Oper Credits, a Zürich, Switzerland-based mortgage SaaS firm that helps lenders digitize mortgage processes from contact to contract, secured €11 million in Series A funding.
The round was led by Bessemer Venture Partners and ABN Amro Ventures, with participation from existing shareholders, including Techstars, Pitchdrive, and Verve Ventures.
With this new funding, Oper Credits will focus on developing the building blocks needed to gather data from a variety of sources, including payroll, income stats, spending habits, etc.
Company: Oper Credits AG
Round: Series A
Funding Month: July 2022
Lead Investors: Bessemer Venture Partners and ABN Amro Ventures
Additional Investors: Techstars, Pitchdrive and Verve Ventures
Company Website: https://www.opercredits.com/
Software Category: Digitized Mortgage Solutions
About the Company: Founded in 2018 by three Belgian entrepreneurs with backgrounds in lending and digital engineering – Geert Van Kerckhoven, Nick Van Berckelaer, and Wouter Lachat. Oper Credits is a software-as-a-service solution that helps lenders digitize mortgage processes from contact to contract. Oper’s digital mortgage solution fits into the “post-branch strategy” of many retail banks in Europe. Many European banks are moving away from the philosophy that every important product is bought in the local bank branch. Currently, Oper Credits employs a total of 45 people from 12 different nationalities living in 16 different cities across Europe. Its offices are located in Antwerp, Zurich, and Minsk and serve a total of 13 clients. Now, it is a leading provider of digitized mortgage solutions in Belgium and Switzerland and has a significant footprint across Europe.