Singaporean mortgage brokering startup banks $700k as it expands in Indonesia –

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Mortgage brokering platform Mortgage Master said it has raised S$928,000 (US$700,000) in a pre-series A round of funding led by private angel investor Woon Young Jeong. Mortgage Master co-founder and CEO David Baey / Photo credit: Mortgage Master Founded in 2018, Mortgage Master aims to be a one-stop platform that helps homeowners find mortgage rates that meet their budget and their needs. Since its establishment, the startup claims it has helped transact over US$600 million in home loans and has provided advice for a little over US$3 million worth in mortgages. […] It has also opened a platform in the country, Mortgage Master Indonesia , and seeks to explore more local partnerships. Prior to its pre-series A round, Mortgage Master raised almost US$400,000 in its oversubscribed seed funding round in 2020 to build deep-tech capabilities and scale its platform.

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