mTrade
mTrade operates the mT360 platform, a centralized trading system that streamlines the acquisition, surveillance, disposition, and pricing of U.S. residential whole loans for institutional buyers, sellers, and servicers.
- Company typePrivate
- Founded2016
- HeadquartersOxford, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What mTrade does
mTrade (mTrade, LLC) is a privately held U.S. fintech founded in 2016 and headquartered in Oxford, Mississippi, that operates the mT360 platform — a centralized residential mortgage trading system designed to compress settlement time for buying, selling, and securitizing whole loans. The platform ties together buyers, sellers, documents, data, analytics, and vendors through API-driven connectivity and is composed of six functional modules: Loan Acquisition System (seller tape ingestion and standardization), Surveillance (servicer tape ingestion and automated oversight), Disposition (loan pooling, document presentation and custodial boarding), Business Intelligence (counterparty scorecards and performance tracking), RateLocker (pricing and lock management across hundreds of sellers and thousands of locks), and Life of Loan Warehouse (encrypted document and data vault). The company was founded by Bill Rayburn (CEO) and Lois Lovelady (President/Chief Revenue Officer), both former FNC executives, and is governed by a board that includes a partner from RedBird Capital Partners. The company sells directly to residential whole-loan market participants — loan originators, mortgage investors, and financial institutions — through a relationship-based, white-glove enterprise sales motion with a dedicated Managing Director of Client Relations and named Client Concierge services.
Revenue mechanics are anchored on enterprise platform subscriptions for whole-loan trading workflows; pricing is quote-based and not publicly disclosed. The go-to-market is sales-led and high-touch, with the platform positioned around an "Every Day Matters" thesis that frames settlement time as a direct economic cost, and "redefining best execution" by incorporating time into price. The company has raised approximately $11 million cumulatively, with a $10 million round in May 2022 and a 2024 SEC Form D exempt offering intended to raise up to $7 million ($925,000 sold at filing), and currently operates with 101-250 employees. The product strategy emphasizes end-to-end coverage of the secondary-market loan trade lifecycle, with the White Glove Service layer functioning as both a customer-success moat and a differentiation lever against commoditized mortgage technology tooling.
mTrade firmographics
Firmographics- Name
- mTrade
- Legal name
- mTrade, LLC
- Website
- https://mtrade.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- mTrade operates the mT360 platform, a centralized trading system that streamlines the acquisition, surveillance, disposition, and pricing of U.S. residential whole loans for institutional buyers, sellers, and servicers.
- Ownership category
- akta.pro rank
mTrade industry classification
Industry- Product category
- Residential Mortgage Trading Platform
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- Marketplace & Loan Aggregation Platforms (Borrower-Lender Matching) (FSAGAHAL)
Keywords
Where mTrade is headquartered
LocationHeadquarters
- HQ city
- Oxford
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
mTrade business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Platform Services for Whole Loan Trading: mTrade provides a centralized platform for residential whole loan trading operations including acquisition, surveillance, disposition, and business intelligence. Revenue is derived from serving buyers and sellers of whole loans through their mT360 platform.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
mTrade product offering
Product offeringCore offering
mTrade operates the mT360 platform, a centralized residential whole loan trading platform that ties together buyers, sellers, documents, data, analytics, and vendors. It delivers modules for loan acquisition, surveillance, disposition, business intelligence, rate locking, and life-of-loan data warehousing, and is complemented by a White Glove Service offering with dedicated account teams for U.S. mortgage market participants.
Product overview
mTrade offers a platform-plus-modules architecture centered on the mT360 platform, which serves as the core technology for trading residential whole loans. The platform integrates six key modules: Loan Acquisition System (for ingesting and processing seller tapes), Surveillance (for monitoring servicer performance and loan data), Disposition (for managing loan sales and document presentation), Business Intelligence (for analytics and performance tracking), RateLocker (for pricing and lock management), and Life of Loan Warehouse (for document and data retention). Together, these modules tie buyers, sellers, documents, data, analytics, and vendors into one centralized platform. The company also provides White Glove Service as a high-touch service layer offering dedicated account teams.
Differentiator
Problem solved
Functional benefit
Brands
- mT360: A comprehensive platform for loan acquisition, disposition, and surveillance of residential whole loan portfolios, providing real-time business intelligence and connectivity through APIs.
Products and services
- mT360 Platform Centralized residential mortgage trading platform that ties buyers, sellers, documents, data, analytics and vendors together. Handles high volumes across flow, mini-bulk, and large bulk channels, with modules for loan acquisition, servicer surveillance, loan disposition, business intelligence, RateLocker pricing/lock management, and a secure Life of Loan data warehouse. Designed for enterprise residential whole loan market participants including originators, investors, and financial institutions.
- White Glove Service High-touch, personalized client service offering with a dedicated account team familiar with each client and their company, providing prompt response to calls and emails. Designed for enterprise residential whole loan clients who require a concierge experience on top of the mT360 platform.
