Tembo is an award-winning digital savings and mortgage platform – offering a range of products to help customers find the best way to buy or refinance their home. Tembo combines technology and exceptional customer service to help consumers save for and buy their first home sooner. The brainchild of finance and technology expert Richard Dana, Tembo is backed with investment from Aviva. The Tembo Lifetime ISA was awarded “Best Lifetime ISA” at the Good Money Guide Awards 2023 and “Best Experience Design” at the 11:FS Awards 2023 and voted the UK’s Best Mortgage Broker by its customers at the British Bank Awards four years running (2022, 2023, 2024 and 2025).

Investment rationale

The new funding will be used to expand its app and end-to-end homebuying platform. Tembo is on track to have 20% market share of the UK first-time buyer market within two years.