milo
Milo is a financial technology company that is reimagining the way global consumers access mortgage credit and financial solutions in a borderless world.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
$17.0m | Series A | ||
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Milo Credit, LLC is a pioneering financial services company that specializes in providing innovative mortgage solutions. Operating under the NMLS 1811449 license and the California Finance Lenders Law License 60DBO 128284, Milo is a fully regulated and licensed direct lender. The company is particularly notable for its unique offering of Crypto Mortgages, which allow clients to leverage their cryptocurrency holdings to secure home loans. This groundbreaking product is not available in Washington state but has already made significant waves in the market, with early adopters like Charlie Shrem, a founding member of the Bitcoin Foundation, expressing high satisfaction.
Milo serves a diverse clientele, including foreign nationals, crypto investors, and U.S. consumers who seek more flexible and tailored financial solutions. The company operates in the mortgage and personal loan market, focusing on clients who have alternative assets such as cryptocurrencies. By navigating the complexities of these assets, Milo aims to provide the best financial solutions to meet its clients' goals.
The business model of Milo is straightforward yet innovative. It makes money by offering mortgage and personal loan products, earning interest on the loans it provides. The company also offers refinancing options, allowing clients to lock in lower mortgage rates. Milo's online application process is designed to be simple and fast, enabling clients to pre-qualify in minutes and close mortgages in as little as three weeks. This efficiency, combined with personalized human touchpoints, makes Milo a preferred choice for many.
Milo places a high value on transparency, compliance, and security, ensuring that all transactions are secure and fully compliant with regulatory standards. The company aims to build long-term relationships with its clients, much like the relationship one has with a trusted doctor, emphasizing personalized service and ongoing support.
Keywords: Crypto Mortgages, Foreign Nationals, Direct Lender, Personal Loans, Refinancing, Cryptocurrency, Mortgage Solutions, Financial Services, Compliance, Transparency.