Finova, the UK’s leading cloud-based mortgage, savings, and LENDTECH provider processing over £50 billion in loans annually for 60+ banks, building societies, and specialist lenders, including Aldermore Bank, Metro Bank, and Atom Bank, has acquired Cubit Labs, an AI-native technology startup focused on automating intermediary workflows and improving the flow of information between mortgage brokers and lenders. The deal, which brings Cubit Labs founders Max Hayden (formerly of Capita and CMME Mortgages) and CTO Will Matthews into Finova, forms part of the company’s strategy to build a unified platform connecting every stage of the lending lifecycle across origination, decisioning, servicing, data, and AI-driven automation, as the UK mortgage market remains overwhelmingly intermediary-led but dependent on fragmented, manual processes.

Finova Acquires Cubit Labs to Accelerate Its Future of Lending Strategy