5. MPowered closes to new business amid potential sale
In October, AI fintech business, MQube announced a major group restructuring following a strategic review.
The company decided to decouple its technology and lending arms and focus solely on its core technology business.
As part of the move, MPowered announced that it was no longer accept new loan applications, but that all existing mortgage customers and MPowered broker-partners would continue to be fully supported.
