate platform
Acquisition
Friendly
mortage services
Completed
Single Bidder
Synopsis
Activant Capital led a $160m investment in Better Holdco, a direct lender that provides online mortgage services. “Similar to how Amazon upended the retail industry, Better.com is digitally disrupting the $15tn mortgage industry through best-in-class technology, a commission-free business model and first-rate customer support,” said Vishal Garg, CEO and Founder of Better.com. “The capital we’ve raised will enable us to accelerate our investment in product development, grow our strategic partnerships, expand our team and scale our platform to continue making it easier for borrowers to get home financing.”
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