MortgageGym offers a digital solution to simplify the mortgage application process, eliminating the need for in-person meetings and paperwork. Founded in 2016, the company positions itself at the intersection of Fintech, Marketplaces, and Social Media, aiming to transform a traditionally cumbersome task into a streamlined, user-friendly experience.
Operating out of the United States, MortgageGym allows users to navigate the mortgage landscape through three straightforward steps, completely free of charge, from any device at any time. This model seeks to capture the attention of tech-savvy consumers and millennials venturing into homeownership.
The company's last investment round on 17 September 2018 raised £3.80M in a Venture Round, led by notable investors such as LSL Property Services and Gocompare.com. As MortgageGym continues to build its market presence, its emphasis on innovation and user experience could make it an attractive opportunity for investors interested in the growing Fintech industry.