Digital home loan startup Edison Financial has raised an undisclosed seed round from Rock Holdings, the moms and dad business of United States-based Quicken Loans.
Hash Aboulhosn, the former primary economic officer of home loan company Lendesk Technologies, established Edison Financial in 2017. The year that is following Aboulhosn put Edison Financial on hold to work well with Lendesk, where he helped implement a partnership with Rock Holdings and helped build the Lendesk Spotlight platform.
Edison Financial will continue to be closely linked with Lendesk, using the startup Lendesk’s that is using software.
Aboulhosn remained with Lendesk until it absolutely was obtained by Rock Holdings in April 2019. Later on that 12 months, Aboulhosn made a decision to keep Lendesk to reboot Edison Financial, that is currently along the way of trying to get an Ontario home loan brokerage permit.
“During the previous 12 months at Lendesk, We have witnessed first-hand the energy and convenience of the company’s revolutionary technology platform to transform the home loan experience for brokers and their consumers, ” said Aboulhosn. Read more