Helia is an Australian lenders mortgage insurance provider. It is listed on the ASX and changed its name from Genworth Mortgage Insurance Australia in October 2022.[1][2]
In 2018, Helia invested in Tic:Toc, a mortgage fintech.[3]
In 2021, Genworth Financial, an S&P400 insurance provider, sold its 52% of Helia's shares to institutional investors, effectively making Helia an independent company.
In 2022, Helia invested in OSQO a "deposit gap funder".[4]
In 2022, Helia purchased 22% of Household Capital, a reverse mortgage provider.[5]
References
- Genworth takes leap into home equity The Australian (subscription required)^
- Genworth reports strong Q1, prepares to unveil new name - Daily - Insurance News insuranceNEWS.com.au, 2022-05-12, retrieved 2022-11-03^
- Digital home-loan play Tic:Toc raises funding from Genworth, La Trobe Australian Financial Review, July 30, 2018^
- Genworth backs deposit gap funder Banking Day, February 27, 2022^
- Household Capital enters strategic partnership with Genworth^