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Trussle partners with challenger bank

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  • 19/04/2017
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Trussle partners with challenger bank
Online broker Trussle has formed a partnership with challenger bank Revolut.

Revolut launched 18 months ago and allows users to set up a bank account quickly online, as well as transfer money in various currencies around the world. It has around 360,000 UK-based customers.

Users will now be able to access Trussle’s broking service via the home screen of the Revolut app.

Borrowers will be sent notifications via the Revolut app when it may be worth looking at switching to a new mortgage. Revolut users will get £50 or £125 cashback for each mortgage transaction submitted, depending on their level of membership.

In February Trussle confirmed it had received £4.5m backing from a clutch of fintech investors. It currently manages more than £1bn of mortgages, and has already partnered with property sites Zoopla and HouseSimple, credit rating site Noddle and price comparison site uSwitch to drive enquiries.

Ishaan Malhi, CEO and founder of Trussle, said: “We’re delighted to partner with Revolut who, like us, believe that technology can be used to drastically improve the financial wellbeing of millions of people. From today, Revolut customers will be able to manage their mortgage commitments seamlessly through one app, knowing that they’ll always be on the most suitable mortgage deal for them.”

Earlier this year Mortgage Solutions went behind the scenes at Trussle to find out more about how the firm is looking to do things differently.

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