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Digital mortgage broker Habito raises £5m

Source: Habito

Habito, the award-winning digital mortgage broker and innovative home-buying service has closed its latest round of funding, totalling approximately £5 million.

This round is led by a consortium of Habito’s existing investors - Augmentum Fintech, SBI Investment and Volution - underlining their commitment to the business and its future success.

Despite market conditions that have proven challenging for the technology - and specifically fintech - sector to navigate, this new investment will power the next phase of Habito's 5* customer offering.

Habito will be refocusing on its core services: its award-winning mortgage brokerage and Plus, its innovative home-buying service that combines surveying, conveyancing and mortgages under one roof.

This strategic refocus will allow Habito to continue marrying its proprietary technology platform with its highly-acclaimed customer advice team as it sets its sights on achieving profitability within the next 12 months.

Daniel Hegarty, Founder and CEO of Habito said “Over the past six years, we’ve been on a mission to make mortgages easier with our unmatched technology and best-in-class mortgage advisors and case managers. With the cost of living biting, energy prices sky-rocketing and interest rates at a historic high it’s more important than ever for mortgage-holders and would-be homeowners to have access to the very best mortgage and home-buying advice.”

Since 2016, Habito has led the £1.6 trillion mortgage industry’s much-needed digital transformation with its pioneering brokerage technology, home-buying innovations and award-winning team. Over the past six years, Habito has achieved consistently high customer service scores from its 500,000 customers who’ve enjoyed its refreshingly independent, whole-of-market and jargon free approach.  

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