Santander Innoventures, JPMorgan Chase and USAA have lined up for mortgage lending platform Roostify's series B round.

US-based digital mortgage lending technology provider Roostify closed a $25m series B round yesterday featuring financial services firms JPMorgan Chase, United States Automobile Association (USAA) and Banco Santander.

Point72 Ventures, a venture capital arm of asset manager Point72, also took part along with technology investment platform Cota Capital and investment management firm Colchis Capital Management. Banco Santander invested through its Santander Innoventures unit.

Founded in 2012, Roostify has developed cloud-based software to help mortgage providers digitalise the loan application and…