OwnHome launches in Brisbane to take on Bank of Mum & Dad
Australian fintech OwnHome, backed by CommBank, has officially launched its deposit-gap homebuying service in Brisbane after a beta trial, with co-founder James Bowe announcing the expansion.
Co-CEO · Founder, OwnHome
Stories naming James Bowe. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian fintech OwnHome, backed by CommBank, has officially launched its deposit-gap homebuying service in Brisbane after a beta trial, with co-founder James Bowe announcing the expansion.
OwnHome hires Janez Debevec as Head of Capital Markets to expand its debt and financial management capabilities, with co-founder James Bowe welcoming the structured finance veteran.
AfterWork Ventures explains why it reinvested in OwnHome's $31 million Series A led by Square Peg with Commonwealth Bank, having backed the rent-to-buy startup's pre-seed round in July 2021.
Also Square Peg Capital portfolio·Square Peg Capital portfolio·Startup Daily·Australian FinTech·Startup Daily·Techboard·Australian FinTech·Australian FinTech·businesstories.com
AfterWork Ventures explains why it joined OwnHome's July pre-seed round, profiling the rent-to-buy startup's founders, its debt facility, customer traction, and the housing affordability problem it tackles.
AfterWork Ventures interviews OwnHome's co-founders about their friendship, earlier careers and choice to build a startup helping first-home buyers, which recently raised $3.6 million in a pre-seed round with Global Founders Capital and Entrée Capital.
Also AfterWork Ventures·Australian FinTech·Startup Daily·Australian FinTech
Home-buying startup OwnHome won CBA-backed x15ventures' Xccelerate 2020 program, receiving $150,000 in funding as the program's winner.