Colombian proptech Habi secured a $40M credit line from BBVA Spark. The financing follows a $60M credit facility in Mexico, bringing its total credit lines to $100M.
Founded in 2019, Habi operates a platform for buying, selling, and financing homes. Habi uses data and AI to improve property valuation, assess risk, and speed up transactions, making the process more transparent.
Habi will use the funds to expand its presence in Colombia, increase investment in residential assets, and continue developing its technology.
Since its launch, more than 40,000 Colombian families have used Habi’s platform. Habi has processed over 66,000 transactions, strengthening its data and pricing models.
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