UK proptech disruption is full swing! Another Mortgage Advisory disruptor.
The FCA-authorised service, which is set to change the nature of mortgage advice in the UK, will allow homebuyers to complete their mortgage application online in 15 minutes through a free, hybrid advice website offering mortgage eligibility matching within 60 seconds, regulated robo-advice and access to live advisors. MortgageGym has raised over £1.3m in cash and the balance in technology development finance through deals with three seasoned fintech investors; • Gaby Salem, of Wharton Asset Management, a London-based private family office with a diversified private equity and venture capital portfolio with investments in infrastructure, energy, technology, consumer goods and biotechnology. • China Pacific Capital, a Hong Kong based venture capital fund • Trifecta Capital, a venture capital firm specialising in providing structured finance to develop emerging technology and business process outsourcing.