back Back

Phoebus Software signs new contract with UK-based Pure Retirement

By Megha Bhattacharya

January 12, 2021

  • Phoebus
  • UK

Phoebus Software, today, announced a new contract with UK-based specialist mortgage lender Pure Retirement. The companies have been in collaboration since 2014. Pure Retirement has leveraged Phoebus’ solutions for originating and servicing its later life lending products. Recently, the company entered into an agreement with contact center analytics provider Yabber in a bid to allow it to become a part of the Phoebus Digital Ecosystem.

Phoebus Software Limited’s sales and marketing director, Richard Pike, said, “We have worked in the equity release market since 2007 and our proven experience in the Sector is second to none. Our relationship with Pure continues to go from strength to strength. We are hugely proud to have assisted in the launch of such a great business in 2014, assisting it grow into a market leader in its specialist area of lending, and now to be consolidating the relationship with the renewal of our contract. We look forward to continued success for both parties through the relationship over the coming years.”

Pure Retirement is a specialist mortgage lender to the equity release market, offering products that provide solutions for use in effective retirement planning. According to the company, homeowners can unlock the value tied up in their property, by converting it into a tax-free lump sum. This money can then be used for any purpose whether it’s to pay off debts, sail around the world or just enjoy a more comfortable lifestyle.

Andrew Thirkill, Chairman of Pure Retirement, added, “In 2014 we launched with PSL because of its proven track record in equity release originations and servicing solutions, which we believe still to be second to none. We did look at other providers as part of the renewal process, and by far Phoebus came out on top in terms of functionality and commercially. Over the years the partnership between our businesses has continued to work extremely well and we are delighted that this has culminated in the signature of the new contract.

Previous Article

January 12, 2021

Suncorp partners with Frollo for open banking APIs in Australia

Read More
Next Article

January 12, 2021

ACI Worldwide and JCB announce rollout of JCB Web API Service

Read More

IBSi Daily News Analysis

September 28, 2023


What CBDCs mean for private sector banks and financial inclusion

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


5 FinTechs modernising Supply Chain Financing in India

Read More

September 27, 2023

Poonawalla Fincorp & IndusInd Bank launch co-branded credit card

Read More

September 26, 2023

SME Finance and Okredo partner on open data financing solution

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q2 2023

£1,500.00 / year

Know More
Testing & QA for NextGen Bank Tech Q3 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q2 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023