6 years ago

Mojo Mortgages Raises £7 Million in Series A Funding

  • Mojo Mortgages, an online mortgage broker based in Manchester, UK, has secured £7 million in Series A funding

  • The funding round was led by NVM Private Equity and Maven Capital Partners

  • The company will use the funds to continue its growth and innovation efforts

  • Launched one year ago, Mojo provides customers with algorithm-powered mortgage recommendations from more than 90 lenders and offers free advice on their best option in 15 minutes before handling the entire application on their behalf

  • The company's recommendations give customers more certainty around eligibility and ensures they get the cheapest deal now and in the future.

      • ProblemFinancial Services

      "making it difficult for customers to find the best mortgage option due to the complexity of the process and lack of transparency"

      Solution

      "algorithm-powered mortgage recommendations from over 90 lenders, free advice on best option in 15 minutes, and end-to-end automated decisioning"

      Covered on