What is Tic:Toc?
Tic:Toc is an online lending platform that has redefined the home loan application process. By streamlining the journey to under an hour, the company offers a faster and more convenient path to obtaining home loans with minimal or no fees. Tic:Toc also manages the crucial assessment phase, including credit checks, to determine borrower eligibility, effectively replicating and accelerating traditional banking processes.
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 Adelaide Bank and Bendigo
Key Investors in Tic:Toc
Adelaide Bank
Adelaide Bank is a financial institution that has participated in Tic:Toc's Series B funding round, indicating a strategic interest in the company's innovative approach to home lending.
Bendigo
Bendigo, a key participant in Tic:Toc's Series B financing, likely brings significant financial expertise and market access to support the company's expansion in the online mortgage space.
What's next for Tic:Toc?
The recent major strategic investment signals a pivotal growth phase for Tic:Toc. This capital infusion is expected to fuel further technological advancements, expand market reach, and enhance the platform's capabilities. The company is well-positioned to solidify its leadership in the digital mortgage sector, potentially exploring new product offerings and strategic partnerships to maintain its competitive edge and accelerate its trajectory.
See full Tic:Toc company page
