UK specialist lender Connect makes new senior hires for “ambitious growth”
Founder and CEO Liz Syms says the new hires will help deliver on Connect’s “ambitious plans”.
Mortgage
Mortgage tech firm Twenty7tec acquires Broker Sense and Meet Parker
The deals follow Twenty7tec’s acquisition of fellow UK fintech Bluecoat Software in June last year.
Webinar: Digital lending 2.0 – fulfilling new customer expectations through technology
Rocket Mortgage, Five Star, Salesforce discuss how technology can help address the challenges lenders face.
White paper: How mortgage-as-a-service levels the playing field for minority and first-time homeowners
How industry leaders leverage mortgage-as-a-service to increase minority and first-time homeownership.
Fintech mortgage lender Gen H secures £600m partnership with The Nottingham
The funding will enable Gen H to speed up the rollout of its mortgage products.
MeridianLink acquires mortgage software solutions provider OpenClose
MeridianLink says the deal will enable their customers “to deliver fast, frictionless mortgage lending experiences”.
US real estate platform Prevu buys mortgage tech from shuttered Reali
With the acquisition, Prevu aims to expand its digital buying platform to include mortgage services.
Nottingham Building Society hires first chief technology and transformation officer
Paul Howley joins from Yorkshire Building Society, where he was interim chief operating officer.
Danske Bank UK appoints Martin Stewart as new board chair
Stewart will replace current chair Gerald Gregory, who will leave the bank after nine years on the board.
ICYMI fintech funding round-up: Ordo, Plum, Maplerad and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Santander UK launches in-app service to help customers manage their home
The new service allows users to view home value estimates, mortgage balance, EPC ratings and make home repairs.
New fintech start-up Five FS launches in the UAE and KSA markets
The start-up has officially launched in the UAE and Saudi Arabian markets.
Fintech mortgage lender Perenna lands $30m Series A from IAG Silverstripe
CEO Arjan Verbeek says the investment is “an endorsement of our mission to offer consumer-friendly mortgages”.
New challenger bank in the UK – StreamBank
StreamBank intends to be a partner for property professionals looking for bridging or development finance.
Europe fintech funding round-up: Justhome, Ryft and SageWealth
A fintech funding round-up featuring three start-ups from Europe.
How mortgage lenders can unlock data and help bridge the housing gap
A borrower’s credit score is now one of their largest barriers to securing a home loan.
Two new mortgage start-ups launching in Latin America – Toperty and Saturn5
Toperty is based in Colombia and Saturn5 is based in Mexico City.
UK mortgage lender Perenna obtains banking licence
Perenna intends to offer long-term fixed rate mortgages in the near future.
P2P lender Assetz Capital agrees £200m funding partnership with Aeon
Over the next three years, Aeon will pour the cash into SME loans arranged by Assetz Capital.
Mansfield Building Society partners DirectID to streamline mortgage applications
Mortgage applicants can now securely provide their bank statements online via open banking.
New bank for public sector workers set to launch next year in the UK
The aspiring bank aims to submit its banking authorisation application by the end of this year.
European proptech Casavo secures €400m in equity and debt funding
The Series D equity raise, led by Exor, represents Europe’s largest proptech financing to date, Casavo says.
Europe fintech funding round-up: Quartr, ID-Pal, Oper and Fuell
Our weekly fintech round-up for you to get the latest funding news from around Europe.
Banking Tech Awards USA 2022 Winner: Freddie Mac – Best UX/CX in Finance Initiative
Get Clarity into mortgage credit risk investing through Freddie Mac.
UK start-up StrideUp in £280m funding deal for new mortgage plan
It has also entered a strategic partnership with ARA Venn, a real-estate debt investment manager.
UK neolender Proportunity set to launch zero deposit mortgage product
The announcement was made as part of its crowdfunding campaign with Seedrs.
US proptech HomeLight acquires Accept, raises $115m at $1.7bn valuation
The acquisition of Accept will make HomeLight the largest agent-focused cash offer programme in the country.
CBA’s new digital mortgage brand, Unloan, underpinned by Mambu’s tech
CBA positions Unloan as “a revolutionary force in the Australian mortgage industry”.
Mortgage tech firm Twenty7Tec takes over Bluecoat Software
The acquisition is “set to revolutionise both the wealth and mortgage technology markets”, the firms say.
UK challenger Atom hires Andy Sturrock as CTO
Atom Bank’s new CTO wants to take the bank’s technology “to the next level”.
New UK start-up Keyzy gears up for launch with rent-to-own solution
The firm promises hopeful homeowners the ability to “move in now, buy later”.
ICYMI fintech funding round-up: Archie, Dapio, Finary, Jia Finance, & Zimpler
Our weekly fintech round-up for you to get the latest funding news from around the world.
UK fintech funding round-up: Answer Pay, ScribeStar, SimplyPayMe, Smartr365, & Versori
A handy round-up of the recent funding endeavours of UK-based fintechs.
Together in core banking tech revamp with Thought Machine
The Vault core banking system will be the “foundation layer” for Together’s new technology stack.
Wolters Kluwer acquires International Document Services in $70m deal
IDS is expected to generate revenues worth approximately $15 million in 2022.
Property lender Better.com lays off more than 3,000 staff in fresh cuts
The announcement was made by the company’s interim president Kevin Ryan via an e-mail to affected staff.
Tinkoff Bank launches Russia’s first fully digital mortgage; plans Philippines expansion
“The refinancing and lending process will be extremely simple and 100% digital,” Tinkoff states.
UK challenger bank Atom raises £75m as it heads toward IPO
The UK’s first app-based bank has raised more than £75m in new equity priced at 70p per share.
Rob Regan joins Hodge as new COO
Regan moves from digital savings, pensions and investment firm Ascentric, where he was CEO.
Suffolk Building Society signs for TruNarrative’s regtech
TruNarrative’s technology will digitise mortgage customer onboarding and help prevent financial crime.
