HomeUSABetter.com Receives $5M Additional Funding from Citigroup

Better.com Receives $5M Additional Funding from Citigroup

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better mortgageBetter.com, a NYC-based home finance company, received a $5m additional funding from Citigroup.

Citigroup joined American Express Ventures, Goldman Sachs, Healthcare of Ontario Pension Plan, Kleiner Perkins, and Pine Brook Goldman Sachs, in the Series C round now totalling $75m.

The company will use the funds to continue to expand operations and its business reach.

Led by Vishal Garg, CEO and Founder, Better.com is a home finance company which, launched in 2016, has funded and originated over $2 billion in loans to date, helping over 7,000 Americans buy or refinance their homes.

In 2018 alone, it doubled its presence to include over 30 states in the US and originated $1.3B in mortgages, up over 3x from 2017.

FinSMEs

21/02/2019

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