Colombia-based iBuying company Habi has agreed a $100 million U.S. credit facility with Victory Park Capital, website Fiinsmes.com reports.
According to Habi, it will use these resources to continue to strengthen its operations and increase its volume of used home purchases and sales, enabling thousands of middle class families to access housing in an agile, secure and transparent manner.
Led by CEO and co-founder Brynne McNulty Rojas (LinkedIn profile), Habi was founded in 2019. It buys and sells existing homes in Colombia and Mexico, in addition to being a mortgage originator in the former country.
Earlier this year, Habi agreed a $6.3 million U.S. credit line with Colombia-based Bancóldex. It has also been reported that the company is working towards an IPO, possibly as soon as next year.
