Lower Acquires Movoto to Build End-to-End Homeownership Platform
May 13, 2025
Lower, a digital mortgage lender, has acquired proptech portal Movoto from prior parent OJO Labs to integrate Movoto's large consumer audience with Lower's lending and retail network. The deal aims to create an end-to-end homeownership platform that connects homebuyers, local agents, and Lower loan officers to simplify the mortgage and homebuying journey.
- Buyers
- Lower
- Targets
- Movoto
- Sellers
- OJO Labs
- Industry
- Real Estate
- Location
- California, United States
- Transaction Type
- Buyout
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OJO Labs Acquires Movoto
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