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Hometap: Raises $60 million

Hometap: Raises $60 million

  • Hometap, which provides a smart, new loan alternative for tapping into home equity without taking on debt
  • Announced it has raised $60 million of new operating capital in a funding round led by American Family Ventures
  • The latest funding round brings total operating capital raised to date by to $95 million
  • The operating capital will be deployed to continue hiring top talent across all functional areas
  • Introducing additional alternative financing products and services to support homeowner needs
  • Allows owners to receive debt-free cash in exchange for a share of their home’s future value
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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