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

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