Trellis, a Pakistan-based housing fintech firm, has raised an undisclosed amount in a pre-series A round joined by Fatima Gobi Ventures, Insitor Partners, Zayn Capital, TPL Properties, and Taarah Ventures.
Founded in 2020, Trellis makes house financing easier for Pakistanis through its digital solutions, skipping the usual two-to-four-month wait from paper-based processing. The firm also has a proprietary, fully digital mortgage origination platform, which makes it easier for financial institutions to deploy funds for housing transactions.
Trellis says that it has processed around US$5.8 million worth of housing finance inquiries to date.
“In addition to our financial products, we are building the Trellis Network, a rapidly growing ecosystem of real-estate, finance, and associated industry partners connecting the dots across the supply chain to further optimize and streamline the home buying experience for everyone,” said Jamshed Meherhomji, co-founder and CEO of Trellis, noting that the latest fundraise will help the firm scale operations.
Editing by Miguel Cordon and Lorenzo Kyle Subido
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