Pretto, the leading online mortgage broker, closes a €30M series B funding round

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Five years after its launch, Pretto, the n°1 online mortgage broker brand in France, pursues its mission to facilitate access to home credits. Building on its success with individual clients, the fintech company is also deploying its B2B platform with incumbent players of the mortgage sector. This strategy is supported by a €30 million Series B round raised with historical funds Alven, Kernel and BlackFin Capital Partners, joined by Serena, Eurazeo and Orange Ventures.

Founded by Pierre Chapon and Renaud Pestre, Pretto’s promise has always been to make the search for property financing efficient, simple and fair for everyone. Since its launch, the company has served 150,000 customers. 2021 marked an acceleration with more than one billion euros of mortgage financing in a year and a 100% growth.

The company is undergoing hypergrowth at the moment. With less than a hundred employees in 2020, it now employs 170 people and has opened a 2nd office in Nantes, and 160 positions are open for 2022. The management team has already been reinforced by the addition of highly experienced profiles, including a Senior Vice President, a Chief Sales Officer, a Chief Marketing Officer and a Director of Banking Partnerships.

We operate in a fast-growing market: brokerage accounts for 40% of real estate financing in France, but it is much higher in other countries. In the United Kingdom, it counts for 80%. In Germany, our fellow operator Hypoport owns 25% of the market and is valued at nearly €3 billion,” said Pierre Chapon and Renaud Pestre, co-founders of Pretto.

Pretto is deploying simultaneously the entire infrastructure and functionalities of Finspot, its B2B platform, to all real estate players (independent mortgage brokers).


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