Molo noted that the deal builds on “the strategic partnership with Molo and ColCap entered into last year.”
Molo said the investment will help it grow under the existing management team as an independent company under the ColCap umbrella.
Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.
Estimated reading time: 0 minutes, 19 seconds
Molo Finance, a UK-based digital mortgage lender, has sold an 80% stake to Australian mortgage lender ColCap. So reports Crowdfund Insider.
Molo noted that the deal builds on “the strategic partnership with Molo and ColCap entered into last year.”
Molo said the investment will help it grow under the existing management team as an independent company under the ColCap umbrella.