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Technology

Posted on August 2, 2019 by staff

Habito secures 拢5m from investor Augmentum Fintech

Technology

UK online mortgage broker and lender Habito has secured a 拢5m investment in its online platform.

The board of listed FinTech investor Augmentum Fintech announced the investment, as it adds the firm to its portfolio.

Founded by Daniel Hegarty in 2016 after trouble with traditional brokers, Habito is now targeting the 拢1.3 trillion mortgage market

The firm said it has helped over 200,000 people better understand their mortgage needs and has completed at least 拢2.4bn in mortgage submissions.

Augmentum Fintech adds the firm to a portfolio of businesses hoping to disrupt the banking, insurance, asset management and wider financial services sectors.

The investors are the UK鈥檚 only publicly listed investment company focusing on the FinTech sector, having launched on the main market of the London Stock Exchange in 2018.

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