Takara

Incentivizes Mortgage Prepayments, Benefiting both Lenders and Borrowers

Fintech & Insurtech
Active
Pre-Funding Ramat Hasharon Founded 2022
Total raised
Stage
Pre-Funding
Founded
2022
Headcount
8
HQ
Ramat Hasharon
Sector
Fintech & Insurtech

About

Takara's innovative Residential Defeasance Program (RDP) provides a groundbreaking solution. By partnering with banks and credit unions, the company enables these institutions to offer substantial discounts to borrowers who pay off their mortgages early when moving. This approach not only helps borrowers increase their home equity but also allows lenders to generate revenue, improve liquidity, and stimulate new mortgage originations.

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechLending & Financing
Technologies
Platforms & InterfacesSoftwareArtificial IntelligenceMachine Learning
Target customers
ConsumersFinancial ServicesFinancial InstitutionsCapital MarketsBrokerageBanksFinancial ProductsStructured ProductsPensionReal Estate
Business model
B2B2C

Highlights

Verified

Tags

mortgage