The Tipton and Coseley Building Society taps Mast to power mortgage operations
The Tipton, which lent £116 million in mortgages last year, will use the platform to modernise its mortgage processes.
Mortgage
News, intelligence and resources on the global fintech industry including topics such as mortgage.
Chorley Building Society in front-to-back office tech overhaul with TCS
Chorley Building Society will implement the TCS Bancs core banking system.
Finova names Paraag Davé as CEO and Rowan Clayton as new CPO
Finova was acquired by Bain Capital Tech Opportunities (BCTO) in August.
UK specialist mortgage lender Vida Homeloans secures full banking licence, rebrands as Vida Bank
Vida Bank will operate as a specialist mortgage bank offering residential and buy-to-let mortgages.
FinTech Futures: Top five news stories of the week – 29 November 2024
Our pick of the top fintech news stories this week includes HSBC, Garanti BBVA, Monzo and more.
ICYMI fintech funding round-up: Habitto, Norbr, Tembo, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Revolut unveils 2025 product vision, including mortgages, an AI assistant, and branded ATMs
Revolut Business will also introduce its first business credit product in Europe next year.
Finova launches Finova Broker for the UK intermediary sector
Finova Broker builds on the Mortgage Keeper CRM solution, provided by Finova’s business formerly known as eKeeper.
Mesa debuts homeowners credit card, offering rewards on mortgage and home expenses
The card allows customers to earn ‘Mesa Points’ on mortgage repayments and home-related purchases.
Afin Bank partners with Thought Machine and Vacuumlabs to power digital launch
Last week, Afin Bank obtained an Authorisation with Restrictions (AwR) banking licence.
FinTech Futures: Top five news stories of the week – 25 October 2024
Our pick of the top fintech news stories this week includes Afin Bank, Zip, Socure and more.
Afin Bank lands AwR banking licence, plots 2025 launch of mortgage offering for UK’s African diaspora
Afin Bank has now entered the mobilisation stage and plans to begin lending next year.
LendInvest renews £300m warehouse financing deal with HSBC, Barclays, and BNP Paribas
In September, LendInvest also increased its funding agreement with JP Morgan by £500 million.
September 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over September.
ICYMI fintech funding round-up: Outgo, Mifundo, Mesa, Simpler, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
September 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
Chetwood Financial’s co-founder and CEO Andy Mielczarek to step down
Former JN Bank CEO Paul Noble has been unveiled as Mielczarek’s successor.
New UK lender Interbridge Mortgages taps Mambu for retail mortgages solution
Founded last year and headquartered in Cardiff, Interbridge Mortgages is a second charge mortgage lender.
Uday Bola joins Target Group as new head of solution design
Before joining Target, Bola was a lending transformation consultant at Penrith Building Society.
LendInvest extends JP Morgan debt financing agreement to £1.5bn
LendInvest now claims £4.55 billion in funds under management.
Mansfield Building Society in core banking tech overhaul with TCS
Mansfield has selected the vendor’s TCS Bancs and Digital Home Lending solutions.
Mortgage tech firm Twenty7tec plots UK expansion and acquisitions with £16.5m BGF investment
BGF has appointed Angela Williams and Duncan Wade to the Twenty7tec board.
Home equity fintech Unlock bags $30m Series B funding
The start-up has also secured a $250 million capital commitment from D2 to support its origination growth.
Demystify Podcast: Demystifying the home-buying process with Ziad Nassar of Huspy
In this podcast episode, Dave chats with Ziad Nassar of Huspy, a Dubai-based real estate platform.
Selina Finance signs five-year mortgage servicing agreement with Phoebus Software
The London-based lender will leverage Phoebus’ tech to service homeowner and HELOC loans.
Bilt Rewards elevates valuation to $3.25bn with new $150m investment
This raise follows Bilt’s $200 million funding in January, which valued the company at $3.1 billion.
Bain Capital completes deals to acquire Finova and Iress’ UK mortgages business
Under BCTO’s ownership, the two entities will merge to become a single combined business.
FinTech Futures: Top five news stories of the week – 2 August 2024
Our pick of the top fintech news stories this week includes Renasant Corporation, Stripe, ING and more.
NatWest to acquire £2.5bn in prime UK residential mortgages from Metro Bank
Metro Bank is also set to withdraw credit cards from its product range.
New wealthtech start-up Waltz launches US real estate investment platform
The start-up enables foreign investors to invest in and purchase US residential real estate.
Pennsylvania’s Sagent appoints Jaime Gow as new CFO
Gow will work out of Sagent’s major US tech hub in Dallas, Texas.
Islamic finance start-up Ethos taps Thought Machine for core banking tech
The start-up will leverage the partnership to launch deposit accounts and home purchase plan mortgage services.
Leadership change at Phoebus Software as long-standing exec Paul Hunt steps down
Chief revenue officer Adam Oldfield has been promoted to the managing director role.
Atom Bank’s operating profit climbs 600% after “best year yet”
The UK challenger recorded an operating profit of £27 million last year.
Earl Shilton Building Society hires Natalie Balderson as transformation change manager
Balderson will work to “strengthen digital options” for the building society’s 14,000-plus members.
UK challenger Chetwood Financial acquires lender CHL Mortgages for Intermediaries
Chetwood states that the purchase will complement its forthcoming ModaMortgages proposition.
How UK building societies are finding balance amid the rise of digital
It’s estimated that the UK’s 43 active building societies serve approximately 26 million people.
Suffolk Building Society taps Finova to power mortgage offering
The mutual is to integrate Finova’s Apprivo mortgage originations banking platform.
Ecology Building Society set for 2025 core banking overhaul with Monument Technology
Ecology Building Society says technology modernisation will help “attract future customers at pace and scale”.
Nottingham Building Society taps Nova Credit to expand mortgage range
Nova Credit’s tech enables foreign nationals in the UK to utilise their overseas credit history for mortgages.
