2 years ago

Wayhome Raises £8M Series A to Expand Hybrid Homeownership Model

  • Wayhome, a UK-based company that offers a hybrid part-buy part-rent model for homeownership, has secured £8 million in Series A funding

  • The round was led by existing investors Allianz X and Augmentum Fintech, with participation from new investors Volution, Love Ventures, and Cur8 Capital

  • Wayhome plans to use the funds to expand its partnerships with mortgage brokers and lenders in the coming months.

      • ProblemFinancial Services

      "making homeownership more accessible and affordable by enabling people to buy a home worth up to 10x household income with a 5% deposit and no mortgage or borrowing required"

      Solution

      "a hybrid part-buy part-rent model, Gradual Homeownership, which helps people buy a home without having to take on large mortgage debt"

      Covered on