finova joins IMLA as associate member

Mortgage technology provider finova has become an associate member of the Intermediary Mortgage Lenders Association (IMLA).

“We’re delighted to have joined IMLA as an associate member,” said Steve Carruthers (pictured left), business development director at finova, who will also represent the company at IMLA events.

“Membership gives us a valuable opportunity to hear lenders’ priorities, needs and concerns firsthand, helping us stay ahead of key trends shaping the mortgage market. Crucially, this will enhance how we support the industry from a fintech perspective and provide lenders with smarter solutions to benefit them, brokers and ultimately the end borrower.”

finova, which serves more than 60 mortgage lenders and 3,500 brokers across the UK, offers a range of digital solutions, including origination platforms, back-end systems, customer relationship management (CRM) tools and payment services.

Kate Davies (pictured right), executive director of the Intermediary Mortgage Lenders Association, welcomed the addition of finova as an associate member of the trade body.

“As one of the major tech players in the mortgage market, finova can bring a fresh angle and unique insights to the table,” she said. “We look forward including them at our events and sharing their intelligence, as we collaborate to improve and evolve our industry for all parties concerned.”

IMLA represents mortgage lenders that operate through brokers, including banks, building societies and specialist lenders. It claims that its members account for more than 90% of UK mortgage lending.

finova is the third company to join IMLA this month, following Suffolk Building Society as a full member and valuation panel management firm VAS as an associate member.

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