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Fee-less mortgage provider
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About the company
Based in New York City, Better is a direct lender working with buyers to transform the entire mortgage process, from application to funding of a loan.
Valuation
$4.51B
Country
USA
Founded
2014
Lead investors
SoftBank
American Express Ventures
Citi
Business highlights
1
Better.com lent out $24 billion in loans in 2020, which helped to receive $800 million in revenues.
2
Better.com was able to reach $14 billion in provided loans during the first quarter of 2021. Now, the company is processing loans for $4 billion per month.
3
Currently, Better.com has 6,000 employees — up 2,000 from October 2020.
Management
CEO
Vishal Garg
CFO
Howard Katzenberg
CTO
Erik Bernhardsson
Offering details
No share is too expensive. Start with only a fraction to build a balanced venture portfolio. Minimum investments – 0.1 share.
Deal terms
Open an account to get access to the share price
Documents
Fund Manager License
Fund License
Investment Management Agreement
Private Placement Memorandum