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Better.com Eyes IPO Worth More Than $4B

Better.com is working with Morgan Stanley and Bank of America on plans for an initial public offering that could happen as early as January, according to sources familiar with the situation. So reports Bloomberg.

The sources, who spoke on condition of anonymity because the information is confidential, said the online mortgage lender will try to beat the $4 billion valuation it received in its latest funding round.

Better.com recently secured $200 million in a series D funding round based on that $4 billion amount, according to Bloomberg.

Read the full article from Bloomberg.

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