CreditLadder is hugely proud to say that we've been picked by a new HM Treasury-backed mentoring programme to join its first cohort of 20 ‘most promising’ businesses.

Our senior team will now spend five months being mentored by some of the most talented fintech entrepreneurs in the UK on key topics such as scaling challenges, partnerships with incumbents, regulations and international expansion.

And for a few lucky members of our team the programme will culminate in a trip to the US to help us establish a network of investors and partners for our business.

Called Tech Nation Fintech, the programme is part of HM Treasury’s efforts to accelerate the development of the UK’s already fast-maturing fintech sector, which has to date seen over £1 billion of venture capital invested in a variety of different companies.

What does this mean for our users, you might ask? We believe our inclusion in the first Tech Nation line-up is proof we’re offering the UK’s renters something they need; an innovative service that promotes financial inclusion and fair access to financial services.

And we also believe it highlights how, for such a young company, we’re on top of our game.

The Tech Nation judges said encouraging things about both us and all our fellow Tech Nation cohort.

John Glenn MP, Economic Secretary to the Treasury said he was “thrilled to see Tech Nation’s fintech programme launch with such a strong cohort of dynamic young companies - I have no doubt they’re destined for amazing things”.

And investment platform Wealthify’s CEO Richard Theo said: “The applications to the Tech Nation Fintech programme where quite fantastic but the six million dollar question is whether there’s a future unicorn lurking within the 20 companies. Given the great range of ideas, the strengths of the teams and the support they can now get – there’s a really good chance that there’s one in there.”

CreditLadder can help you improve your credit score

If you want to improve your credit position by reporting your rent payments, CreditLadder is the only way to improve your credit score and position across all four of the main Credit Reference Agencies in the UK, namely Experian, Equifax, TransUnion and Crediva. Building up a high credit score has a lot of benefits, including helping you access finance at better rates - this can also help save you money.

CreditLadder also runs a free mortgage application service in partnership with Tembo which will tell you how much you could borrow.

Remember the information provided in this article is for information purposes only and should not be considered as advice.