Trussle has secured regulatory approval from the Financial Conduct Authority (FCA) to operate as a directly authorised firm from the 8 December.
This authorisation follows Ian Larkin being appointed as chief executive and a recently completed formation of a new executive team.
Johnny Waldron has been appointed as chief marketing officer, Jenny Crawford as vice president people, and Leah Brown as general counsel and company secretary.
Waldron has previously worked with fintech scale-ups including World Remit, as well as multinational beverage company, Diageo.
Crawford is an experienced HR leader in start-up, scaling and transforming organisations, and recently joined Trussle from City Pantry.
Brown worked in M&A at Freshfields and most recently as legal advisor at the Kuwait Investment Office before joining Trussle to build out its legal function.
Trussle has also revealed it has achieved 100% year-on-year growth as more customers opt to use its digital proposition.
Ian Larkin, chief executive of Trussle, said: “2020 has been a breakthrough year for Trussle as more consumers have adopted digital services.
“More customers than ever have trusted us to help them find the right mortgage.
“We’re at a really exciting stage of Trussle’s journey and having great leadership in place will help us to deliver on the full potential of our digital proposition.
“Being directly authorised by the FCA affirms the high standards of governance, culture and conduct within Trussle, and is an important milestone in our evolution.
“Our goal is to deliver a faster and more convenient experience that enables customers to secure home financing with ease.
“This is especially important in the current market, as customers are experiencing unprecedented increases to mortgage processing times, reductions to mortgage product availability and changes to eligibility criteria.
“We are working closely with lenders to help address the underlying causes of these challenges by providing a more technology-enabled, streamlined and efficient customer experience.”