The digital mortgage lender increased its valuation from $600m to $4bn in a series D round backed by Ping An and American Express Ventures.
US-based online mortgage lender Better.com has closed a $200m series D round featuring insurance group Ping An and payment services firm American Express, Bloomberg reported yesterday.
Private equity firm L Catterton led the round, which the company confirmed today, and which included financial services provider Ally Financial, Activant Capital and 9Yards Capital, while American Express invested through its American Express Ventures unit. It valued Better at about $4bn.
Founded in 2016, Better runs an online platform where users can access…
