Curated News
By: NewsRamp Editorial Staff
May 21, 2025
Button Finance Secures $5M Series A to Revolutionize Home Equity Access
TLDR
- Button Finance's $5M Series A funding led by Hildene Capital enables homeowners to leverage AI for quick loans, offering a competitive edge in home equity access.
- Button Finance utilizes an AI-powered underwriting platform to process home equity loans within five days, streamlining the borrowing process for efficiency and reliability.
- By democratizing access to home equity, Button Finance empowers Americans to renovate homes and consolidate debt, fostering financial stability and community improvement.
- Button Finance taps into $35 trillion in U.S. home equity with AI, revolutionizing how homeowners access funds for life's big and small moments.
Impact - Why it Matters
This news is pivotal for homeowners and investors alike, as Button Finance's innovative approach to accessing home equity addresses a critical need in today's economic climate. With homeowners sitting on a record $35 trillion in untapped equity, Button's solutions offer a timely and efficient way to leverage this wealth for financial flexibility, whether for home improvements, debt consolidation, or other liquidity needs. The involvement of seasoned investors like Hildene Capital Management underscores the potential and reliability of Button's technology and business model, signaling a significant shift in how home equity can be accessed and utilized.
Summary
Button Finance, a New York-based company specializing in helping homeowners leverage their home equity for loans, has successfully closed a $5 million Series A funding round. This significant financial boost was led by Hildene Capital Management, alongside other existing investors. Since its inception in 2019, Button Finance has distinguished itself by utilizing an AI-powered underwriting platform, promising funding within five days. CEO Jason Harris, a former Jefferies executive, highlighted the company's sound business model, profitability, and rapid growth, including scaling to over 60 employees and nearly tripling monthly volume in six months. The funding is set to accelerate growth while preserving shareholder equity. Harris also teased upcoming products and distribution channels to meet the surging demand for home equity solutions. Brett Jefferson of Hildene Capital Management praised Button Finance for democratizing access to home equity and solving real financial challenges for Americans. The company taps into the $35 trillion in U.S. home equity, offering solutions for renovations, debt consolidation, and liquidity in today's high-interest environment.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Button Finance Secures $5M Series A to Revolutionize Home Equity Access
