Despite the ongoing COVID-19 pandemic which has affected a lot of individuals around the world, Sydney-based FinTech startup Verteva recently has raised USD 21.4 million in a Series A round funded by Bolton Equities. Bolton Equities is a private equity investment company based in New Zealand, the company has plans to launch its digital mortgage loan solution, which will be able to cross-check existing source data against applications to speed up the process and also improve its accuracy. The investment bank, Clavell Capital and law firm Herbert Smith Freehills also made statements to support Veteva’s recent success and raise.
Verteva was founded in 2019 and has locations in Sydney, New South Wales, Australia. The company is trying to reshape the way customers experience digital home lending, in which they offer better financial services to ensure trust with each of their clients. Verteva is co-founded by Andrew Walker and Chris Lumby, who were both former Westpac executives, an Australian bank and financial services provider in Sydney, Australia.
Verteva is dedicated to streamlining mortgage lending by providing a data-driven digital alternative.