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 creating AI-driven sourcing options.
As a part of the merger, considered one of its founder members Dave Rogers joined the administration workforce 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 concentrate on the rising second cost mortgage market, coupled with its skilled administration workforce, “makes it a extremely enticing acquisition”.
Believe Money chief govt Ryan Wagstaff will proceed to guide the enterprise alongside chief business and advertising and marketing officer Ian Johnson and Dave Rogers, working carefully with the Pivotal Growth workforce to drive the subsequent section of growth.
Pivotal Growth group chief govt 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 neighborhood and introducer companions.”
“The workforce has achieved vital development pushed by relentless concentrate on enhancing the shopper journey via state-of-the-art expertise it has developed internally. We are completely thrilled to associate with Ryan, Ian, and Dave to drive Believe Money’s development and to discover the potential of those applied sciences throughout the group.”
Wagstaff provides: “We are thrilled to hitch 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 perfect associate to assist Believe Money’s long-term success.”
“The extra energy and assets this acquisition brings permit us to stay centered on driving sustainable development throughout Believe. Together, we’re constructing on robust foundations and unlocking new alternatives for our devoted workforce, valued shoppers, and trusted companions.”
