Lloyds Banking Group Contract

RNS Number : 5160W

Smoove PLC

19 August 2022

 

Smoove plc

(The "Group", "Smoove" or the "Company")

                 Lloyds Banking Group Contract

Smoove plc (AIM: SMV), the customer focused technology and services business aiming to simplify and revolutionise home moving and ownership, announces that it has re-contracted with the Lloyds Banking Group ("LBG") for the provision of conveyancing services for a further two years.

This contract builds on the Company's 15-year relationship with LBG and highlights the strength of its market leading offering. Under this contract, Smoove will continue to provide LBG and its customers with bespoke conveyancing products and services via digital platforms throughout the UK.

Jesper With-Fogstrup, Chief Executive of Smoove plc, commented: "We are delighted to have yet again extended this contract demonstrating our strong product suite and ability to provide innovative and proven solutions that continue to set us apart.

"Having recently added the provision of remortgage services to our offering for LBG, we believe that this renewal is further testament to our ability to provide leading solutions."

Enquiries:

Smoove plc Jesper With-Fogstrup, CEO Michael Cress, CFO	Via Walbrook PR
Panmure Gordon (UK) Limited (NOMAD and Broker) Dominic Morley Erik Anderson	[phone]
Walbrook PR Limited Tom Cooper/ Nick Rome	[e-mail] or Tel: [phone]

About Smoove:

Smoove's (hellosmoove.com ) mission is to revolutionise the home moving and owning process for everyone involved. The Company's cornerstone cloud-based platforms provide significant leverage for growth with strong, established client bases and routes to market - including mortgage brokers, conveyancers, estate agents and lenders.

eConveyancer (   https://econveyancer.com/ ) is one of the leading distribution channels for conveyancing in the UK, bringing consumers and legal professionals together via comparison services, which provide solutions for home movers and the re-mortgage market.

The Company's existing platforms have been designed with a view to adding services and reach and the Company is well placed to create exponential returns as functionality increases.

 

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