Series B · Fintech · London, United Kingdom · Founded 2020 · 85–85 employees
Tembo Money is a London-based fintech platform focused on making homeownership accessible for first-time buyers through innovative savings and mortgage solutions. The company offers access to over 100 lenders, 10,000 mortgage products and 25 government mortgage schemes, alongside family lending products like Income Boost and Deposit Boost that allow relatives to help without cash lump sums. Since launch, Tembo has helped over 4,000 first-time buyers purchase homes and has 35,000 users signed up for its ISA service. The company recently raised £14m in Series B funding led by Goodwater Capital in November 2024, bringing total funding to over £20m, and has grown rapidly with £3 billion in assets under administration.
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