Mondus Capital Pty Ltd
30%
This Stride Equity Enabled opportunity has been qualified for investment after extensive research and due diligence undertaken by our experienced team.
Mondus Capital Pty Ltd is available to answer all your questions through a communication facility.
This Stride Equity Enabled opportunity has been qualified for investment after extensive research and due diligence undertaken by our experienced team.
Fintech company, Mondus, lends up to 25% of property value to qualified homebuyers in an equity-sharing model. After five years, customers repay their loan and Mondus receives 40% of net value gain of the property.
Benefit from the uplift in the residential property market by becoming shareholders in Mondus
Founded by successful serial entrepreneur and investor Nir Davidson, Mondus is a fintech company changing the way home ownership is achieved in Australia. With its digital lending platform, Mondus plans to assist 50,000 Australians to buy their home sooner.
By lending up to 25% of the property purchase price for deposit and fees, Mondus will enable home buyers to get into their dream homes now instead of saving for years. They will be able to enjoy the increase in their property value while living in their own home, paying it off instead of paying rent. Mondus can assist buyers with the entire purchase process, from selecting the right property through to securing a bank loan for the remaining purchase price.
Mondus shareholders will benefit from interest payments on the loans and will share in the value uplift of the properties over five years. At the end of the five-year period, homeowners may refinance or sell their property, with Mondus getting 40% of the net increase.
Mondus is in advanced discussions with institutional lenders to secure a facility of up to $50 million for the next stage of its lending program. This facility is expected to finance deposits for a further 100 properties, covering the second stage of Mondus’ growth plans.
Why we Invested
Burning problem: We all face the housing affordability crisis daily, with very few solutions on offer. Mondus plans to solve a real, burning problem in our society today with an innovative solution that is scalable.
Brilliant team: Founder Nir Davidson is a successful serial entrepreneur, having built and exited thriving businesses in various sectors. At Mondus, Nir has built a formidable team of experienced professionals in property, finance, and credit risk management.
Balanced Business Model: Mondus has developed a lending model that allows investors to earn interest payments on loans and share in the value increase of the properties over a 5-year period while also addressing the key risks of a lending business.
"Investing in Mondus is a smart choice. You're helping Australians who can afford a loan but struggle with the deposit, and it's also a solid financial move for me as an investor."
Danielle Tracey
"As a financial analyst, investing in Mondus Capital stands out as both a wise financial decision and a meaningful way to support Australians facing deposit hurdles, truly a strategic move towards a more inclusive property market."
Caroline Maricourt
"Mondus Capital's shared equity model is a game-changer, making homeownership wallet-friendly and globally beneficial, ensuring everyone gets a fair shot at the property ladder."
Edward Eaton
The Details
Property values continue to outpace wage growth in Australia
Australian house values have increased 82% in the last decade across all capital cities. Sydney house prices have almost doubled since 2012, with an increase of 98%. As of July 2022, CoreLogic has reported that the median house price reached almost $1.35 million in Sydney, representing an increase of around $1.12 million since 1992. Other capital cities such as Canberra, Adelaide, Brisbane, and Melbourne have also experienced strong increases in dwelling values, with a rise of around 70% in the last decade (CoreLogic).
Against this, the Wage Price Index (WPI) measuring changes in wages and salaries has increased between 1.3% and 4.3% annually over the past ten years (Australian Bureau of Statistics). Today, prospective home owners have to spend up to 10-12 years to save up for their deposit.
The increase in property values is driven in part by a limited housing supply that is not easily addressed. This housing shortage is exacerbated by increased immigration and a desire of home ownership embedded in our culture.
De-risked business model with multiple revenue streams
Mondus has developed a business model addressing the key risks of a lending business while ensuring that those exposed to risks also share in the upside. Mondus will identify eligible borrowers using credit controls and a strict selection process. Intending borrowers must qualify through an income test and have appropriate credit ratings.
Focused on capital cities, Mondus will be lending against quality properties in areas where growth rates have been consistently high over the years. Whilst historic price performance is not always an indication of future growth, quality properties in sought after areas are more likely to grow in value.
Importantly for investors, Mondus will receive interest payments and will share in the capital gains on the property after a five-year period.
Advanced discussions with institutional lenders
Mondus is in advanced discussions with institutional lenders to secure a facility of up to $50 million for the next stage of its lending program. This facility is expected to finance deposits for a further 100 properties, covering the second stage of Mondus’ growth plans.
Mondus: Scalable, Secure, and Compliant Lending Platform
The lending platform has been designed by an expert team with outstanding customer experience in mind, in addition to ensuring compliance with regulatory and cyber security requirements. The platform leverages the latest technology and is expected to be highly scalable.
Key Risks
Mondus has the usual financial, market, technical, and human resources risks of an early-stage company. Investors should read the offer documents before making an investment in Mondus.
Meet the Team
Updates
Q&A
Previously asked questions
Hi Chris, We have already built digital a level of trust and traffic through our marketing activities on mymondus.com and it does not make commercial sense to start again.
We use our proprietary algorithm to assist any customer who has the right credit score and is capable of servicing our loan requirements. We don’t however restrict lending to certain professions or geographic regions like some of the other platforms do. Unfortunately we are unable to name our institutional lending partners at this stage, but they are the same banks supporting the government, and other private, equity schemes.
We are well on track to obtain our ACL, and expect our workflow to support a smooth customer journey, including application forms, loan agreements and tailored security documentation are in place to implement our phase 2 pilot program. We have a technology stack design utilising industry leading CRM, credit management and lending software, amongst other things. We have also been focusing on AI integration to optimise the customer journey. We are unable to disclose specific partnerships and design details at this stage.