Tembo Money offers a mobile platform that integrates savings products such as Lifetime ISAs, Cash ISAs, and Fixed Rate ISAs with a free digital mortgage advice service. Its newest product, HomeSaver, links saving and borrowing by providing a 5.24% savings rate to customers who later use Tembo for their home purchase or remortgage. The app continues supporting users post-purchase by tracking their mortgage in real time and surfacing the best available remortgage rates from both their existing lender and the broader market. Tembo’s leadership claims the company is on track to capture 20% of the UK first-time buyer market within two years, highlighting strong growth ambitions. The fresh capital will fuel further expansion of its app functionality and the development of a fully end-to-end home-buying platform. No revenue or user numbers were disclosed in the article. The company is led by co-founder and CEO Richard Dana.

Total raised

$50M

Funding rounds

4

Latest round

Equity

Latest activity

Feb 2026