Molo is the first fully digital mortgage lender in the UK.
Sector: PropTech / FinTech
Founder: Francesca Carlesi
HQ in: London, UK
Founded in: 2017
Invested in: 2020
Website: molofinance.com
Molo is the UK’s first, fully-digital mortgage lender

Molo was born in the summer of 2017, when the CEO and Co-founder, Francesca, started looking for a mortgage and realized how slow the whole process was – with heavy reliance on manual, paper-based processes, long decision times and a fragmented value chain. Molo is the UK’s first, fully-digital mortgage lender – that means Molo is the first player to offer mortgages underwritten fully online. The company is using the power of technology to make real-time lending decisions via a digital, seamless and transparent journey to give customers quicker answers, and a better overall experience.

“Molo exists solely to fix what is fundamentally broken in the mortgage market: cumbersome, inefficient, and slow processes become fast, real-time decisions; a lack of transparency and waiting weeks, only to find out you haven’t been approved, becomes transparency of eligibility and decisioning; and layers of cost and tricky incentives becomes fair value, with low fees and no hidden charges.”

Francesca Carlesi

CEO & Co-founder

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England, United Kingdom
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England, United Kingdom
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London, England, United Kingdom
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England, United Kingdom
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