What is Tic:Toc?
Tic:Toc operates as a high-velocity digital lender, fundamentally re-engineering the home loan application process. By leveraging automated credit reporting and real-time eligibility assessment, the firm has reduced the traditional multi-week mortgage approval cycle to under one hour. This operational efficiency allows the company to offer competitive interest rates with minimal fee structures, positioning it as a disruptive force against legacy financial institutions that rely on manual underwriting and legacy infrastructure.
How much funding has Tic:Toc raised?
Tic:Toc has raised a total of $11.5M across 1 funding round:
Series B
$11.5M
Series B (2018): $11.5M with participation from Bendigo and Adelaide Bank
Key Investors in Tic:Toc
Bendigo
A prominent Australian retail bank focused on community-based banking and strategic investments in financial technology.
Adelaide Bank
A specialized mortgage lender and subsidiary of the Bendigo and Adelaide Bank Group, known for its focus on third-party distribution and digital lending partnerships.
What's next for Tic:Toc?
With this major enterprise-level funding, Tic:Toc is poised to scale its technological infrastructure and expand its market share within the residential lending sector. The strategic focus will likely shift toward enhancing its automated assessment engine and potentially diversifying its product suite to include broader financial services. As the company matures, the integration of advanced data analytics will be critical in maintaining its competitive edge, ensuring that it remains the fastest and most convenient alternative for modern borrowers seeking streamlined home financing solutions.
See full Tic:Toc company page
