NEW YORK--(BUSINESS WIRE)--Better Mortgage, a digital mortgage company working to improve access to home financing through transparency, honest guidance and zero commissions, today announced that it has hired Howard Katzenberg as Chief Financial Officer.
Prior to Better, Katzenberg was the CFO of OnDeck (NYSE: ONDK), the leading online small business lender, where he joined in 2008 as one of its first employees.
Katzenberg has spent the entirety of his career focused on innovation within financial services and brings with him a wealth of experience scaling operations of entrepreneurial businesses. He joins Better during a period of rapid growth, leveraging his experience to help Better meet increasing customer demand, which has grown 3x year over year as of Q1 2018.
Katzenberg brings a wealth of experience to his role at Better. Under his financial leadership at OnDeck, he helped grow the firm’s revenues over 80% per year, scaled headcount to over 500 employees across three countries, raised over $1 billion in securitization and credit commitments and completed a $230 million initial public offering, one of the biggest IPOs of a venture-backed New York City company.
Katzenberg will be based out of the New York City office. Under his leadership, Better plans on building up their West Coast offices by hiring new talent to allow the company to support more borrowers across the U.S. by being in two time zones.
About Better Mortgage:
Launched in 2016, Better.com is a full stack mortgage lender digitizing every step of the home financing process to make homeownership more affordable and accessible. Backed by Kleiner Perkins, Goldman Sachs, and Pinebrook, Better is focused on customer advocacy, putting consumers back in control of the most important financial decision of their lives. Recently named Best Mortgage Lender for Customer Service by Nerdwallet, Better has an intuitive online platform, complemented by non-commissioned staff that guides customers through the process starting with how much house they can afford or how much they can save through to close, completely jargon-free, with airtight certainty and the best rate possible. For more information follow us on Facebook, Twitter and LinkedIn.
