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- Multiply Mortgage bags $23.5M
Multiply Mortgage bags $23.5M
PLUS: Andy Smart becomes Monzo’s CPO
Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
Andy Smart becomes Monzo’s Chief Product Officer 🎉
Multiply Mortgage secures $23.5M in Series A funding 💸
What fintech leaders are saying about 2025’s biggest challenges 📊
Key fintech events to watch—and why everyone’s talking about them 📅
Monzo, the UK-based neobank, has promoted longtime team member Andy Smart to Chief Product Officer. He’s been there 6 years!
🚨Breaking News: Andy Smart is now Monzo’s CPO — he’ll lead product strategy and work on launching even more user-friendly features.
⚡Wire Simplified –
Andy Smart joined Monzo in 2018 as a product manager.
He helped launch features like “easy bank switching” and Monzo Premium.
He was recently VP of Product before this shiny new promotion.
Monzo has been growing fast, especially in lending and business accounts.
His goal: Make Monzo products even simpler and more helpful for users.
✔️Straight to the Point:
Monzo is betting on one of its own to keep products sharp and customer-first — Andy Smart’s journey just got upgraded!
🎤 Is promoting internally the best move for fast-growing fintechs? |
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Multiply Mortgage, a US-based fintech that helps people get home loans, just raised $23.5 million in Series A funding.
🚨Breaking News: Multiply Mortgage grabbed major funding to expand its digital mortgage platform — it promises faster, smarter, and easier home loans.
⚡Wire Simplified –
Multiply Mortgage launched in 2021 to simplify the mortgage process.
The $23.5M Series A was led by QED Investors and Nyca Partners.
Their platform uses AI to streamline and speed up loan approvals.
They’ll use the money to grow the team and improve the tech.
Their big goal: Make getting a mortgage as easy as ordering pizza.
✔️Straight to the Point:
Multiply Mortgage is stacking up cash to fix the home loan headache — and investors clearly think it’s a billion-dollar idea.
most people think of wealth as more. more money, more luxury, more possessions. but past a certain point, the game flips. the highest form of wealth isn’t more, it’s less. fewer obligations, fewer meetings, fewer dependencies.
real wealth isn’t money. it’s leverage over time.
— signüll (@signulll)
9:11 PM • Mar 20, 2025
What a $32B acquisition may look like for employees:
— Ben Lang (@benln)
2:56 PM • Mar 19, 2025
Innovate Finance Global Summit 2025
A key event for FinTech leaders and innovators, focusing on global financial inclusion, digital transformation, and the future of FinTech.
Date: April 22–23, 2025 | Location: London, UK
Canada FinTech Forum 2025
This event is the largest FinTech gathering in Canada, bringing together key players from the finance and technology sectors.
Date: October 2025 | Location: Montreal, Canada
Hong Kong FinTech Week 2025
One of Asia’s premier FinTech events, featuring speakers, panels, and exhibitors showcasing innovations in finance and technology.
Date: November 2025 | Location: Hong Kong
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