MDR LAB Spotlight on… Thirdfort
Ollie Thornton-Berry and Jack Bidgood
I’m Ollie and I am Jack. We’re Thirdfort.
We first realised there was a problem when a friend of ours got defrauded out of £25,000 when they were trying to buy a flat in London.
Buying a house is very stressful there is a huge amount of fraud goes on and it is a huge headache buying a property in the UK.
To solve it we are building a secure payment platform combining digital on-board verification. The value of the LAB was being able to speak to property lawyers on a daily basis, getting constant feedback on our product and then making very helpful introductions to other participants in the property transaction journey.
We also found it incredibly helpful how Mishcon lawyers were able to tell us exactly which pain points were the most acute during the transaction.
But everyone has been so, so open with us and with technology.
We have come and learnt an enormous amount about property transaction and really progressed our business. We are now leaving the LAB with a product that we can show to lawyers which is much further advanced that we had expected to be.