Wiseday Financial, a Montreal, Canada-based firm that brings on the spot mortgage pre-approvals to Canada, raised $5M in Seed funding.
The spherical was led by Havery Capital.
The firm intends to make use of the funds to scale its know-how staff to additional innovate the patron expertise and improve its proprietary inner and B2B instruments.
Founded in 2021 and led by CEO Eric Dahan, Wiseday brings on the spot mortgage pre-approvals providing mortgage letters that may be bought in a couple of minutes. Here’s the way it works:
- The buyer is requested a short collection of qualifying questions (3-minute course of)
- Identity and earnings are immediately (and securely) verified, powered by Plaid
- Credit well being is routinely assessed, with no impression on credit score rating
- A proprietary algorithm determines how a lot mortgage the shopper qualifies for