Button Finance, a fintech mortgage lender focused on home equity, has raised $2 million in a seed round for hiring new talent and developing its proprietary technology, a release said on Monday.
Hildene Capital Management, a $13 billion structured credit-focused asset manager, along with L&L Capital Partners and other New York-based angel investors participated in the funding round.
“Demand was strong for the round, and we were oversubscribed and happy with our new partners,” said Button Finance CEO Jason Harris. “This last year has been challenging for everyone; however, American homeowners now have more untapped equity than ever before, given the recent home price rally. Button Finance’s products empower borrowers to access their home equity, pay down high-interest debt, and make value-enhancing renovations to their homes.”
