BOMADU

BOMADU is a startup with a mission to "Making homeownership a reality for First Time Buyers." Founded in 2019 and headquartered in the United Kingdom, BOMADU aims to facilitate homeownership for young individuals by providing smart and ethical home loan deposits. The company offers a unique financial service, enabling first-time buyers to bridge the gap between the price of their chosen property and their mortgage offer while still saving. BOMADU positions itself as a modern alternative to the traditional Bank of Mum and Dad, offering innovative, customer-focused models. It provides access to 100% deposit loan finance and integrates AI into its current accounts to assist customers in overcoming savings challenges and optimizing their financial situation. The latest investment in BOMADU came from Fintech Wales Foundry in the form of Non-Equity Assistance investment on 13 January 2022. The company operates in the Financial Services, Fintech, Lending and Investments, Real Estate, and Banking industries. As BOMADU works towards democratizing homeownership, it invites potential customers to pre-register on their website for the upcoming launch, presenting an opportunity for individuals to realize their homeownership dreams.