Twenty7tec Company Research Report

Company Overview

• Name: Twenty7tec

• Mission: Transforming financial advice through technology by partnering with businesses of all sizes to simplify, streamline, and digitize financial services.

• Founded: 2014 by its management team in partnership with a technology-focused venture capital firm and Mortgage Advice Bureau.

• Key People:

• James Tucker, CEO

• Paul Motley, CPTO

• Stuart Kirby, Chief Financial Officer

• Nathan Reilly, Director of Customer Relationships & Operations

• Additional leadership roles include roles such as Director of Engineering and Director of Product Delivery, among others.

• Headquarters: 7th Floor, Avalon, Oxford Road, Bournemouth, Dorset BH8 8EZ, UK

• Number of Employees: 130

• Revenue: No information is available.

• Known For: Twenty7tec is a leading B2B fintech company in the UK providing technology for mortgage advisers and lenders, with a growing presence in wealth and protection advice.

Products

1. CloudTwenty7 Platform

• A comprehensive platform combining various systems into one integrated solution.

• High-Level Description: Provides technology solutions for mortgage sourcing, application processes, and data analytics.

• Key Features:

• MortgageSource: A product sourcing system for mortgages, including secured and bridging loans, and equity release products.

• MortgageApply: API-driven system integration for end-to-end intermediary and lender processes.

• SourceInsight: Real-time data analytics platform for analyzing trends in lending requirements.

• CAPTURE Module: Additional integrations with major lenders.

Recent Developments

• New Products/Integration:

• Launched MortgageApply delivering true end-to-end intermediary and lender API-driven system integration.

• Added a new digital marketing platform, COMMUNICATE, aimed at advisers.

• Introduced FINPLAN Home, a new CRM solution for mortgage advisers.

• Features and Expansions:

• Integrated new features into SOURCE and APPLY modules to improve efficiency and speed.

• Expanded the business by acquiring Bluecoat Software, BrokerSense, and Meet Parker, enhancing the wealth management and digital marketing capabilities.

• Partnerships:

• Partnered with major financial institutions like Halifax, Nationwide, Barclays, Virgin Money, and Aldermore for APPLY integrations.

• Collaborated with prominent organizations like LDN Finance and Virgin Money to enhance mortgage application systems.

• Secured a £16.5 million investment from BGF to support expansion goals.

• Strategic Movements:

• Announced expansion into the wealth market and secured additional investments.

• Strategic integrations with ecology-oriented financial entities like Ecology Building Society.

Awards and Recognition

• Awards Received:

• Multiple recognitions as Best Technology Provider from Mortgage Strategy Awards, TMA Club Awards, HLPartnership Awards, and others between 2021 and 2023.

• Innovator of the Year accolades for innovative use of technology in financial services.