Quantifiable outcome
- Deals getting completed in record speed through fluid automation and standardized data parsing
- +2 more outcomes
Companies that use mTrade
Customer profileSegments1 record
Ideal customer profiles1 record
mTrade technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
mTrade partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights5 records
mTrade competitors and assessment
Company assessmentBroad incumbents
- ICE Mortgage Technology (Black Knight): ICE Mortgage Technology (formerly Black Knight) is the dominant incumbent in mortgage technology, offering origination, servicing, secondary-market, and data solutions. While its scope is far broader than mTrade's, its Empower and MSP loan trading/boarding products overlap directly with mT360's acquisition, surveillance, and disposition modules.
- Optimal Blue: Optimal Blue (a Black Knight/ICE company) is the leading provider of mortgage pricing and product eligibility technology, including secondary market analytics. Its product and pricing engine competes directly with mTrade's RateLocker module and adjacent to its Business Intelligence offering.
- Tavant: Tavant provides digital lending and mortgage technology solutions, including loan origination, servicing, and analytics. Its TouchAnalytics and lending platform suites are broader than mTrade but address overlapping mortgage market participants with secondary-market-adjacent capabilities.
- Mortgage Cadence (Accenture): Mortgage Cadence, an Accenture company, provides enterprise mortgage origination and closing technology. While primarily focused on origination rather than secondary trading, it serves the same enterprise mortgage market participants as mTrade and is part of the broader mortgage technology ecosystem.
Direct peers
- Mortgage Capital Trading (MCT): MCT is a direct competitor providing a capital markets platform for mortgage lenders, including whole loan trading, best-execution analytics, and rate-locking technology. Its MBS Trading platform and lock desk services overlap directly with mTrade's mT360 acquisition, disposition, and RateLocker modules.
- Polly (formerly PollyEx): Polly provides a capital markets technology platform for mortgage lenders offering loan trading, best-execution pricing, and secondary marketing workflows. Its product scope closely mirrors mTrade's RateLocker, acquisition, and disposition capabilities, making it a direct competitor in lender-side whole loan trading technology.
- LoanLogics: LoanLogics offers loan quality, data integrity, and secondary-market technology for the mortgage industry. Its focus on loan-level data validation and audit capabilities overlaps with mTrade's surveillance and life-of-loan warehouse modules.
- Compass Analytics: Compass Analytics provides whole loan pricing, trading, and portfolio management technology to mortgage investors and lenders. Its loan trading platform and analytics suite are directly comparable to mTrade's acquisition, disposition, and Business Intelligence modules.
Emerging players
- Maxwell (now part of ICE): Maxwell, acquired by ICE, provides a digital mortgage point-of-sale and secondary-market automation platform. While focused on the origination side, its secondary-market automation overlaps with parts of mTrade's acquisition and rate-locking workflows.
- Open Mortgage Exchange: Open Mortgage Exchange operates an electronic trading platform for whole loan trading, providing direct matching between buyers and sellers. It is a more narrowly scoped emerging peer to mTrade's mT360 trading venue.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
mTrade social profiles
Digital presencemTrade financial estimates
Financial estimateRevenue estimate
Valuation estimate
mTrade leadership team
Management profileNumber of profiles
Profiles14 records
mTrade funding detail
Funding detailFunding overview
Funding rounds4 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
mTrade M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about mTrade
What does mTrade do?
mTrade operates the mT360 platform, a centralized residential whole loan trading platform that ties together buyers, sellers, documents, data, analytics, and vendors. It delivers modules for loan acquisition, surveillance, disposition, business intelligence, rate locking, and life-of-loan data warehousing, and is complemented by a White Glove Service offering with dedicated account teams for U.S. mortgage market participants.
Is mTrade a public or private company?
mTrade is a private company. It is classified as venture growth investor backed and is currently operating.
When was mTrade founded?
mTrade was founded in 2016. It employs 101 to 250 people.
Where is mTrade based?
mTrade is headquartered in Oxford, United States, in the North America region.
How does mTrade make money?
One revenue line is on record: platform Services for Whole Loan Trading.
Who are mTrade's main competitors?
Broad incumbents on record are ICE Mortgage Technology (Black Knight), Optimal Blue, Tavant and Mortgage Cadence (Accenture). Direct peers are Mortgage Capital Trading (MCT), Polly (formerly PollyEx), LoanLogics and Compass Analytics. Emerging players are Maxwell (now part of ICE) and Open Mortgage Exchange.
Does mTrade have an API?
No public API is recorded for mTrade.
What industry is mTrade in?
mTrade's product category is Residential Mortgage Trading Platform. Its primary akta.pro industry code is FSAGAHAL, Marketplace & Loan Aggregation Platforms (Borrower-Lender Matching). Its NAICS code is 522310 and its SIC code is 6163.