Fatima Gobi backs Pakistan housing fintech firm

Trellis, a Pakistan-based housing fintech firm, has raised an undisclosed amount in a pre-series A round joined by Fatima Gobi Ventures, Insitor Partners, Zayn Capital, TPL Properties, and Taarah Ventures.

Trellis team / Photo credit: Trellis

Founded in 2020, Trellis makes house financing easier for Pakistanis through its digital solutions, skipping the usual two-to-four-month wait from paper-based processing. The firm also has a proprietary, fully digital mortgage origination platform, which makes it easier for financial institutions to deploy funds for housing transactions.

Trellis says that it has processed around US$5.8 million worth of housing finance inquiries to date.

“In addition to our financial products, we are building the Trellis Network, a rapidly growing ecosystem of real-estate, finance, and associated industry partners connecting the dots across the supply chain to further optimize and streamline the home buying experience for everyone,” said Jamshed Meherhomji, co-founder and CEO of Trellis, noting that the latest fundraise will help the firm scale operations.