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Midkey Funds Management

The startup operates a home loan platform that offers a unique payment structure where borrowers pay only the loan principal, accumulated simple interest, and a deferral fee at the end of the loan term. This model addresses the challenges of rising interest rates and stringent serviceability assessments by providing a more manageable repayment option for Australians facing financial constraints.

Traction 8/10
Sydney, Australia · HQ
Founded 202111700+ followers
  • Financial Technology
Updated 6 months ago

Funding

Raised to date

$50MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

Funding rounds are not available yet.

Founders

3 founders

Scott Collison

Co-CEO

Richard Young

Co-CEO

Christian Drysdale

Founder, Strategic Advisor, Board Director

Product

Features

  • The startup operates a home loan platform that offers a unique payment structure where borrowers pay only the loan principal, accumulated simple interest, and a deferral fee at the end of the loan term. This model addresses the challenges of rising interest rates and stringent serviceability assessments by providing a more manageable repayment option for Australians facing financial constraints.
This profile is AI-generated and may contain inaccuracies.