Lloyds Banking Group led a £10m investment round to fund the national roll-out of Coadjute's property technology platform.
"We’re delighted that the Coadjute network is now being backed by the biggest players in the UK property market, enabling us to further expand our offering and roll out to more home movers and the professionals that serve them. Together with the estate agents, conveyancers and brokers joining the network, we hope to transform the experience of moving home in the UK, making it quicker, easier and safer for everyone in the future"
The oversubscribed round was co-led by BlackRock and Canada Pension Plan Investment Board with backing from existing investors.
"This funding round represents another significant milestone in our journey to become the operating system of choice for leading banks across the globe,"
Notion Capital led the follow-on investment round, backed by existing supporters including M12 and Nationwide.
"We are incredibly excited to be part of this funding round in Hazy. We believe that synthetic data will open a world of opportunities for large enterprises to use their data, extract insights and train their models among others, without compromising their customers’ information."
Nationwide backs the business banking technology provider through its £50m Venturing Fund.
"The Society continues to invest for the future. Investing in start-ups like BankiFi will help us explore new capabilities and technologies that will help deliver our technology strategy both now and in the future."
