Strategic Partnership · Mortgage Tech · 2021

Tic:Toc secures $25 billion funding deal with Bendigo and Adelaide Bank

Tic:Toc announced funding partnership / distribution agreement with Bendigo and Adelaide Bank on October 4, 2021.

Primary
Tic:Toc
Counterparty
Bendigo and Adelaide Bank
Structure
funding partnership / distribution agreement
Date
October 4, 2021
Sub-sector
Mortgage Tech

Tic:Toc gains $25B funding capacity from Bendigo to scale digital mortgage origination without holding balance-sheet risk.

Primary company
Tic:Toc
Amount
Not disclosed
Event date
October 4, 2021
Sub-sector
Mortgage Tech
HQ
Not disclosed
Structure
funding partnership / distribution agreement
Source published
October 3, 2021
Publisher
WAtoday

Source: watoday.com.au