Friday, April 23, 2021

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Fronted: Launches on Yobota’s core banking platform

  • Rental deposit fintech Fronted launched this month, becoming the second company  powered by Yobota’s core banking platform
  • Yobota built a fast, flexible, cloud-native core banking platform that allows clients to create and run innovative financial products
  • Fronted aiming to help renters afford deposits when signing new tenancy agreements
  • The startup does this by offering a fixed 12.5% loan to cover the deposit, with renters able to spread the cost across up to 12 months
  • Fronted founded by Jamie Campbell, Simon Vans-Colina and Anthony Mann
  • The Yobota Platform already powers multiple brands for Chetwood Financial, one of the UK’s challenger banks

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