Pivotal Growth has acquired Believe Money Group, a tech-driven mortgage dealer within the UK.
Believe Money was based by Ryan Wagstaff and Ian Johnson in 2017.
The dealer has grown within the second cost mortgage market since then and can be supplier of different monetary merchandise together with unsecured lending, business and bridging finance, and safety insurance coverage.
In 2019, the enterprise merged with Click Tech, a fintech firm growing AI-driven sourcing options.
As a part of the merger, one in all its founder members Dave Rogers joined the administration staff as chief expertise officer.
It additionally offered Believe Money with an AI-powered CRM platform that has streamlined its buyer journey and has seamlessly built-in with lenders and introducer companions.
Pivotal says that Believe Money’s strategic deal with the rising second cost mortgage market, coupled with its skilled administration staff, “makes it a extremely engaging acquisition”.
Believe Money chief government Ryan Wagstaff will proceed to steer the enterprise alongside chief business and advertising officer Ian Johnson and Dave Rogers, working intently with the Pivotal Growth staff to drive the subsequent part of growth.
Pivotal Growth group chief government Mayank Prakash says: “Believe Money is an distinctive enterprise that may be a true chief within the second cost mortgage area and well-respected by the lender group and introducer companions.”
“The staff has achieved vital progress pushed by relentless deal with bettering the shopper journey by way of state-of-the-art expertise it has developed internally. We are completely thrilled to companion with Ryan, Ian, and Dave to drive Believe Money’s progress and to discover the potential of those applied sciences throughout the group.”
Wagstaff provides: “We are thrilled to affix Pivotal Growth as Believe Money enters the subsequent chapter of its journey. With a shared dedication to innovation and expertise, we see Pivotal Growth as the best companion to help Believe Money’s long-term success.”
“The further energy and sources this acquisition brings permit us to stay targeted on driving sustainable progress throughout Believe. Together, we’re constructing on sturdy foundations and unlocking new alternatives for our devoted staff, valued purchasers, and trusted companions.”
