The MMI-backed Anthemis Exponential Ventures was among the investors in a $14.3m seed round as Unmortgage prepares for a 2019 launch.
Unmortgage, a UK-based home financial services provider, has raised £10m ($14.3m) in seed funding from a consortium including Anthemis Exponential Ventures, a partnership backed by financial services provider MMI, TechCrunch has reported.
Anthemis Exponential, formed by MMI vehicle Exponential Ventures and financial services investment and advisory firm Anthemis in April 2017, was joined by Augmentum Fintech, an investment trust that focuses on financial technology.
Unmortgage runs a service enabling users to rent a home they part own, paying an initial…