London-based online mortgage broker Trussle has raised £7.5m in funding.
The investment includes funding from a new investor, the Dutch-based Rabo Frontier Ventures (RFV), alongside existing investors, Goldman Sachs Merchant Banking Division, Finch Capital and San Francisco-based Propel Venture partners.
Harrie Vollaard, head of Rabo Frontier Ventures, said: “The slow-moving and complex mortgage market is one of the biggest pain points of owning a home.
“Trussle is leading the way in reshaping the way people interact with their mortgage by utilising technology to make mortgages smarter, faster and fairer.
“We’re looking forward to working closely with Trussle on the next phase of their journey to redesign the mortgage application process, as well as additional services to better support their customers through the home ownership journey.”
Rabo Frontier Ventures, an €150m investment fund of Rabobank, focuses globally on innovative fintech and agtech companies, and has invested in other fintechs including Tide and Peaks.
Since 2016, Trussle has attracted £26.7m in funding.
