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Tembo raises £16m in a funding round led by Gresham House Ventures to enhance its savings and mortgage platform.
PRIVATEFeb 12, 2026•4 months ago
Amount Raised
£16 Million
LondonFinanceFintech
Investors
British Business BankAscensionLove VenturesMc Pike Family OfficeAviva InvestorsGoodwater CapitalGresham House Ventures
Description
Tembo has raised £16m in a growth funding round aimed at accelerating the expansion of its digital savings and mortgage platform. This investment was led by Gresham House Ventures, joined by existing investors. Tembo plans to use the capital to further develop its app and homebuying platform, targeting a 20% share of the UK first-time buyer market. The funding follows significant growth in 2025.
Company Information
Company
Tembo
Location
London, England, United Kingdom
About
Tembo is on a mission to make home happen. As buying a home or remortgaging becomes increasingly difficult, with the gap between earnings and house prices reaching disproportionate levels, an entire generation of potential buyers has been locked out of the property market—left renting or living with family. Even existing homeowners face a volatile market and rising interest rates that threaten to push their monthly payments up by hundreds of pounds on average.
LondonFinanceFintech