Nude was acquired by the mortgage company Tembo Money on the 2 February 2024 and as part of the acquisition the Tembo brand replaced the Nude brand.
Nude has always had one goal - to help first-time buyers save a deposit sooner, and with Tembo’s help our customers can not only save for a deposit but also get expert mortgage advice when the time comes to buy. Tembo’s mission is to build the leading homebuyer platform to provide the fastest route to homeownership for first-time buyers. This acquisition marked an exciting next chapter in making that vision a reality. Together, we can help first-time buyers become homeowners faster, and continue to make home happen for the next generation.