7 years ago

Molo Finance Secures £3.7M Seed Funding to Revolutionize UK Mortgages

  • Molo Finance, a UK-based fintech startup, has raised £3.7 million in seed funding led by Ubon Partners

  • The company plans to use the funds to launch its digital mortgage solutions in the UK market in the summer of 2018

  • Molo Finance aims to modernize the mortgage industry by providing a fully digital solution for investors, homeowners, and new buyers

  • The company is currently focusing on Buy To Let products and is seeking regulatory approval to expand its product range to include residential mortgages.

      • ProblemFinancial Services

      "The outdated mortgage industry in the UK is not meeting the needs of investors, homeowners, and new buyers, leading to inefficiencies and lack of flexibility."

      Solution

      "Molo Finance offers a fully digital mortgage solution that aims to transform the UK mortgage industry by providing a more efficient and flexible process for investors, homeowners, and new buyers."

      Covered on