Fraction

Fraction Technologies Inc. is a technology-driven financial services company founded in 2020. Its mission is to address the challenge of "house-rich, cash-poor" homeowners by providing innovative ways to unlock home equity. The company's primary product is the Fraction Mortgage, a type of home equity line of credit (HELOC) where homeowners receive a lump-sum payment. Instead of traditional monthly interest payments, the loan is repaid upon the sale of the home, with the final amount owed adjusted based on the change in the home's value, allowing Fraction to share in the property's appreciation or depreciation.