Button Finance: Raises $2M in Seed Funding

Button Finance Raises $2M in Seed Funding

• Button Finance, a New York-based fintech mortgage lender focused on home equity, raised $2M in Seed funding
• The round was led by Hildene Capital Management with participation from L&L Capital Partners and angel investors
• The company intends to use the funds to focus on home equity loans and to expand into a broader range of loan products over the next 24 months
• ButtonFinance enables homeowners to borrow against their home equity through an online process that delivers quick decisions and funding in days
• The company has built an AI-powered underwriting platform that enables it to lend to borrowers who are under-served by traditional lenders
• ButtonFinance announced the hire of Josh Hager to oversee mortgage operations. Hager has over 20 years of experience in the mortgage industry