Jungo is expected to enter the market in the first half of 2018. Jungo is an initiative of IT company Topicus and was founded in 2015.
Jungo is an online platform which enables crowd-investors to invest directly into individual Dutch mortgages. Using intelligent technology, Jungo connects supply and demand which benefits both the home buyer and the investor. The crowd-investors help home buyers obtain a low-cost mortgage, whilst making a healthy return for themselves.
Jungo already had access to technology and expertise through its shareholder and IT partner Topicus. Now with the help of Aegon, Jungo has also managed to secure a strategic partner in the financial world.