KBRA Comments on Amendment to Momnt Technologies Trust 2023-1

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On April 19, 2024, Momnt Technologies Trust 2023-1 (“MMNT 2023-1” or the “Trust”), a home improvement loan ABS transaction, was amended to allow for the conveyance of approximately $8.09 million of additional collateral (“Additional Collateral”) into the Trust. Momnt Technologies Inc. (“Momnt” or the “Company”) was founded in 2019 and is a financial technology company headquartered in Atlanta, GA. The Momnt 2023-1 transaction initially closed on December 22, 2023. The