Fraction Technologies Raises $289MM to Ease Financial Stress for Cash-Strapped Homeowners

10 Feb, 2021

Fraction Technologies Raises $289MM to Ease Financial Stress for Cash-Strapped Homeowners
Photo by Timon Studler on Unsplash

– Fraction Technologies Inc. (“Fraction”), is announcing that it has raised C$289 million in a combination of equity and debt financing from Impression Ventures, Primetime Partners, Global Founders Capital, and Panache Ventures, among others.
– It will use this funding to launch in Canada, expand its team and technology platform, and prepare for its launch in the U.S.
– Fraction offers a digital platform that provides socially conscious financial solutions. Its flagship product, the Fraction Appreciation Mortgage is the first of its kind in North America.

Financial Services FinTech Lending North America Real Estate
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