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Mortgage Tech Startup Stavvy Buys Rival Brace

Financial software provider Stavvy has acquired fellow mortgage technology startup Brace for an undisclosed amount. So reports AltFi.

handshake 220233 1280“Stavvy and Brace’s unified services are set to deliver an unparalleled solution, encompassing every critical stage of default servicing—from the initial homeowner inquiry to the ultimate resolution," Stavvy founder and CEO Kosta Ligris said in a statement.

Launched in 2017, Brace has raised more than $30 million in funding over just the past two and a half years.

Read the full article from AltFi.

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