Nutshell Apps is a Newcastle-based ’no code’ enterprise mobile application development platform that enables businesses to develop back and front-end mobile apps without writing a single line of code. NVM Private Equity, now Mercia, led Nutshell’s Series A funding round. Whitecap Consulting provided NVM with a sounding board throughout the investment process and produced a Commercial Due Diligence report. Whitecap provided a detailed external outlook on the possible market opportunity for Nutshell’s offering.

Whitecap was engaged to conduct commercial due diligence on Mojo Mortgages prior to external investment in the business by Maven/NVM in 2019. We reviewed Mojo’s commercial growth strategy in detail against the backdrop of the UK mortgage market and the opportunity for FinTech developments to impact the market. This included analysing market and technology developments in the intermediary mortgage sector. As part of this project, a number of senior stakeholders across the UK mortgage, lending and FinTech sectors were interviewed.

“The combination of Whitecap’s strong understanding of the mortgage market, expertise in FinTech, and a core competence in strategy made them an ideal fit to complete this work with us. The project was completed to a high standard in a short period of time, which was critical due to the requirements of the funding process we were undergoing. We enjoyed working with the team.”
Nick Sherratt, Managing Director, Mojo Mortgages