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To help homeowners upgrade their lifestyle, sooner.
Selina Finance is a digital lending platform that plans to offer a variety of lending products so homeowners can make more flexible use of the equity value in their home.
The company is starting with a home equity loan product, arguing that it can utilise the £2 Trillion of locked-up value in homes to finance low-interest loans. Home equity loans already exist, but are associated with high costs and poor customer experience. Selina Finance wants to change the perception of home equity lending, and are focused on ensuring that its customer experience is seamless.
With Selina just announcing their Series B of $150M and a previous partnership with Pepper, an award-winning loan servicing company, they are quickly becoming a market staple, providing great service without having to build a customer service team and processes from scratch.
Steph
Company Specialist at Welcome to the Jungle
Dec 2021
$36m
SERIES B
Jul 2020
$15.2m
SERIES A
This company has top investors
Hubert Fenwick
(Co-Founder)Graduated from Cambridge before working as a management consultant at Bain in San Francisco, and private equity investor at Bain Capital in Europe
Leonard Benning
(Co-Founder)Previously worked as a Consultant at McKinsey for 5 years