Menu visibility control

Video

Events

Startup Surgery

Most Recent

FinTech

London FinTech Aire raises $5m Series A from Sunstone Capital and White Star Capital

Sponsored

Tech Chats: EY’s Daniel Lyons on how tech is revolutionising transport

Investments

London machine learning startup Sportr closes $350k Seed round

Press Releases

GreenKey Technologies and Red Box Recorders partner to launch integrated trading voice collaboration and compliance recording solution
Leading light in British HealthTech, Network Locum, rebrands to Lantum
SteelEye announces regulatory tech specialist Matt Smith as CEO

Surrey-based MortgageGym tops up Seed with £500,000

twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

FinTech startup MortgageGym has topped up its £2m Seed with an additional £500,000 investment from the former COO at Deutsche Bank.

Founded in 2016, MortgageGym previously drew support from China Pacific Capital, Gaby Salem and Trifecta Capital.

As a result of his personal investment, Henry Ritchotte will be joining the firm as an advisor.

500 Startups’ Dave McClure resigns over sexual harassment claims, Amazon’s underwater warehouse plans and more in The Week in Tech

Ritchotte spoke about his involvement with the company: “I am very excited to be joining MortgageGym ahead of its official launch this summer when it will, no doubt, revolutionise the mortgage market with the introduction of the first, digital mortgage marketplace for UK consumers.

“I am keen to support ambitious young firms focused on transforming the delivery of financial products in a disruptive regulatory and technology environment. MortgageGym has been carefully designed in consultation with regulators, consumers, lenders and intermediaries to ensure that it provides mortgage applicants with peace of mind by advising them on mortgages that they can realistically afford.

“Not only will it make the application process easier for users, but it will also help those who couldn’t get a deal previously to secure a mortgage perfectly suited to their income level.”

John Ingram, founder and CEO of MortgageGym, said he was delighted to welcome Ritchotte on board.

“MortgageGym is intent on revolutionising the mortgage market through a completely digital, whole-of-market, free and accurate application process, which is a first of its kind. Henry’s investment into the business confirms his confidence in MortgageGym’s ability to achieve this goal.”

The news comes after fellow FinTech firm and online mortgage advisor Habito, closed a £5.5m Series A led by Silicon Valley-based VC Ribbit Capital.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

Aire Team picture June 2017_9

London FinTech Aire raises $5m Series A from Sunstone Capital and White Star Capital
posted 3 hours ago

Tech Chats June - digital mobility

Tech Chats: EY’s Daniel Lyons on how tech is revolutionising transport
posted 4 hours ago

mobile phone

London machine learning startup Sportr closes $350k Seed round
posted 6 hours ago

The Week in Tech

A $170m tech fund, a drowning robot and more in The Week in Tech
posted 10 hours ago

Graphcore founders Nigel Toon CEO (right) & Simon Knowles CTO (left)

Bristol-based Graphcore raises $30m from backers including DeepMind co-founder and Atomico
posted 24 hours ago

UK accounted for nearly ‘40% of European VC funding rounds in Q2 2017’
posted on July 20, 2017