Habi, the leading residential technology company in Spanish-speaking Latin America, has finalized a US$30 million financing deal with the International Finance Corporation (IFC), a member of the World Bank Group, and Victory Park Capital (VPC), a global alternative investment firm specializing in private credit. This investment marks a significant milestone for Habi, positioning it as the first technology platform in the real estate sector to receive backing from the IFC.
Elizabeth MartÃnez de Marcano, IFC’s Regional Director for Colombia, Mexico, Central America, and the Caribbean, emphasized the importance of supporting innovative solutions to enhance sustainable, resilient, and affordable housing in Latin America. She highlighted the partnership with Habi as a step towards promoting inclusive development and improving access to housing finance for underserved populations.
Brynne McNulty Rojas, CEO and co-founder of Habi, expressed gratitude for the recognition of their efforts by the IFC. She underscored Habi’s mission to streamline real estate transactions and make homeownership accessible to working and middle-class families across the region.
This investment marks the second collaboration between Habi and VPC, following a US$100 million credit facility in 2023. Gordon Watson, Partner at Victory Park Capital, reiterated their confidence in Habi’s ability to transform the Latin American residential sector.
Marcos Kantt, CFO of Habi, emphasized the strategic significance of securing backing from the IFC and continued support from VPC. He highlighted Habi’s commitment to driving change in the Proptech sector and its strong financial positioning.
IFC joins IDB Invest and several other institutions in supporting Habi’s operations since its inception in 2019. With over US$600 million raised in equity and debt, Habi solidifies its position as a leader in the industry, leveraging its extensive proprietary database to modernize the housing market in Latin America.
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By Proptechbuzz
By Ravi Kumar
