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Ireland South East fintech Loanitt has signed a major partnership with Three

February 8, 2022/in Financial Services, Job Announcements, News

Ireland South East fintech Loanitt has agreed a partnership with mobile phone company Three to become its first exclusive mortgage provider. Loanitt will exclusively offer a range of mortgage services to all 3Plus members from helping them to get mortgage ready, to applying for a mortgage and switching Lenders.

Loanitt, founded by ex-bankers John Duggan and Padraig Nolan has experienced rapid growth since being founded in early 2018. Loanitt is already the largest Finance Intermediary in Ireland and last year signed a significant partnership with DoneDeal which saw Loanitt propelled to the leading provider of Agri Finance in Ireland. Already servicing thousands of customers in Car, Agri & Commercial Finance every month, the company launched into the mortgage market in December 2021. This partnership with Three Mobile will see it become a major player in the mortgage market in Ireland.

The move by Loanitt to team up with Three is part of ambitious expansion plans by the company. Advised by KPMG, it is preparing to raise a €5 million series A funding later this year. Loanitt also secured an open banking licence last year giving it connectivity to thousands of bank networks.

The expansion plans will lead to new jobs being created and prospective employees are advised to check on Loanitt’s careers page for roles

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