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Small-business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing.
April 24
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The re-engineering of the convertible note arrangement between the two parties includes a one-time cash payment of $110 million by Better.
April 14
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The lender says its technology will supercharge scale, preventing a potential hiring and firing spree which doomed it after the recent refinance boom.
March 19 -
Better touted the company's efficient operations, including an artificial intelligence voice assistant handling all of its inbound customer calls.
November 13 -
Better's voice assistant can help customers get answers to mortgage application inquiries, call them back if they abandon an application and ask them about the weather.
October 17
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The publicly traded firm is also shoring up its sluggish stock and ramping up marketing efforts.
August 8
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The digital lender increased its marketing spend in the first quarter of 2024, with the ultimate goal of "Uber-izing the loan officer."
May 14 -
The digital lender also agreed with a former executive to drop her lawsuit accusing the company of misleading investors.
May 13 -
The digital lender disclosed a prolonged low stock price could have forced it to redeem a $528 million convertible note from sponsor SoftBank.
April 10 -
The lender recorded a $59 million net loss in the fourth quarter, an 83% improvement from its third quarter performance.
March 28
