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Lendesk CFO relaunches startup that is own raises funding from Quicken Loans moms and dad business

Wednesday, September 2nd, 2020

Lendesk CFO relaunches startup that is own raises funding from Quicken Loans moms and dad business

Digital mortgage startup Edison Financial has raised an undisclosed seed round from Rock Holdings, the moms and dad business of United States-based Quicken Loans.

Hash Aboulhosn, the former main officer that is financial of company Lendesk Technologies, established Edison Financial in 2017. The following year, Aboulhosn put Edison Financial on hold to do business with Lendesk, where he helped implement a partnership with Rock Holdings and helped build the Lendesk Spotlight platform.

Edison Financial will stay closely associated with Lendesk, because of the startup making use of Lendesk’s software.

Aboulhosn remained with Lendesk until it had been obtained by Rock Holdings in 2019 april. Later on that Aboulhosn decided to leave Lendesk to reboot Edison Financial, which is currently in the process of applying for an Ontario mortgage brokerage license year.

“During the previous 12 months at Lendesk, We have witnessed first-hand the ability and convenience of the company’s revolutionary technology platform to transform the home loan experience for brokers and their clients, ” said Aboulhosn. “The energy of innovation, combined with what I’ve discovered building strong cultures that are entrepreneurial Quicken Loans, helped reignite my passion for building Edison Financial into one thing amazing in Canada. ”

Edison Financial works together with Canada’s broker channel lenders to aid house purchasers make an application for a home loan. The company’s objective is always to assist house purchasers complete home loan applications without the need to e-mail personal and delicate papers to and fro. (more…)