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Johannesburg-based fintech startup Mortgage Market has been nominated in the prestigious 2021 African Banker Award under the category of “Innovation in Financial Services Award”.
Mortgage Market has been nominated in the prestigious 2021 African Banker Award
As the only South African company nominated under the category of “Innovation in Financial Services Award”, The fast-growing local fintech has been nominated for its innovative financial offering showcased in its online marketplace for home loans. The awards will take place on 23 June 2021 with the judging panel consisting of banking experts from all African regions.
Tim Akinnusi, co-founder and CEO of MortgageMarket.co.za regards this nomination as a nod to the company’s vision of simplifying the process of getting a home loan quote through innovative technology and intelligent use of data.
“Acquiring a home has always been regarded as a tedious process and our mission has always been making this process as painless as possible through increased automation, lean operating model, and our commitment to a shared value model. Our goal has always been about service and education to clients which includes negotiating the best home loan deal to suit their needs.”
Mortgage Market is a fintech startup that has created an online marketplace for home loans. Users are able to access a home loan easily via its online platform.
The fintech claims to pay out R5000 in cash for every approved application and has paid over R1-million in cash since its official launch in 2020.
The fintech startup is run on the basis of a shared-value model with the aim of ensuring that customers are provided the best home loan on the market. In addition, the startup has developed a home loan pre-approval tech capability that provides users with access to a free credit and affordability assessment. This additional feature provides users with accurate knowledge of their buying potential and finances.
“The success of MortgageMarket.co.za so far can be attributed to its uncompromising investment in technology and its dedication to seamless and efficient service. Its clientele ranges from individual home loan shoppers to high-end developers. “We believe customers are ready to embrace the choice, convenience, transparency, and control our offering presents,” concludes Akinnusi.
Featured image: Tim Akinnusi, co-founder of Mortgage Market (Supplied)