About Newfi
Newfi is a company based in Emeryville (United States) founded in 2014 by Michelle Constantine and Steve Abreu was acquired by Athene in October 2021. Newfi has raised $4.92 million across 3 funding rounds from investors including Athene and Warburg Pincus. The company has 125 employees as of December 31, 2022. Newfi offers products and services including 30-Year Fixed Rate Mortgage, FHA Loans, VA Loans, Cash Out Refinance, and DSCR Loans. Newfi operates in a competitive market with competitors including LendingOne, HomeLend, Liquid Mortgage, Mortgage Peer Network and TapCap, among others.
- Headquarter Emeryville, United States
- Employees 125 as on 31 Dec, 2022
- Founders Michelle Constantine, Steve Abreu
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Nexera Holding Llc
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Products & Services of Newfi
Newfi offers a comprehensive portfolio of products and services, including 30-Year Fixed Rate Mortgage, FHA Loans, VA Loans, Cash Out Refinance, and DSCR Loans.
Fixed-rate loan for long-term home financing
Loans insured by FHA for home buyers with lower credit
Mortgages for military veterans and their families
Refinancing to access home equity for other needs
Loans based on property income for investors
People of Newfi
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Funding Insights of Newfi
Newfi has successfully raised a total of $4.92M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Newfi
Newfi has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Athene and Warburg Pincus.
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Multi-stage private equity investments are pursued across diverse sectors.
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Retirement services provider
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Investor details for Newfi
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Investments & Acquisitions by Newfi
Investment portfolio details for Newfi
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Financial Statements - Newfi
Detailed financials for Newfi
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Newfi Comparisons
Peer comparison for Newfi
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Competitors of Newfi
Newfi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LendingOne, HomeLend, Liquid Mortgage, Mortgage Peer Network and TapCap, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Real Estate Lending
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Online platform facilitating direct purchase and sale of mortgage loans
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Residential mortgages are facilitated through an online marketplace platform.
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Mortgage loans are facilitated via an online peer-to-peer lending platform.
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Online marketplace for mortgage loans
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Detailed competitors of Newfi
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Latest news on Newfi
Complete news archive for Newfi
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Frequently Asked Questions about Newfi
Newfi was founded in 2014.
Newfi is headquartered in Emeryville, United States. It is registered at Emeryville, California, United States.
Steve Abreu is the current CEO of Newfi. They have also founded this company.
Newfi is a funded company, having raised a total of $4.92M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Newfi is 125.
Newfi was founded in 2014 in Emeryville, United States, as a provider in the mortgage lending sector. An online platform is operated where users profiles are created to receive customized rates. Documents are uploaded by users, and loan progress is tracked throughout the process. Funding is disbursed to consumers once documentation is completed, supporting streamlined lending operations.
Newfi's top competitors include HomeLend, LendingOne and TapCap.
Newfi offers 30-Year Fixed Rate Mortgage, FHA Loans, VA Loans, Cash Out Refinance, and DSCR Loans.
Newfi has 2 investors. Key investors include Athene, and Warburg Pincus.