2 years ago

UK Mortgage Startup Perenna Raises $52 Million

  • Perenna, a UK-based mortgage market company, raised USD $52M in funding

  • The round was led by Silverstripe Investment Management with participation from and others

  • The company intends to use the funds to roll out fixed-rate mortgage products and improve the financial infrastructure of the region

  • Perenna is building an innovative digital mortgage bank whose launch product will be a flexible 30 year fixed rate mortgage providing full payment certainty and protecting borrowers against interest rate rises.

    • ProblemFinancial Services

      "providing full payment certainty and protecting borrowers against interest rate rises"

      Solution

      "launch product will be a flexible 30 year fixed rate mortgage"

      Covered on