HousingWire Announces FirstClose Investment

May 17, 2022, 6:08 pm By Brooklee Han

Mortgage and home equity fintech FirstClose received a $35 million investment from Lateral Investment Management on Tuesday. This is FirstClose’s first institutional equity investment round: The company has been self-funded since its founding in 2000.

The fintech firm currently provides underwriting workflow automation technology, point-of-sale software, and data services for the U.S. home equity and mortgage markets. Its customers include more than 400 banks and credit unions. [Read more…]