6 years ago
Acre Software Secures £5 Million to Revolutionize Mortgages with Blockchain
Acre Software, a London-based mortgage, protection and general insurance platform, has raised £5 million in funding from Aviva and Sesame Bankhall Group
The company plans to use the funds to expand its team and further develop its blockchain-powered platform, which aims to simplify the mortgage application process by bringing together all relevant data in one secure record.
ProblemFinancial Services
"Getting a mortgage is a complex and time-consuming process, often involving multiple parties and a lot of paperwork. This can lead to delays, errors, and frustration for both borrowers and lenders."
Solution
"Acre's platform uses blockchain technology to streamline the mortgage application process, making it faster, more efficient, and more secure. By bringing together all the relevant data and documents in one place, Acre reduces the risk of errors and fraud, and provides a transparent and auditable record of the transaction."
