Button Finance, a New York-based fintech mortgage lender focused on home equity, raised $2M in Seed funding.
The round was led by Hildene Capital Management with participation from L&L Capital Partners and angel investors.
The company intends to use the funds to focus on home equity loans and to expand into a broader range of loan products over the next 24 months.
Led by Jason Harris, CEO, Button Finance enables homeowners to borrow against their home equity through an online process that delivers quick decisions and funding in days. The company has built an AI-powered underwriting platform that enables it to lend to borrowers who are under-served by traditional lenders.
Concurrent with this capital raise, Button Finance announced the hire of Josh Hager to oversee mortgage operations. Hager has over 20 years of experience in the mortgage industry, including department head roles at numerous fintech mortgage originators, including Better.com, Homeward, and Divvy Homes.
FinSMEs
25/10/2021