Fig Invests in Smartr365 FinTech Platform

Leading FinTech innovator Smartr365 are delighted to announce Mayfair-based venture capital investors, Fig, have led a £1m round into their digital platform.

Smartr365 will use the capital to continue development of their industry leading platform designed to help mortgage intermediaries streamline the application process for consumers. The Smartr365 technology platform allows direct submission of applications to lenders, auto case-updates and offer progressions, along with an array of other new tools and technologies; automating the entire mortgage journey from start to finish.

James King from Fig commented: “We are delighted to have invested in Smartr365. Conor understands the problems that Smartr365 can solve as the founder of Capricorn and has built a great team, united in their vision. We have made several investments in financial services and technologies, as a result we follow developments in the market and industry closely; Smartr365 presents a market leading solution that combines the best technology available in one, easy-to-use platform. The proven track record as Capricorn’s in-house platform makes Smartr365 so attractive to brokers and to ourselves as an investment opportunity.’

Smartr365 Conor Murphy CEO said: “Our strength is our diversity and determination to innovate and create.  We are different to every other company in the ‘mortgage-tech’ space right now. Everybody else is either looking to build a new brokerage from scratch, or use technology to create a new network to run themselves. The Smartr365 model is entirely different. We are not building something just for ourselves and nor do we want to tie brokers in to a restricted business model; we simply want to develop the best technology platform possible and make it available to every broker in the UK, with complete freedom to use Smartr365 to fit their own processes – and run their businesses – however they see fit. We see technology as an enabler and we have genuine belief in the existing broker community and their ability to deliver great advice. Our aim is simply to make today’s brokers even more efficient and successful.’