PEXA is a secure digital platform that handles financial settlements and title lodgement simultaneously. We are at the heart of the property transaction, where money is exchanged for home ownership – delivering that moment with certainty, security, and confidence.
Our UK platform is purpose-built to address the nuances and challenges of the UK property market, helping reduce time and risk in the property settlement process. Our integrations with both the Bank of England and HM Land Registry grant us a unique capability to process settlements and title lodgements seamlessly for the benefit of lenders, conveyancers and consumers.
We understand that the UK market is complex. We also recognise that there is no single solution, so we are collaborating closely with lenders, conveyancers, third-party providers, industry regulators, and the UK Government to help build the foundations of a more certain, secure, and confident property market.
Our approach is tried and tested in Australia. Our goal was to modernise the AU$10 trillion residential housing market by reducing process times, paperwork, and margins for error. Today, our proven technology is used in more than 90% of all property transactions in Australia, helping 20,000 families a week settle their homes safely and efficiently.
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PEXA has published its financial results for the year ending June 2022, with the Australia-based digital property settlements platform posted a 27% growth in revenue. The results also showed a growth in transfer market penetration,
PEXA, the Australian-founded fintech that enabled the world’s first fully digitised property settlement process, today announces the successful development of a brand new payment scheme – PEXA Pay. At the same time, PEXA has partnered
