Borgo
Borgo has low interest rate mortgages, digitally offered and financed by Swedish mortgage fund, with permits and supervision.
Borgo has low interest rate mortgages, digitally offered and financed by Swedish mortgage fund, with permits and supervision.
Borgo is a Swedish mortgage company founded in 2018. Its mission is to offer market-leading interest rates on mortgages through a modern platform. Additionally, Borgo provides savings accounts with deposit insurance. The company has permits and supervision from the Swedish Financial Supervisory Authority.
Borgo is backed by major financial institutions including ICA Banken, Ikano Bank, Sparbanken Syd, Söderberg & Partners, and Ålandsbanken, as well as financial investor Klarna. The latest round of funding stood at $1.30M, and it was secured on 11 July 2019.
Borgo's unique offering of low-interest rate mortgages, digitally managed and funded by a Swedish mortgage fund, aligns with the ongoing digital transformation in the financial services industry. With strong financial backing and regulatory support, Borgo is well-positioned to make a significant impact in the mortgage market, both in Sweden and potentially beyond.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | $1.30M | 1 |
|
11 Jul 2019 |
No recent news or press coverage available for Borgo.
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