You are here: Home - News -

Moneysupermarket launches fintech for ‘digitisation of mortgages’

  • 19/07/2018
  • 0
Moneysupermarket launches fintech for ‘digitisation of mortgages’
Moneysupermarket is creating a new mortgage comparison tool to help borrowers find home loans online as part of its “digitisation of mortgages” .



The comparison site revealed in its interim results a partnership with the founders of Experian-owned HD Partners to develop the mortgage fintech Podium, which will be focused on the digitisation of mortgages.

Through the tool people will be able to compare and take out a mortgage online without going via a broker.

Under the model, Moneysupermarket would be paid a fee by the lender when the application goes through.

The project is part of the group’s ‘reinvent’ strategy which is aimed at using new technology to provide market growth.

HD Partners provides technology that can profile prospective consumers in seconds to match them with credit products they will be accepted for.

The company is working to adapt this technology to mortgages to help borrowers find out faster which lenders will lend to them and how much they can borrow.

There is not yet a launch date for Podium.


‘Easier way to arrange a mortgage’

Mark Lewis, chief executive of Moneysupermarket Group, said: “We all know finding a better mortgage is complicated.

“We said we would do something about this and today we announce Podium, a new mortgage fintech, to build a comparison tool to bring customers the digitisation of mortgages – an easier and better way to arrange the mortgage that suits them.”

The comparison site today announced a 5% annual growth in profits after tax and revenue in the six months to the end of June 2018.

As part of Moneysupermarket’s reinvent strategy, the site is also building an app to help users save money on household bills in one place.

The company also plans to update its price comparison service for mobile phone users.

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
Brokers confident about prospects in second half of 2018

Almost half of brokers expect to complete more business in the second half of 2018 than they managed in the...