US EditionMortgage FinTech UpEquity secures $200m facility from SVB
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Mortgage FinTech UpEquity secures $200m facility from SVB
UpEquity, a mortgage technology company based in Austin, has secured a major funding facility to bolster its innovative offerings for homebuyers navigating the challenges of buying and selling simultaneously. The company has obtained a warehouse facility worth up to $200m, jointly provided by Silicon Valley Bank (SVB), a division of First Citizens Bank, and Setpoint Capital. The funding is expected to enable up to $1bn in loan originations over …
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