Global law firm White & Case LLP has advised Habito, the UK's leading digital mortgage broker, on its recent Series C fundraising involving backing from new investors and additional funding from the existing shareholders.
The round also included funding from the UK's Future Fund, which the Chancellor of the Exchequer introduced to support UK-based fast growing business during the coronavirus crisis.
"It has been a pleasure to work again with the White & Case Fast Growth team, whose market-leading expertise, commerciality and pragmatism has helped us greatly during this exciting time in Habito's continued growth," said Habito General Counsel, Rohan Paramesh.
"As one of the UK's leading start-ups, our Fast Growth team is delighted to have supported Habito on implementing this funding round amid challenging circumstances," said White & Case partner Ian Bagshaw, who led the team advising Habito. "We look forward to continuing to work with them as they go from strength to strength."
Founded in 2016, Habito is the UK's leading digital mortgage company which provides free, whole-of-market regulated mortgage advice to customers, as well as its own range of mortgage products and home-buying tools and services. The new funding will support Habito as it expands its product and service offerings, a recent example of which is 'Habito Plus', its end-to-end home-buying service which brings conveyancing, home financing and survey work together under one roof. Habito will also be introducing its own range of residential mortgages in due course.
The White & Case team in London which advised on the transaction was led by partners Ian Bagshaw and Emmie Jones and included associate Joe Bradley.
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