Haysto attracts investment from industry heavyweights

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Khosla is the co-founder and chief executive of digital bank OakNorth and Garnett, veteran of three successful start-ups, is a former executive at Salesforce, having been part of the team that took it public.

Haysto says this funding comes when it is planning to hire 75 new staff this year, including engineers, and that will be used in part to build a “faster, more certain and transparent process for customers”.

The broker specialists in finding mortgages for people underserved by high street lenders.

Haysto co-founder and chief executive Jonny Moulton says: “As we move into the next phase of growth, we’re focussed on bringing in value-add investors; Rishi and Steve’s alignment from a market, technology and company-growth standpoint is a perfect fit for Haysto.”

“We’re also thankful to our network partner HLP – in particular chief executive Chris Tanner who has provided strong strategic support through our growth.”

And Kholsa adds: “This is an exciting time. There’s a growing customer need for an innovative brand and platform to unlock the specialist mortgage market and Haysto is perfectly positioned to do that.

“I look forward to supporting the company’s mission to empower those who’ve been left behind.”