MQube partners with tech firm to bring platform to Irish market

MPowered Mortgages' parent company MQube has announced that it has partnered with Ireland-based mortgage technology company, InCol, to bring its mortgage origination platform to the Irish market.

Related topics:  mqube
Rozi Jones | Editor, Barcadia Media Limited
12th April 2024
open banking tech
"We look forward to conversations with banks, building societies and other mortgage lenders in Ireland"

The alliance will enable mortgage originators that have deployed MQube’s technology to manage the mortgage lifecycle from application through to post-completion and give lenders in the UK and Ireland the opportunity to benefit from the advantages of faster service, reduced costs, less risk, and greater agility.

InCol is a mortgage analytics specialist. The firm owns InCol Intelligence, a SaaS platform, currently live in the UK, providing analytical, reporting, and risk management solutions for the residential mortgage sector.

Stuart Cheetham, CEO of MQube, comments:

“We are thrilled to announce this new partnership with InCol, which forms part of our wider growth ambitions to transform the mortgage industry for the better both in the UK and globally. Our flexible mortgage origination platform can be adapted for use in other markets and we want to really showcase to other markets what it can do. It is already successfully used by our UK lender firm, MPowered Mortgages, and we hope that through this partnership with InCol we will be able to extend this success with lenders across Ireland and other European markets.

“We look forward to conversations with banks, building societies and other mortgage lenders in Ireland and the rest of Europe, and are excited to have the opportunity to help even more brokers and customers achieve certainty, speed and control in the mortgage process.”

Frank Wall, Director of InCol, comments:

“We are delighted to build on our long-standing relationship with MQube. Our partnership with MQube offers a unique end-to-end solution for mortgage originators. We see InCol Intelligence as a natural extension and enhancement of MQube’s mortgage origination platform, and we look forward to working with the MQube team on this venture in the UK and Ireland.“

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