FinTech startup MortgageGym announced the completion of $3 million in seed financing. Three investors participated in the round: China Pacific Capital, Trifecta Capital, and Wharton Asset Management.
Founded in 2016 by John Ingram and David Vertannes, MortgageGym is the world’s only regulated mortgage robo-adviser, allowing UK homebuyers to complete their entire application online in 15 minutes through a free, hybrid advice website offering mortgage eligibility matching within 60 seconds, regulated robo-advice, and access to live advisors.
The company revealed that, following the success of this seed funding round, MortgageGym expects to announce key strategic distribution partnerships within the next three months.