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 10KCube 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 has established partnerships with five major banks.
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
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Image Credit: Mortgage Master
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