UK’s first online mortgage broker appoints new chairman

Financial Services | Growth | South East | Start-up | Technology

Trussle

Britain’s first online mortgage broker, Trussle, has named banker, FinTech growth and board exec, Simon Williams, as new Chairman. The company has also named product technology executive, Supriya Uchil, as new Advisor.

The appointments follow three years of sustained growth.

Trussle was founded by Ishaan Malhi, a former city analyst who launched the company after struggling to navigate his own mortgage application. Four years into the journey, Trussle – which secured £13.6m of investment led by Goldman Sachs PSI last year – has appointed Simon Williams, as its first Chairman.

Simon Williams said: “Having worked in the financial world for many years, I’m motivated by disruptive Fintech businesses that are transforming the financial industry for consumers across the board.

“Trussle’s aspiration to enable better mortgage decisions for consumers is something that sits close to my heart. The industry is outdated, confusing and expensive. In the 21st century, consumers deserve better – a more convenient, clearer and hassle-free service. Trussle’s fresh technology-led approach is shaking up the mortgage process to make it transparent and accessible to everyone.”

Product technology leader, Supriya Uchil is the first appointee to Trussle’s advisory board.

Supriya Uchil said: “A mortgage is usually the largest financial decision someone makes in their lifetime, yet the process is opaque and overly complex. The mortgage industry is so ripe for disruption. At Trussle, we have a responsibility to ease customer anxiety and provide a streamlined mortgage journey.

“I’m working closely with the leadership team, as well as engineering and operations, to understand homeowners’ needs and encourage innovation to shake up the industry, and ultimately enhance the customer experience. I’m excited to be working with such a young company which is ambitious and has massive potential to grow.”

Ishaan Malhi, CEO and founder of Trussle, added: “Appointing such high calibre executives gives us an unfair advantage in our fight for fairer mortgages and is a testament to the confidence in Trussle and the opportunity that lies ahead for our customers. We’re in a position to make a difference to one of the biggest financial and emotional commitments people undertake and we’re already helping them to tackle the challenges head-on.”

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