What is Tic:Toc?
Tic:Toc is an online lending platform that has redefined the home loan application process. By streamlining the application 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 assessment phase, including credit checks, to determine loan eligibility, positioning itself as a disruptive force in the traditional banking sector.
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
Bendigo Bank is a prominent Australian financial institution, likely providing strategic capital and industry expertise to support Tic:Toc's expansion in the fintech and lending space.
Adelaide Bank
Adelaide Bank, part of the Bendigo and Adelaide Bank group, is a key financial partner. Its investment suggests a strategic alignment with Tic:Toc's mission to innovate digital home lending solutions.
What's next for Tic:Toc?
The substantial enterprise-level funding Tic:Toc has attracted indicates a strong market appetite for its innovative approach to home financing. This capital infusion is likely to fuel further technological development, expansion of its service offerings, and increased market penetration. The company is well-positioned to continue its growth trajectory, challenging established financial institutions with its efficient and customer-centric digital lending solutions.
See full Tic:Toc company page
