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Digital Lender Molo Sells 80% Stake to Australian Firm

Molo Finance, a UK-based digital mortgage lender, has sold an 80% stake to Australian mortgage lender ColCap. So reports Crowdfund Insider.

Molo FinanceMolo noted that the deal builds on “the strategic partnership with Molo and ColCap entered into last year.”

Molo said the investment will help it grow under the existing management team as an independent company under the ColCap umbrella.

Read the full article from Crowdfund Insider.

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