£2.5M
The seed round was led by Aviva and Fair by Design to support product expansion.
Aviva is the UK diversified insurer providing insurance, savings, and retirement products to millions of customers. The group operates across multiple international markets and maintains commitments to net zero carbon emissions.
Portfolio
2
companies
AUM
£376000M
under management
Tembo Money
A financial technology platform transforming consumer lending and mortgages for first time buyers.
Acre Software
Acre Software provides a blockchain-powered platform for mortgage and insurance advisers.
The seed round was led by Aviva and Fair by Design to support product expansion.
Sesame Bankhall Group and Aviva have backed the technology start-up to scale its team and expand its market reach.
"After undertaking a comprehensive 12-month review of the market, we concluded that we could no longer ignore the new competitive threats circling around our profession and we had to act. Working with Aviva Ventures, we saw an opportunity to turn the threat posed by new disruptive technology on its head. Acre will bring the latest technology know-how, and that coupled with our distribution expertise will help advisers and their clients reap the benefits."