The UK mortgage technology firm is a cloud-native platform, and its new initiative will support diversity and inclusion (D&I) within the financial services sector.
Mortgage Magic is offering the 90% discount to help lower the barrier to entry for enterprise-grade technology, aiding underrepresented business leaders in scaling their operations and ability to compete more effectively in the UK mortgage market.
Tanjir Sugar (pictured), CEO of Mortgage Magic, said: “The mortgage industry benefits immensely from diverse leadership and inclusive teams.
“Enterprise-grade technology is a significant investment for growing firms. By fundamentally reducing the cost of our most advanced software package, we want to empower women- and LGBTQ+-led businesses to scale, compete, and deliver exceptional advice without the financial friction of expensive enterprise software.”
The back-office Prometheus platform is designed to combine end-to-end case management with CRM and artificial intelligence (AI)-powered mortgage and protection sourcing. It eliminates the requirement for manual data rekeying and streamlines broker workflows from the initial fact find all the way through to completion.
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To qualify for the discounted subscription, the business must be led by women or members of the LGBTQ+ community, and the company’s workforce must comprise at least 90% women. Eligible brokerages can apply for the discounted subscription by contacting the Mortgage Magic team directly and will be subject to verification of the leadership and workforce composition.