The equity investment was led by venture capital firm Fin VC and Wells Fargo Strategic Capital.
The deal reportedly values Maxwell, whose clients include regional and local lenders, at $450 million.
This article discusses the implications of interest rate fluctuations on mortgage originators and suggests strategies for adapting, including diversifying loan pipelines and leveraging technology.
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Maxwell, a digital mortgage startup that caters to small and mid-size lenders, has another $52.5 million in the bank. So reports Bloomberg.
The equity investment was led by venture capital firm Fin VC and Wells Fargo Strategic Capital.
The deal reportedly values Maxwell, whose clients include regional and local lenders, at $450 million.