Tembo Wins Scale-Up Business of the Year at British Business Excellence Awards

Mortgage and savings platform Tembo has been named Scale-Up Business of the Year at the Lloyds British Business Excellence Awards, the UK's largest business awards programme.

The judges described Tembo as "the future of British FinTech—innovative, ambitious, and authentic, with leadership that exemplifies excellence and impact."

The award recognises Tembo's growth since launching in 2020 with a mission to make homeownership more accessible for first-time buyers through mortgage and savings solutions.

First-Time Buyer Focus

With average UK house prices at £271,000 and the typical first-time buyer deposit exceeding £68,000 according to UK Finance, Tembo has built a platform combining savings products with mortgage brokerage services.

The company offers a Lifetime ISA, Fixed Rate Cash ISA, and its HomeSaver Account, which provides a 5.5% AER savings rate with fee-free access to mortgage brokers and a Best Mortgage Deal guarantee.

"From day one, our mission has been to make homeownership more accessible for everyone," said Richard Dana, Founder and CEO of Tembo. "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."

Industry Recognition

The British Business Excellence Awards win adds to Tembo's growing list of accolades. The company's Lifetime ISA was named Best Lifetime ISA at the Good Money Guide Awards 2023, while Tembo has been voted UK's Best Mortgage Broker at the British Bank Awards for four consecutive years from 2022 to 2025.

Tembo is backed by investment from Aviva and combines technology with mortgage brokerage to help consumers save for and purchase their first home.

To find out more, visit: tembomoney.com