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Australia fintech startup Verteva raises $21.4m from NZ's Bolton

Funding earmarked for new markets and business expansion in home lending

The startup is targeting Australia, New Zealand, the U.K. and U.S. with a digital home lending platform that streamlines the lending process.   © Reuters

HANOI -- Australian fintech startup Verteva has raised $33 million Australian dollars ($21.4 million) in a Series A round from New Zealand-based investment company Bolton Equities, according to an announcement.

Co-founded by former Westpac executives Andrew Walker, who is its CEO, and Chris Lumby, Verteva operates a digital alternative for home lending.

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