Athena Home Loans

Athena Home Loans

Home loans without fees and with variable rate depending on repaying.

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AUD62.0m

Valuation: AUD312m

Late VC
Total Funding000k
More about Athena Home Loans
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Athena is an innovative fintech startup operating in the Australian market, offering a unique approach to home loans. The company primarily serves homeowners and investors, providing them with a platform to secure home loans with competitive rates. Athena's business model is customer-centric, focusing on transparency and fairness. The company's unique selling proposition is its 'Automatic Rate Match' feature, which ensures that existing customers are not disadvantaged compared to new customers. If Athena offers a lower rate to new customers on a like-for-like loan, existing customers will automatically get the same rate.

Athena's revenue is generated through the interest paid on the home loans it provides. The company does not charge any fees for its 'Straight Up' and 'Power Up' home loan products, but government charges or break costs may apply for changes made to a fixed loan. Athena's commitment to innovation and customer value has been recognized with the Canstar 2020 Innovation Excellence Award and the Canstar 5 Star Rating for Outstanding Value Home Loans.

In summary, Athena is a customer-focused home loan provider that leverages technology to offer competitive rates and a fair deal for all its customers.

Keywords: Fintech, Home Loans, Automatic Rate Match, Customer-Centric, Transparency, Fairness, No Fees, Competitive Rates, Award-Winning, Australian Market.

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