Investment in mortgage switching tool Dashly

Former Barclays Investment Bank chief operating officer Mike Bagguley has invested an undisclosed sum in Dashly. The platform describes itself as an ‘always-on’ mortgage market comparison service built for brokers by brokers, using credit reference agency, current account, house price and up-to-date mortgage balance data to seek opportunities for money savings. Bagguley says: “Dashly turns the way we think of mortgages on its head, from something you deal with every few years to a product that can be changed at any time, as its algorithm is calculating billions of pieces of data each day. It empowers brokers like never before while also eradicating that public enemy number one, consumer inertia.”

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