# Milo

> Milo is a Miami fintech lender that turns Bitcoin and Ethereum into usable borrowing power. Its flagship 30-year crypto mortgage can finance up to 100% of a U.S. property purchase when a borrower pledges crypto equal to the loan, while a self-custody option counts crypto as reserves and a shorter crypto-backed loan provides cash. The pitch is simple but not cheap: keep the asset instead of selling it, then pay fixed-rate, interest-only debt and accept the custody, volatility, and balloon-payment tradeoffs.

- **Founded:** 2018
- **Headquarters:** Miami, United States
- **Founders:** Josip Rupena (CEO and Founder)
- **Team size:** LinkedIn listed 71 associated employees in August 2026; supplied company data listed 69.
- **Products:** Foreign National Mortgage, Crypto-Backed Mortgage, Crypto-Backed Loan, Self-Custody Mortgage
- **Notable:** Launched a 30-year crypto-backed mortgage in 2022 after first building a foreign-national mortgage business., Raised a $17 million Series A led by M13 in March 2022, bringing publicly announced venture funding at the time to $24 million., Processed more than $200 million in applications from 93 countries in 2023, according to Milo.

## Products & services

- **Foreign National Mortgage** — A digital U.S. mortgage for qualified international buyers who lack U.S. credit history or conventional domestic income documentation.
- **Crypto-Backed Mortgage** — A 30-year, fixed-rate, interest-only mortgage using pledged Bitcoin or Ethereum as collateral, with up to 100% financing and third-party custody.
- **Crypto-Backed Loan** — A 12-month, interest-only dollar loan secured by Bitcoin or Ethereum, currently starting at $5,000 with a stated 2% origination fee.
- **Self-Custody Mortgage** — A mortgage that counts verifiable BTC or ETH as reserves while the borrower keeps the assets in their own wallet; it requires a fiat down payment and offers up to 75% LTV.

## Achievements

- Launched a 30-year crypto-backed mortgage in 2022 after first building a foreign-national mortgage business.
- Raised a $17 million Series A led by M13 in March 2022, bringing publicly announced venture funding at the time to $24 million.
- Processed more than $200 million in applications from 93 countries in 2023, according to Milo.
- Achieved SOC 2 Type II certification in 2024.
- Passed $65 million in crypto-mortgage volume by February 2025.
- Reported more than $100 million in crypto-mortgage originations and a record $12 million single transaction in February 2026.
- Reported zero margin calls across its crypto-mortgage portfolio through February 2026.

## Latest updates

- **2024-04** — Milo announced SOC 2 Type II certification after an examination of its controls.
- **2025-02** — The company reported more than $65 million in crypto-mortgage volume, over $30 million in Bitcoin returned to repaid clients, and no margin calls.
- **2025-06** — Milo promoted a self-custody mortgage structure that lets BTC or ETH count as reserves without transferring the assets.
- **2026-02** — Milo reported more than $100 million in crypto-mortgage originations, including a $12 million transaction, with average rates around 7%.
- **2026-04** — Milo contrasted its established crypto-mortgage record with newly announced Fannie Mae-eligible crypto-collateral products from Better and Coinbase.

## Links

- Website: https://www.milo.io
- LinkedIn: https://www.linkedin.com/company/startmilo
- Twitter/X: https://x.com/MiloCredit
- Instagram: https://www.instagram.com/milocredit
- Facebook: https://www.facebook.com/milocredit

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Profile page: https://yespress.io/milo
Published by YesPress — https://yespress.io
Last updated: 2026-08-22