Tembo team
Tembo logo

Tembo

StudioFintechMortgages

Stage

Series A

Built With

Capital Raised

£23.5M+

(incl. £16M growth round, 2026)

Founders

Richard Dana

Eddie Ross

Geoff Wright

The Company

Founded in 2020 by Richard Dana, Eddie Ross and Geoff Wright, Tembo is a digital savings and mortgage platform on a mission to make homeownership happen for a new generation of buyers through smart family lending. Its Income Boost and Deposit Boost products let first-time buyers borrow against a relative's income or savings without requiring a cash lump sum, alongside ISA and savings tools that help people build a deposit faster.

Tembo has grown its savings book to roughly £3bn in assets under administration, was named to the Sifted 100 list of fastest-growing companies, and raised a £16M growth round in 2026 to expand its home-buying and remortgaging tools.

Investors

Aviva Investors, Gresham House Ventures, Goodwater Capital, Love Ventures, Ascension