Vancouver’s Fraction has raised a $20 million Series A funding round led by QED Investors along with existing investors including Impression Ventures, Primetime Partners, Panache Ventures and Global Founders Capital. Notable angel investors of the round include the founders of Brex and the founding team of Bitso. Fraction is a fintech solution that enables homeowners […]
Fraction
Fraction Raises $289 Million, Takes Aim At Reverse Mortgages
Vancouver’s Fraction Technologies has raised $289 million in a combination of equity and debt financing from Impression Ventures, Primetime Partners, Global Founders Capital, and Panache Ventures, among others. In contrast to reverse mortgages and home equity loans, Fraction’s flagship product, the Fraction Appreciation Mortgage, has no monthly payments. Instead it offers a reasonable interest rate […]