General World News

Morty announces $25 million Series B funding

Online mortgage marketplace Morty announced the close of a $25 million Series B financing round, pushing the total company valuation to $150 million.

Morty’s marketplace has processed more than $500 million in loans in the past 12 months, and saw revenue grow 800% year over year. The company is currently licensed in 36 states and Washington D.C., and intends to serve homebuyers nationwide by the end of 2021.

Morty acts as both a marketplace model for users to shop and compare mortgages in one place, as well a broker of loan applications. In the end, the details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com