Envoy is currently licensed in 47 states and possesses a national presence as a mortgage lender with the ability to support and service a variety of loan products throughout the mortgage life-cycle.
Given Platform’s long-term investment horizon and experience investing in financial services, we believed the mortgage industry presented a unique opportunity with attractive industry dynamics and reached out to the Envoy team in 2015 to discuss a potential partnership and closed our investment in May 2017.