Mosaic Surpasses $6 Billion in Loans Funded for Residential Solar and Sustainable Home Improvements

Welcomes new board member Rayman Matmoda

Mosaic, a leading financing platform for solar energy and energy-efficient housing improvements in the United States, announced today that it has exceeded $ 6 billion in loans financed through the company’s platform. This announcement comes just four months after the company exceeded $ 5 billion in loans, and nine months ago $ 4 billion in loans were announced.

“As the effects of climate change continue to grow, it’s inspiring to see more and more people joining the transition to clean energy and lowering their homes’ CO2 footprint,” said Billy Parish, founder and CEO, Mosaic. “The opportunity and challenge ahead is enormous: We need to upgrade the entire global housing stock to both address climate change and adapt to the changes that are already with us.”

Mosaic also welcomed a new member to its board. Rayman (Ray) Mathoda is a seasoned CEO with close to 20 years of experience in fintech, proptech and banking. With significant board experience spanning the public, private and non-profit sectors, Mathoda has successfully led and transformed five different companies over the past 10 years.

Most recently, Mathoda served as CEO of Xome, a $ 1 billion portfolio of real estate data and technology companies that she is credited with transforming culturally and strategically, while improving annual earnings by $ 80 million in less than two years.

“As Mosaic continues to experience rapid growth, we are excited to have Ray on our board,” Parish said. “With a track record of driving strategic, operational and financial success, we believe she will play a key role in the continued growth of our business.”

About Mosaic
Mosaic makes financing solar, solar and energy storage systems and other sustainable home improvements accessible and affordable for homeowners by offering a quick and easy way to apply for financing options. Customers are referred by approved solar installers and home improvement contractors as well as other ecosystem partners and can get a credit decision in minutes without money down on loans with fixed interest rates and several maturity options. Funding applied for and processed through the Mosaic platform is provided by Solar Mosaic, LLC or one of its lending / financing partners. For our network of thousands of photovoltaic installers and home improvement contractors, Mosaic offers a streamlined financing platform to drive sales growth. Since 2012, Mosaic has helped more than 180,000 households switch to sustainable housing improvements with its financing products.

William

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