Fintech marketplace for home loans, MortgageMarket.co.za, has completed its latest funding round of R10 million ($692,700) with venture capital firm IDF Capital.

The company plans to use its new round of funding to bolster its growth strategy and expand its brand. MortgageMarket.co.za initially raised R7 million ($484,900) from its founders and private investors in 2019.

MortgageMarket.co.za was co-founded in 2019 by Tim Akinnusi, a former Nedbank home loans executive and former...