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What Better’s CEO swap means for its future
['Flávia Furlan Nunes', 'Sarah Wolak', 'Jonathan Delozier', 'Housingwire Automation', 'John Mcmanus']
HousingWire
In prior earnings reports, Better said it aimed to reach profitability by the end of the third quarter of 2026, after 11 consecutive quarters of losses.
Lewis said that Better is working to meet the “objective of durable profitability that generates the resources to continue investing in Tinman, enterprise distribution, and the areas where Better is competitively differentiated.”
Regarding the role of Softbank in the current leadership transition, Lewis said Better does not comment on “specifics of arrangements with Softbank or other individual investors.”
“Our partner-led platform strategy pushes us to lean further into partnerships with enterprise customers and independent mortgage brokers,” Lewis said.
And my question is, how many fintech mortgage companies or mortgage tech companies have really broken out and been successful.