#PropTech / Molo raises £266m in new funding to expand digital mortgage lending

“Molo has reimagined the whole mortgage experience from scratch…”

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The new funding will be used to accelerate the company’s growth through additional online lending and investment in its proprietary technology and new product propositions.

[CEO and Co-Founder:] “Molo has reimagined the whole mortgage experience from scratch; we are applying the convenience and speed of today’s technology for today’s customers. Leveraging instant decisioning and real time data validation, customers can get certainty about their mortgage directly on their mobile, in minutes rather than weeks…”

https://www.altfi.com/article/7121_molo-raises-266m-in-new-funding-to-expand-digital-mortgage-lending