RVU Announces Closing Acquisition of Mojo Mortgages

  • Lending
  • 02.12.2021 01:00 pm

RVU, owner of Uswitch, Confused.com and Money.co.uk, has completed the previously announced agreement to buy Manchester-based Mojo mortgages.

Mojo, is a free online mortgage broker, delivering personalised mortgage recommendations through a hybrid of smart tech and human mortgage experts. The growing company of over 60 employees recently reaffirmed its commitment to the North West by relocating to Manchester city centre, while continuing to hire mortgage advisers on a remote basis across the UK.

RVU operates digital brands that empower people to make confident decisions. In the UK these include Uswitch, Confused.com and Money.co.uk, all of which offer consumers the ability to compare and switch across a range of utilities and financial services products including mortgages. 

Tariq Syed, CEO of RVU, said: “This is a win for the millions of mortgage seekers who are coming to us for help. Our combined scale alongside the expertise Mojo brings will allow us to have a hugely positive impact on this market, and those dreaming of owning their own home.

“To date, RVU has been instrumental in revolutionising the process of buying car insurance and switching energy. Now, moving our attention to mortgages - a market left largely undisrupted, we will get to work on improving their mortgage experience from start to finish. With best in class sector expertise, will make mortgages fit for the 21st century, empowering consumers to find and secure the right deal for their needs.”

For additional details on the transaction, please refer to the press release distributed by RVU in July 2021

 

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