Financial Services

Money Advice acquired by Karl Deeter’s mortgage fintech

The Karl Deeter-led firm has acquired the financial and mortgage advisor platform for an undisclosed sum

Karl Deeter founded OnlineApplication four years ago. Picture: Fergal Phillips

OnlineApplication, the Karl Deeter-run platform for mortgage applications, has acquired Money Advice for an undisclosed sum.

The news was announced on LinkedIn by Philip O’Reilly, the chairman of Money Advice CRM, who said he was stepping down with immediate effect from the company.

“Many thanks to the Money Advice teams, customers, users and product providers who have supported us over the last 30 years,” he said. “I haven’t gone away! I will be concentrating on ...