Mortgage Magic
- Company typePrivate
- Founded2019
- HeadquartersRainham, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Mortgage Magic firmographics
Firmographics- Name
- Mortgage Magic
- Legal name
- Mortgage Magic
- Website
- https://mortgage-magic.co.uk
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Mortgage Magic industry classification
Industry- Product category
- Mortgage Broker Compliance Software
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Loan Brokers (6163), Finance Services (6199)
- akta.pro primary industry
- Quality Control (QC), Compliance & Audit Tools for Underwriting (FSALALAL)
- akta.pro secondary industry
- Retail Residential Mortgage Brokers (Purchase & Refinance) (FSALABAA)
Keywords
Where Mortgage Magic is headquartered
LocationHeadquarters
- HQ city
- Rainham
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Mortgage Magic business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Subscription Access: The platform operates on a subscription model where brokers pay to access the platform and its compliance tools. All Mortgage Magic subscribers have access to the secure case audit trail feature as part of their subscription.
Go-to-market motion1 record
Distribution channels1 record
Mortgage Magic product offering
Product offeringCore offering
Mortgage Magic provides a UK-based subscription platform for mortgage brokers that automates compliance documentation and interaction logging. Its flagship capability is the Secure Case Audit Trail, which consolidates broker advice, documents, and messages from emails, sourcing systems, and phone notes into a single tamper-resistant timeline to support FCA Consumer Duty compliance.
Differentiator
Problem solved
Functional benefit
Products and services
- Mortgage Magic Platform A UK-based subscription software platform for mortgage brokers that provides end-to-end visibility across broker interactions and integrated compliance tools, including a secure audit trail. It is designed for mortgage brokerages operating in the UK who need to maintain FCA Consumer Duty compliance.
- Secure Case Audit Trail An integrated compliance feature within the Mortgage Magic platform that provides tamper-resistant logging of broker advice, documents, and messages in a consolidated, unalterable timeline. It creates a single 'golden record' from multiple communication channels to support FCA Consumer Duty regulatory compliance for UK mortgage brokers.
Quantifiable outcome
- Provides end-to-end visibility across all broker interactions through automated logging
Companies that use Mortgage Magic
Customer profileSegments1 record
Ideal customer profiles1 record
Mortgage Magic technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Mortgage Magic competitors and assessment
Company assessmentBroad incumbents
- nCino: Cloud-based banking and lending platform with mortgage origination capabilities — broad incumbent whose compliance and audit functionality intersects with Mortgage Magic's value proposition.
- Iress: Global financial services software provider with mortgage and advisory workflow offerings — broader incumbent whose mortgage segment overlaps with Mortgage Magic's broker tooling.
- ICE Mortgage Technology (formerly Ellie Mae): Large US-headquartered provider of mortgage origination, compliance, and workflow software — broad incumbent with overlapping audit/compliance capabilities for brokers and lenders.
Regional players
- SimplyBiz Mortgages: UK mortgage club and compliance support provider for advisers and brokers — regional player whose compliance and membership offerings overlap with Mortgage Magic's audit and FCA focus.
Emerging players
- MortgageTek: UK-focused mortgage broker technology and CRM platform — emerging player serving the same broker segment with partial product overlap.
- Sikoia: UK fintech providing data and verification APIs for lenders — emerging player in the adjacent compliance and verification space relevant to Mortgage Magic's audit trail ambitions.
Direct peers
- Mortgage Brain: Established UK mortgage technology provider offering sourcing, CRM, and compliance solutions to brokers — directly comparable SaaS platform serving the same UK mortgage broker segment.
- Knowledge Bank: UK mortgage criteria sourcing platform for brokers and advisers — overlapping customer segment and digital SaaS distribution model with Mortgage Magic.
- AFD Software: UK provider of mortgage and protection data tools to brokers and advisers — adjacent compliance and data infrastructure serving the same broker audience.
- Twenty7tec: UK-based mortgage technology platform providing sourcing, compliance, and workflow tools to mortgage brokers — overlapping customer base and product category with Mortgage Magic.
Market position
Customer concentration
Mortgage Magic social profiles
Digital presenceMortgage Magic compliance and trust
Trust signalCompliance2 records
Mortgage Magic financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mortgage Magic leadership team
Management profileNumber of profiles
Mortgage Magic funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mortgage Magic M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mortgage Magic
What does Mortgage Magic do?
Mortgage Magic provides a UK-based subscription platform for mortgage brokers that automates compliance documentation and interaction logging. Its flagship capability is the Secure Case Audit Trail, which consolidates broker advice, documents, and messages from emails, sourcing systems, and phone notes into a single tamper-resistant timeline to support FCA Consumer Duty compliance.
Is Mortgage Magic a public or private company?
Mortgage Magic is a private company. It is classified as unknown and is currently operating.
When was Mortgage Magic founded?
Mortgage Magic was founded in 2019. It employs 11 to 50 people.
Where is Mortgage Magic based?
Mortgage Magic is headquartered in Rainham, United Kingdom, in the Europe region.
How does Mortgage Magic make money?
One revenue line is on record: subscription Access.
Who are Mortgage Magic's main competitors?
Broad incumbents on record are nCino, Iress and ICE Mortgage Technology (formerly Ellie Mae). SimplyBiz Mortgages is listed as a regional player. Emerging players are MortgageTek and Sikoia. Direct peers are Mortgage Brain, Knowledge Bank, AFD Software and Twenty7tec.
Does Mortgage Magic have an API?
No public API is recorded for Mortgage Magic.
What industry is Mortgage Magic in?
Mortgage Magic's product category is Mortgage Broker Compliance Software. Its primary akta.pro industry code is FSALALAL, Quality Control (QC), Compliance & Audit Tools for Underwriting, with a secondary code of FSALABAA, Retail Residential Mortgage Brokers (Purchase & Refinance). Its NAICS code is 522310 and its SIC code is 6163.