Smartr365, the end-to-end mortgage and protection platform backed by Legal & General, has announced that it supports over 3,500 users, following growth of more than 500% in 2021.
This marks a new record for the platform which connects advisors, introducers and homebuyers to deliver the industry’s best digital mortgage journey.
The platform is set to evolve throughout 2022 through a range of partnerships, feature releases and updates. As such, Smartr365 expects to welcome its 8000th user by the end of the year.
This continued growth follows the announcement that Smartr365 had reached the 2,000 user milestone in July 2021. The platform ended the year with over 800 contracts, following annual growth of 103% in this area, with a high level of growth being attributed to its recent partnership with Sesame Bankhall Group.
Recent improvements to the platform, which have driven user growth in H2 2021, include integrations with TSB, Aldermore, Leeds Building Society and Accord Mortgages via Iress Lender Connect, and a partnership with Experian to transform the credit-checking process through open banking.
Conor Murphy, founder and CEO, Smartr365 and Capricorn Financial Consultancy, said: “At Smartr365, we are ripping up the idea of ‘business as usual’ to create a slicker, stronger and safer mortgage journey for all to enjoy.
“Our user base grew by 500% in 2021 alone – this fast growth is testament to advisers’ demand for change. Demand for mortgages is fairly inelastic, but the way we deliver them is not – it can and should develop.
“We look forward to welcoming our 8000th user by the end of the year, alongside some of the biggest names in the industry as part of our bid to revolutionise the homebuying process.”
