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Former Caribou founder launches Further, a fintech that’s focused on helping people buy homes
- Further is a new fintech platform that helps users navigate the financial side of home buying.
- The platform's first product, launching Friday, is a calculator that shows what people can afford and what their monthly mortgage payments and closing costs could look like.
- Further looks to give users more than just numbers by providing information on loan options based on their financial status.
- The platform is currently free to use with the company planning to monetize once it releases more product developments.
- The Founder of Further, Kevin Bennet, aims to make the complicated home buying process more manageable for people and especially for first-time buyers.
- Further was created after Kevin Bennet left the auto loan refinancing start-up, Caribou, and spoke to people who had purchased their homes over the past two years, finding common pain points and a gap in the market.
- Further’s pre-seed funding came from investors, including Link Ventures, Vesta Ventures and Fidi Ventures, allowing the company to come out of stealth.
- While the company is unsure of the specific details of their future releases, they are currently developing more features and capabilities.
- Further aims to enable people with insights and information to make good decisions and plan for the dream of being a homeowner.
- Bennett thinks his track record as a founder has made a difference in investors' confidence in the company.
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