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Rent-to-own Startup Divvy Raises $500M

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 Rent-to-own startup Divvy Homes has raised $100 million to meet a wave of demand from customers who cannot secure a traditional mortgage. The Series C was led by Tiger Global Management with participation from GGV Capital, Moore Specialty Credit, JAWS Ventures and others. According to Divvy, the infusion of cash will accelerate its geographic expansion and support the launch of new products, including brokerage and title insurance. “We’re starting to build out services [for] an The post Divvy, which helps renters become owners, raises $100M appeared first on The Real Deal New York.

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