Zippy, a Dallas-Based Fintech, Secures $20M in Series C Funding to Expand Manufactured Home Lending

The Dallas-based fintech company Zippy, which specializes in lending and loan servicing for manufactured homes, has successfully completed a Series C funding round, raising $20 million. The funding was entirely provided by Saluda Grade, an alternative investment firm based in New York. Zippy aims to utilize these funds to expand its national operations, upgrade its technology, and enhance its partnership network.

Since its inception in 2021, Zippy has accumulated approximately $85 million in equity. Co-founder and CEO Ben Halliday emphasized the company’s commitment to improving the borrowing experience for manufactured homes by leveraging modern technology. Currently, Zippy operates in 27 states and aims to provide services in all 49 states with a manufactured housing market. The company is also building a diverse network of partners in the industry, including mortgage brokers and manufactured home retailers.