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The three biggest mortgage lenders in the UK – Lloyds, Nationwide and NatWest – and property website Rightmove, have invested £10m in the digital property transaction business Coadjute.

As lead investment partner, Lloyds Banking Group invested £3m as part of a £10m funding round to support the proptech firm.

The investment, led by Lloyds with a £3 million contribution, signifies Coadjute's efforts in transforming the house buying process through technology

Lloyds Banking Group, Nationwide, NatWest, and Rightmove have announced their £10M investment in London-based property technology startup Coadjute.

The funding will be used to expand the scope of the Coadjute Network to include mortgage brokers and lenders.

Lloyds Banking Group, as lead investment partner, has invested £3 million as part of a £10 million funding round to support Coadjute’s long-term ambition to revolutionise the UK housing market and offer home buyers a one-stop shop for buying a home.

Lloyds Banking Group, Nationwide, NatWest, and Rightmove have announced today a strategic investment in Coadjute, the London-based property technology business.

In a recent development, Coadjute, has snapped £10 million in a strategic investment. Lloyds Banking Group, the lead investment partner, has invested £3 million as part of a £10 million funding round.

Lloyds Banking Group led the funding round, investing £3 million of the £10 million total raise. This round brings the company’s total raised to £23 million since its founding in 2018.

This is the first time that the UK’s three largest mortgage providers have come together to fund a PropTech.

The Coadjute team are building the future of the property industry and you need to join them.

Coadjute announces a funding round of £10 million, led by Lloyds Bank with a contribution of £3 million. Other major investors include Natwest, Nationwide and the UK’s largest property website, Rightmove.

London-based proptech company Coadjute has secured a £10m funding deal from three of the UK’s largest mortgage lenders.

Lloyds Banking Group has invested £3 million in Coadjute, an innovative fintech designed to connect all parties involved in the homeownership journey.

Proptech firm Coadjute has received a total cash injection of £10m from Lloyds Banking Group, Natwest and Nationwide to support its role in transforming the property transaction process.

Lloyds Banking Group, Nationwide, NatWest, and Rightmovehave announced a strategic investment in Coadjute, theLondon-based property technology business.