Mortgage & Lending marketplaces
Mortgage & Lending marketplaces EV has remained stable since last year while public startups in the segment have lost 26% in value compared to 36% in public marketplaces as a whole. Q2 VC funding was the lowest quarter since 2020, with $1B raised. That represents a 44% drop since last quarter.
Default rates have also reached a low of 1.96%, the lowest rate since 2007 – but this is mostly driven by spillover effects from government financial support through the pandemic and low unemployment rates, which are expected to diminish in the coming months.
Mortgage & Lending marketplaces will need to improve predictive power of customer defaults, and provide more auxiliary value generation products to capture more of their value chain to stay afloat. Especially as they race to capture less credit-worthy clients accepting high interest rates to maintain revenue growth.
As these marketplaces face new challenges, filtering through the most promising ones can make or break the best investment opportunities. Explore over 800+ Mortgage & Lending marketplaces, and use Dealroom Signal to discover which companies within the market are the most-promising.
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