Tembo (Series B)
Funding Details
- Awarder
- Inbox
- Date Award
- December 02, 2024
- Vertical
- FinTech
- Funding URL
- View Funding Page
- Funding Amount:
- $17,500,000
Company Info
- Founding Year
- 2020
- Traction
- Tembo has helped over 4,000 first-time buyers purchase their first home in the last year and supported 35,000 future homeowners in starting to save for deposits through its Lifetime ISA.
- Founders
- Richard Dana, Eddie Ross, Geoff Wright
- Company Description
- Tembo is a digital savings and mortgage platform that aims to increase access to homeownership for first-time buyers and those facing affordability challenges. The company offers an instant comparison of affordability and costs for various purchasing options and government schemes, simplifying the home-buying or remortgaging process.
- Market
- Homeownership and Mortgage Solutions
- Location
- London, United Kingdom
- Coinvestors
- Aviva, Ascension Ventures, Love Ventures, McPike Family Office