Colombian I-Buyer Habi has closed a $75 million U.S. credit line to help it expand in Colombia and Mexico, said the company late this week.
The credit line comes a month after it raised $200 million in a series C funding. So far, Habi has raised over $450 million in funding.
“Habi has a historic opportunity to transform the residential sector,” said Marcos Kantt, chief financial officer at Habi. “Accessing these new credit lines, just one month after announcing our Series C, reiterates the confidence that several of the world’s most important financial institutions have placed in Habi, and even more importantly, that they continue to bet on our region to improve the quality of life for millions of Latin Americans,” he said.
Habi said it will continue to expand its product offering. Habi has developed a suite of valuation, transaction and financing products.