Finova, one of the UK’s leading providers of cloud-based mortgage, savings and lending software, today announces the opening of a new Manchester office that has created over 50 new jobs. Over half of these positions have already been filled, with active recruitment underway to complete hiring over the coming months.
This move sees Finova challenge the common narrative around AI and employment, proving that AI can create jobs within a growing technology business as adoption of AI in financial services continues to expand.
The new hub at x+why, 100 Embankment Manchester will comprise developers and engineers focused on advancing Finova’s lending, broker and servicing platforms, alongside a commitment to apprenticeships to help develop the next generation of UK fintech talent.
The expansion follows sustained growth across Finova’s business, driven by continued demand from UK lenders and brokers and ongoing investment in its AI-enabled platform. The company serves over 60 financial institutions, manages nearly £50bn in loans and savings, and powers one in five UK mortgages.
Finova’s AI capabilities have been a key part of this momentum. For example, Broker Assist, its conversational AI agent, is helping streamline the mortgage process for lenders, brokers and customers by reducing manual effort and enabling faster decisions.
Gareth Richardson, CEO at Finova, said:
“There’s a common assumption that investment in AI leads to fewer jobs. At Finova, we’re seeing the opposite. Our AI capabilities are driving real commercial growth, and that growth is what’s enabling us to invest in new talent and technology.
"We’re a UK business, built for UK lenders, brokers, borrowers and savers, and we place great emphasis on investing in the incredible pool of talent right here in the UK.”
Finova, which celebrated its 30th anniversary this year, employs more than 500 people across London, Cheltenham and India. The new Manchester hub marks the next phase of its growth, strengthening its engineering capability and supporting continued platform innovation.
Richardson adds:
“Manchester is a city with a strong technology ecosystem and real ambition. We want to play a role in shaping what an AI-driven financial services company looks like in the UK — one that grows its technology and its people at the same time.”
More information on current opportunities, including apprenticeships, can be found at finova.tech/careers.
