Molo

We’re Molo, and we make buying a house easier with fast and fully digital mortgages that are paperless and hassle-free.

General Information
Company Name
Molo
Founded Year
2018
Location (Offices)
London, United Kingdom +1
Founders / Decision Makers
Number of Employees
53
Industries
AI, Analytics, Financial Services +3
Funding Stage
Debt Financing
Social Media

Molo - Company Profile

Molo is a London based FinTech startup founded in 2016 that aims to revolutionize the mortgage industry. The company's slogan, "We’re Molo, and we make buying a house easier with fast and fully digital mortgages that are paperless and hassle-free," encapsulates their commitment to simplifying the mortgage process using innovative technology.

Molo's tech-enabled platform offers customers a seamless experience, allowing them to obtain instant mortgage loan approvals through a fully digital, 100% compliant online process. The company's approach eliminates the need for paper forms, manual review steps, and the involvement of traditional brokers, large banks, or lenders. Their focus on leveraging AI and analytics reflects their dedication to providing a modern and efficient solution for real estate financing.

The company recently secured a significant £6.60M Series A investment on 05 October 2020, with participation from prominent investors including Yabeo, Macquarie Group, GPS Ventures, Andenes Investments, and Patron Capital Partners. This investment is a testament to the confidence that leading investors have in Molo's vision and potential for redefining the mortgage landscape.

With its unwavering focus on leveraging technology to simplify and enhance the mortgage process, Molo is well-positioned to disrupt the real estate and financial services industries, offering a promising prospect for future growth and expansion.

Taxonomy: Mortgages, FinTech, Digital Lender, Tech-Enabled Platform, Paperless Mortgages, AI Technology, London Start-up, Data Validation, Instant Approval, Direct-to-Consumer, Real-time Decision-making

Funding Rounds & Investors of Molo (4)

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Funding Stage Amount No. Investors Investors Date
Series A £6.60M 5 GPS Ventures, Andenes Investments +1 05 Oct 2020
Debt Financing £250.00M 2 Macquarie Bank, Patron Capital Partners 05 Oct 2020
Series A £10.00M - 11 Jan 2020
Seed Round £3.70M 1 05 Jun 2018

Latest News of Molo

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No recent news or press coverage available for Molo.

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