Digitising processes since 2014
HubSolv currently services 90% of companies in the personal Insolvency industry. Every month around 2,000 cases pass through the system and we have worked relentlessly to make this process for debtors and the firms managing their case as automated as possible.
Who we are
HubSolv was founded in 2014 by two school friends, Fraser Hamilton and Lewis Black. Lewis graduated from university with distinction and went on to develop applications and projects for big names like BBC, PwC, CIPD and the Bank Workers Charity. Fraser spent time working as a web developer for Hilton Hotels before moving into the world of insolvency, working for a start-up that grew to one of the largest providers of Trust Deeds in the UK. It was here that they got to work and after many late nights building, revising and tinkering, HubSolv was created.
We made our way into the thriving fintech scene with our thoughtfully designed software and have come a long way since then, continuously innovating and growing at a steady pace. We introduced product enhancements to cater not just for the insolvency industry, but also for debt collection agencies, lending and financial advice firms.
In 2017, we extended our portfolio with our client portal, HubSolv Messenger, which integrates seamlessly with our HubSolv CRM and allows firms to streamline affordability checks, bank statements, ID verification and exchange of documents. In 2019, we were approved by the FCA as Registered Account Information Service Providers (RAISP), which allowed us to integrate Open Banking functionality within our systems and achieve a more secure and reliable service for our customers. Also in 2019, we released the initial version of CreditorDesk, a unique platform to enable creditors and IPs to share case information and documents securely and more efficiently.
Our product innovation has been mostly driven by customer feedback and has proactively followed technologic disruption. We are relentlessly evolving our offer to alleviate common pains in the industry, bringing updates that aim to further streamline and digitise the insolvency process.
We've ranked 33rd in Deloitte's UK Technology Fast 50, which recognises the 50 fastest-growing technology companies in the country. Now, looking at 2020 and beyond, we are making the most of what we have learned throughout our journey to venture into new industry markets that will strengthen the HubSolv network.