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