In brief: Mortgage Master raises US$700K pre-Series A

David Baey, co-founder of Mortgage Master

Who is Mortgage Master?: A Singapore-based mortgage brokering platform

Investors: Woon Young Jeong (lead); Bala Swaminathan, founder of S Capital; and Andy Lim from Tembusu Partners.

What will the money be used for?: To strengthen customer acquisition through customer education, forge strategic partnerships, and enter Indonesia.

Facts and figures: Since launch, Mortgage Master claims to have delivered advice for S$4 billion (close to US$3 billion) worth of home loans and directly facilitated S$800 million (US$603,259,120) in home loan transactions on behalf of partner banks.

To date, the company claims to have partnered with all the 16 licensed financial services institutions in Singapore.

Also Read: Mortgage Master raises over US$350K crowdfunding to drive expansion

The company has last year raised US$380,000 in a seed funding round via crowdfunding platform FundedHere.

EDBI-backed Carta launches commercial operations in SEA with Singapore office

Who is Carta?: A startup offering cap table management and valuation software.

The services on offer: The company is launching in Southeast Asia with two of its flagship products — cap table and employee stock ownership plan (ESOP) software and its tech-enabled fund admin service.

Why Singapore?: Singapore was chosen to be the starting point for Carta’s SEA expansion partly because of the VC flowing in to the region through the city-state at a record pace, making cap tables harder to manage.

Image Credit: Mortgage Master

The post In brief: Mortgage Master raises US$700K pre-Series A appeared first on e27.

,

David Baey, co-founder of Mortgage Master

Who is Mortgage Master?: A Singapore-based mortgage brokering platform

Investors: Woon Young Jeong (lead); Bala Swaminathan, founder of S Capital; and Andy Lim from Tembusu Partners.

What will the money be used for?: To strengthen customer acquisition through customer education, forge strategic partnerships, and enter Indonesia.

Facts and figures: Since launch, Mortgage Master claims to have delivered advice for S$4 billion (close to US$3 billion) worth of home loans and directly facilitated S$800 million (US$603,259,120) in home loan transactions on behalf of partner banks.

To date, the company claims to have partnered with all the 16 licensed financial services institutions in Singapore.

Also Read: Mortgage Master raises over US$350K crowdfunding to drive expansion

The company has last year raised US$380,000 in a seed funding round via crowdfunding platform FundedHere.

EDBI-backed Carta launches commercial operations in SEA with Singapore office

Who is Carta?: A startup offering cap table management and valuation software.

The services on offer: The company is launching in Southeast Asia with two of its flagship products — cap table and employee stock ownership plan (ESOP) software and its tech-enabled fund admin service.

Why Singapore?: Singapore was chosen to be the starting point for Carta’s SEA expansion partly because of the VC flowing in to the region through the city-state at a record pace, making cap tables harder to manage.

Image Credit: Mortgage Master

The post In brief: Mortgage Master raises US$700K pre-Series A appeared first on e27.

Leave a Reply