Button Finance Secures $5 Million Series A to Expand AI-Driven Home Equity Lending Platform Amid Booming Market
Founded in 2019, Button Finance enables homeowners to access their home equity through a streamless digital experience - delivering quick decisions and funding in as few as five days. The company's proprietary AI underwriting engine has unlocked access for qualified borrowers historically overlooked by traditional financial institutions. The funding will support the expansion of Button Finance's product offerings and further development of its technology platform.
"Button Finance is democratizing access to home equity at precisely the right moment," said Brett Jefferson, President and Co-Chief Investment Officer of Hildene Capital Management. "Their technology isn't just innovative; it's solving real financial challenges for everyday Americans. We are not just investing in Button Finance; we are committing to powering their next billion dollars in home equity originations."
This capital infusion comes as Button Finance demonstrates strong financial health and performance, maintaining profitability, and positive cash flow for consecutive months.
"While many startups chase growth at all costs, we've built a fundamentally sound business that's been cash flow positive and profitable for quite some time," said Jason Harris, CEO of Button Finance. "This strategic $5M raise allows us to accelerate growth while preserving equity for our shareholders. We have scaled to over 60 employees in the past two years nearly tripling our monthly volume in just six months-and we are just getting started. The second half of 2025 will bring expanded product offerings and distribution channels to match the explosive demand we're seeing."
The timing couldn't be better. U.S. homeowners now control a staggering $35 trillion in home equity as of early 2025, according to Federal Reserve Bank of St. Louis data. This robust wealth reservoir has triggered surging demand for home equity solutions as consumers strategically tap their properties for renovations, debt consolidation, and liquidity in today's elevated interest environment.
For more information about Button Finance, Inc., visit www.buttonfinance.com.
About Button Finance
Button Finance, Inc. is a New York-based fintech company specializing in home equity lending. Leveraging AI-driven underwriting technology, Button Finance offers homeowners a seamless online platform to access their home equity quickly and efficiently. The company's mission is to expand financial access for a broader range of borrowers, empowering them to achieve their financial goals.
About Hildene Capital Management
Hildene Capital Management, LLC is a Stamford, Connecticut-based asset manager specializing in structured credit. With approximately $17 billion in assets under management, Hildene focuses on identifying and investing in high-conviction opportunities across the credit markets.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250519918863/en/
Contacts
Media: Fran Del Valle (for Button Finance)Influence Consulting GroupFran@influencecentral.com
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