Experian, the global data and technology company, has agreed a multi-year exclusive partnership with Haysto and its brand Picnic.
The deal will see Experian’s data and analytics integrated into Haysto’s digital mortgage technology.
The aim is to help people make better decisions, improve mortgage eligibility and find the right deals.
The partnership will make digital mortgage services available to 15 million UK customers through the Experian consumer services marketplace.
The service is designed to give personalised support to a wide range of customers, from first-time buyers to those with complicated finances.
Experian and Haysto are also working together on the Mortgage Co-Pilot, a digital tool that will provide real-time insights to help buyers monitor and improve their mortgage options.
Haysto will focus on supporting customers with impaired credit, self-employment or complex incomes.
Picnic will offer the digital mortgage service to all customers, so everyone can access fairer mortgage options.
Edu Castro, managing director of Experian consumer services, UK&I, said: “By coupling Experian’s unrivalled data, analytics, and technology platforms with Haysto’s digital expertise, we are not only breaking down barriers to homeownership but also ensuring that customers receive tailored guidance and support every step of the way.
“This partnership reflects our ongoing commitment to helping people make smarter money moves, helping to drive better financial outcomes and supporting even more people in accessing the mortgages that are right for them.”
Jonny Moulton, CEO of Haysto, said: “Our mission has always been about more than mortgages – it’s about financial empowerment and inclusion.
“With Experian’s world-leading data and technology, and Haysto’s platform spanning eligibility, decisioning and automation, we can bring transformative solutions to market at pace.
“The commitment from both sides is clear – and we’re thrilled to be embarking on this journey to empower millions of people to achieve their dream of homeownership.”
