What is HashChing?
Launched in August 2015, HashChing operates as Australia's pioneering online financial marketplace. The platform connects consumers with a network of verified local mortgage brokers, facilitating access to competitive home loan deals from multiple lenders. By streamlining the mortgage application process and providing transparency in financial information, HashChing aims to empower Australians to make informed decisions, ultimately helping them save thousands over the life of their loans and achieve homeownership sooner. The company's vision is centered on fostering financial literacy and smart decision-making among its users.
How much funding has HashChing raised?
HashChing has raised a total of $2.5M across 2 funding rounds:
Private Equity
$1M
Other Financing Round
$1.5M
Private Equity (2016): $1M with participation from Sapien Ventures
Other Financing Round (2017): $1.5M led by Picus Capital
Key Investors in HashChing
Sapien Ventures
Sapien Ventures is an investment firm that specializes in identifying and backing leading companies, with a focus on private investing solutions and blockchain technology applications for government services.
Picus Capital
Picus Capital is an investment entity that has participated in HashChing's funding rounds. Further details on their specific investment focus are not publicly available.
What's next for HashChing?
The recent major strategic investment signals a new phase of growth for HashChing. This capital infusion is likely to be directed towards enhancing its technological infrastructure, expanding its broker network, and broadening its market reach across Australia. Further development of its financial marketplace capabilities and strategic partnerships with lenders and financial institutions are anticipated. HashChing's focus on empowering consumers with transparent home loan options positions it for continued success in the evolving fintech landscape.
See full HashChing company page