Eight companies have been announced as winners of the Mortgage Innovation Challenge.
Launched in May and run by Delta Partners, in conjunction with the RDI Hub Killorglin, it aimed to stimulate innovation in the mortgage market in Ireland.
There’s €1 million grant funding to support the eight companies progress their projects.
The companies announced as winners of the initiative are:
-Artificial Intelligence Finance, trading as 'Online Application'– developing a ‘one touch’ mortgage where a single pass at a digital process will create a loan
-Credit Logic – a mortgage lending-as-a-service platform enabling smarter credit processes
-Doddl – a digital mortgage and insurance intermediary
-Geowox – centralised, fast, information rich property valuations, powered by AI
-LendWell – an AI-enabled mortgage origination platform
-Luna Connect - enabling Credit Unions, Banks and Insurers to digitise application and compliance processes with no-code automation and AI
-Stingray Labs – a venture studio with a digital-first conveyancing service
-Vesta Insights – smart mortgage management; anticipating arrears and shaping arrears solutions
