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Habito receives £5m investment from Augmentum

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  • 05/08/2019
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Habito receives £5m investment from Augmentum
Augmentum Fintech's board has made an investment of £5m into online mortgage broking and lending platform Habito.

 

Habito launched in 2016 and in 2017, raised £18.5m towards its expansion in its Series B funding round led by technology investment firm Atomico.

Since its launch, the company has completed £2.4bn in mortgage submissions. 

In July, Habito released its first own brand mortgage products with a range aimed at buy-to-let landlords. 

Augentum was established in 2018 and is the UK’s only publicly listed investment company which focuses on the fintech sector.

Its aim is to invest in “fast growing fintech businesses that are disrupting the banking, insurance, asset management and wider financial services sectors”. 

Habito said it did not wish to comment on the announcement.

Mortgage Solutions has also contacted Augentum for comment.

 

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