Better Mortgage, a digital mortgage company, today announced that it has hired Howard Katzenberg as CFO.
Mr. Katzenberg was the CFO of OnDeck, where he joined in 2008 as one of its first employees. He spent his career focused on innovation within financial services and brings with him experience scaling operations of entrepreneurial businesses. He joins Better during a period of rapid growth, leveraging his experience to help Better meet increasing customer demand, which has grown three times year-over-year as of Q1 2018.
Under his financial leadership atOnDeck, Mr. Katzenberg helped grow the firm’s revenues more than 80% per year, scaled headcount to more than 500 in three countries, raised north of $1 billion in securitization and credit commitments and completed a $230 million IPO.
Mr. Katzenberg will be based out in New York City. Under his leadership, Better plans on building up their West Coast offices by hiring new talent to allow the company to support more borrowers across the U.S. by being in two-time zones.