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A fintech and spot concern which integrates elements of the homebuying process has secured a multimillion lb concern from Channel 4 successful the state-owned broadcaster's latest media-for-equity partnership.
Sky News understands that OneDome volition denote connected Wednesday that it has struck a woody worthy up to £7.5m with Channel 4 Ventures.
OneDome's HomeBuyer work provides owe advice, conveyancing and transaction absorption successful a azygous fixed-price bundle sold for £999.
Earlier this year, the institution swooped to bargain Trussle, the online owe broker which had antecedently raised funds from investors including Goldman Sachs.
OneDome - chaired by the seasoned erstwhile City lawyer Sir Nigel Knowles - has acceptable a five-year people of being progressive successful 10% of each UK homebuying transactions.
After buying Trussle, it present facilitates adjacent to £5bn successful yearly owe lending, arsenic good arsenic processing good implicit 1,000 spot transactions each month.
The woody with Channel 4 Ventures volition initially impact the proviso of media inventory worthy £5m, with different £2.5m invested taxable to circumstantial concern milestones.
The concern volition beryllium utilized successful 2026 to motorboat a selling run promoting the HomeBuyer Service.
OneDome, which says it is already profitable, wants to triple revenues by the extremity of 2026.
"The homebuying acquisition is broken, disjointed and stressful," said Babek Ismayil, laminitis and main enforcement of OneDome.
"Instead of juggling aggregate work providers and managing the process themselves portion moving afloat time, buyers tin present acquisition 1 fixed-price work that includes everything they request to implicit a location purchase."
Channel 4 Ventures' concern forms portion of a larger backing circular that OneDome is expected to denote by the extremity of the year.
"This concern is yet different illustration of however Channel 4 tin make important commercialized benefits for the businesses that collaborate with us, pairing the unrivalled powerfulness of TV advertizing with our concern expertise," Vinay Solanki, caput of Channel 4 Ventures, said.
"OneDome is tackling 1 of the toughest and astir important user challenges -- making the location buying travel simpler, faster and much transparent.
"It is already 1 of the fastest increasing scale-ups successful the UK, and we judge it has the imaginable to alteration however radical attack 1 of life's biggest fiscal decisions."
Other media-for-equity deals struck by the broadcaster see partnerships with what3words, Pinterest, Crowdcube and Carwow,.
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