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"