Movo Accelerator launched for start-up brokers
Movo Partnership has launched a platform for entrepreneurs to develop their own broking business, Movo Accelerator, in a first push since Tysers’s owners AUB took an 80% stake.
The platform provides a solution for start-up costs and the first 12 months of trading, which Movo noted was often the main barrier to success.
Accelerator covers salaries, infrastructure and a range of essential support services to get a broker up and running in return for an equity stake in the business.
Deals are tailored to the requirements of the individual broker.
Movo previously announced Movo Fusion, a network for directly authorised brokers, with a pilot starting on 1 June.
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