Tembo

🏠 Let's make home happen.

General Information
Company Name
Tembo
Founded Year
2020
Location (Offices)
London, United Kingdom +1
Founders / Decision Makers
Number of Employees
103
Industries
Finance, Financial Services, Fintech
Funding Stage
Series B
Social Media

Tembo - Company Profile

Tembo is a UK based fintech startup founded in 2020. The company's mission, as expressed in its slogan "Let's make home happen." is to address the challenges and complexities associated with home buying and remortgaging. With the widening gap between earnings and house prices leading to an entire generation being locked out of the property market, Tembo has positioned itself as an innovative solution bridging this gap. As an award-winning digital mortgage and savings platform, Tembo has gained recognition, being voted the UK's Best Mortgage Broker at the British Bank Awards in 2022, 2023, and 2024. Their approach involves utilizing technology and providing expert advice to assist individuals in maximizing their borrowing potential, with the capability to instantly scan over 100 lenders and 25 specialist buying schemes to increase budgets significantly. In 2024, Tembo expanded its services to include consumer savings products and introduced the market-leading Lifetime ISA, with the aim of aiding first-time buyers in overcoming the challenge of saving a deposit. The company's commitment to innovation and customer-centric solutions has attracted notable investors, with its last Series B investment round in November 2024 securing €16.80M from investors such as Goodwater Capital, Ascension Ventures, Love Ventures, and others. With its authorization and regulation by the Financial Conduct Authority, Tembo's focus on addressing the complexities of the housing and mortgage market, coupled with its innovative and customer-centric approach, positions it as a compelling player in the ever-evolving landscape of financial services and fintech.

Taxonomy: Mortgages, First time buyers, Savings, Lifetime ISA, Remortgage, Insurance & Protection, Mortgage advice

Funding Rounds & Investors of Tembo (6)

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Funding Stage Amount No. Investors Investors Date
Series B €16.80M 5 Aviva, McPike Family Office 29 Nov 2024
Series A £5.00M 4 McPike Global Family Office 27 Apr 2023
Seed Round £2.50M 2 05 Aug 2021
Seed Round Unknown 1 21 Apr 2021
Seed Round Unknown 1 01 Mar 2021

View All 6 Funding Rounds

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