Digital mortgage broking business Habito has just closed a £5mn round of funding.
In Brief:
Habito not only offers mortgage brokerage but also general home buying services like surveying.
The round included existing investors Augmentum Fintech, SBI Investment and Volution.
It follows the FinTech’s £35mn Series C round in 2020.
What does this mean?
While it’s positive to be topping up funds in a difficult climate, Habito has acknowledged a “refocus” on its core services which is becoming a common theme for FinTechs in 2022. These services include its brokerage and its Plus offering which adds surveying and conveyancing as an option for its 500,000 customers.
