Tembo, the award-winning mortgage and savings platform, has been named Scale-Up Business of the Year at the Lloyds British Business Excellence Awards, the UK’s largest and most prestigious business awards programme celebrating outstanding companies across all industries.
The judges described Tembo as: “The future of British FinTech – innovative, ambitious, and authentic, with leadership that exemplifies excellence and impact.”
This recognition highlights Tembo’s rapid growth and ongoing mission to make homeownership more accessible for first-time buyers through smarter, more innovative mortgage and savings solutions.
Richard Dana, Founder and CEO, Tembo said, “We’re incredibly proud to be recognised as Scale-Up Business of the Year; a real testament to the hard work, creativity, and dedication of the entire Tembo team. From day one, our mission has been to make homeownership more accessible for everyone, and this award is a reminder of how far we’ve come. I’m proud of what we’ve achieved together and excited for what’s ahead as we continue to help more people reach their goal of owning their own home.”
Since launching in 2020, Tembo’s primary mission has been to help people buy their first home sooner. With average UK house prices now £271,000, saving for a deposit is a huge challenge for many first time buyers – according to UK Finance, the average first time buyer deposit in the UK is over £68,154. Tembo now offers the most convenient single platform for customers to save towards this goal and then arrange a mortgage and take their first step onto the property ladder.
Tembo offers a range of savings products, from a market-leading Lifetime ISA, to its Fixed Rate Cash ISA and its newly launched, innovative HomeSaver Account which offers a market-leading 5.5% AER savings rate on savings and fee-free access to its award-winning mortgage brokers, underpinned by a unique Best Mortgage Deal guarantee.
Tembo offers a growing range of savings products, from its market-leading Lifetime ISA and Fixed Rate Cash ISA to the newly launched HomeSaver Account. HomeSaver combines a competitive 5.5% AER savings rate with fee-free access to Tembo’s award-winning mortgage brokers, all underpinned by the company’s unique Best Mortgage Deal Guarantee. Together, these products are designed to help aspiring homeowners save smarter, buy sooner, and get the most value from their money.
