duppla has raised $60.0M in a funding round backed by Patria Investments, a notable infusion for the Latin American housing finance startup. The company offers an alternative to traditional mortgages: a debt-free financing product that covers 85% of a home’s value plus transaction costs, with approvals in as little as five days.
The round’s size and Patria’s backing signal growing investor appetite for non-bank housing solutions in the region, where credit access remains a bottleneck for many buyers. duppla’s pitch-speed and no debt-positions it against conventional lenders, though the company has not disclosed how the fresh capital will be deployed.
