Digital mortgage broker Doddl.ie has secured a seven-figure investment as the company plans to accelerate growth.
The investment will see the company expand its offering with a range of related financial products. The digital broker also hopes to introduce the latest technologies, from open banking to artificial intelligence.
Doddl.ie will also add investors to its board following the funding round.
Investors now include NSN Investments, controlled by Michael Nolan and Steven Scott, and Andrew Murphy’s Merleview.
Mr. Nolan’s primary interests are in the energy and mining sectors, and he helped steer the sale of Cove Energy to Thailand’s PTTEP for $1.9 billion in 2012.
Both NSN and Merleview will be appointed directors to the board of Mortgage Horizons Limited, the regulated entity of Doddl.ie.
Doddl.ie was launched in July 2019. In the last three years, the digital broker has supported clients with over 1 billion euros in applying for residential real estate.
The company now has over 40 employees.
“Doddl.ie has achieved a high level of success by anticipating a shift in the way consumers prefer to engage with financial services providers, offering an industry-leading digital application process, backed by a team of world-class mortgage professionals, and access Ireland offers to all major mortgage lenders in Germany,” said founder and CEO Martina Hennessy.
https://www.independent.ie/business/irish/irelands-largest-digital-mortgage-broker-doddlie-secures-seven-figure-investment-41952559.html Ireland’s largest digital mortgage broker Doddl.ie secures seven figure investment