a year ago

Coadjute Secures £10 Million in Funding Led by Lloyds Banking Group

  • Coadjute, a London-based proptech company, has secured £10 million in funding from three of the UK's largest mortgage lenders: Lloyds Banking Group, Nationwide, and NatWest

  • The round also included investment from proptech platform Rightmove

  • Coadjute's blockchain-based platform connects parties involved in the property transaction process, aiming to streamline the home-buying process

  • The investment will be used to expand Coadjute's offering and roll out to more home movers and professionals in the UK.

      • ProblemTechnology

      "The process of buying and selling a home in the UK is slow, complex, and prone to errors. This can be frustrating and stressful for everyone involved, from buyers and sellers to estate agents, conveyancers, and mortgage lenders."

      Solution

      "Coadjute has developed a blockchain-based platform that connects all parties involved in a property transaction, allowing them to track the progress of the sale in real-time. This makes the process more efficient, transparent, and secure, reducing the risk of errors and delays."

      Covered on