Mortgage Magic has launched a discounted technology package aimed at women and LGBTQ+ led mortgage firms, offering eligible brokerages 90% off its Prometheus back-office platform.
The cloud-native technology provider said the initiative is intended to reduce the cost of adopting enterprise-grade software for firms led by underrepresented groups in financial services.
Under the scheme, mortgage businesses must be led by women or members of the LGBTQ+ community and have a workforce made up of at least 90% female employees to qualify for the reduced-price package.
Mortgage Magic said the offer applies to its flagship Prometheus platform, which combines CRM, AI-powered mortgage and protection sourcing, and end-to-end case management in a single system.
The company said the platform is designed to remove manual data rekeying and support the broker journey from fact-find through to completion.
Tanjir Sugar, chief executive at Mortgage Magic, said: “The mortgage industry benefits immensely from diverse leadership and inclusive teams.
“Enterprise-grade technology is a significant investment for growing firms. By fundamentally reducing the cost of our most advanced software package, we want to empower women and LGBTQ+ led businesses to scale, compete, and deliver exceptional advice without the financial friction of expensive enterprise software.”
Firms seeking access to the discounted subscription can apply directly to Mortgage Magic, subject to verification of leadership and workforce composition.
