US-based homeowner loyalty platform Mesa has secured $24 million in combined debt and equity financing to expand its workforce and enhance product development.
The investment round was supported by “key partners in the housing, lending, and home improvement space”, says Mesa, including Trinity Capital, Paramount Residential Mortgage Group, and Lowe’s Companies.
The company emerged from stealth mode in September 2024 with $9.2 million in seed funding led by Streamlined Ventures. By November, Mesa launched its credit card, issued by Celtic Bank, which rewards customers for mortgage payments and home-related purchases.
Under CEO and founder Kelley Halpin’s leadership, Mesa now offers mortgage solutions allowing users to earn “Mesa Points” on loan principal payments, redeemable for vacations, gift cards, and home-related expenses. The service currently operates in 11 US states with plans underway to expand the offering across the country.
The new capital will fund product development, integration with new homeownership industry partners, and team expansion across open commercial, compliance, engineering, and product roles.
Source: https://www.fintechfutures.com/
