Perenna Bank
Latest round
- Series A
Last raised
- Aug 2022
Total raised
- $21M
Investors
- 1
About Perenna Bank
Perenna Bank PLC, founded in 2018, is a UK-based financial institution focused on offering straightforward mortgage products.78 million. Their core product offering includes a straightforward, fixed-rate mortgage designed to ensure predictability in payments without the concerns of rising interest rates or hidden fees. This product is tailored for a diverse clientele, from first-time homebuyers to those looking to remortgage their properties, enabling them to secure financial stability and freedom in their housing choices. Perenna's services are available through licensed mortgage brokers, ensuring that clients receive personalized advice and support throughout their mortgage journey.Perenna generates revenue primarily through its mortgage offerings, which are distributed via partnerships with mortgage brokers. This partnership model facilitates the delivery of customized mortgage solutions to clients, enhancing client engagement and satisfaction. The revenue structure is based on commissions or fees paid by clients upon securing a mortgage, with the potential for repeat business through remortgaging services as clients seek better financial arrangements. The company plans to expand its offerings into new markets, focusing on enhancing its mortgage solutions and reaching a wider audience in the UK.
Who invested in Perenna Bank
1 investor across 1 round
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Funding rounds
Series A
Aug 9, 2022
Amount
$21M
Investors
Questions about Perenna Bank
Who invested in Perenna Bank?
Perenna Bank has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Perenna Bank raised?
Perenna Bank has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Perenna Bank last raise money?
Perenna Bank's most recent round on record is a Series A, in Aug 2022.
What does Perenna Bank do?
Perenna Bank PLC, founded in 2018, is a UK-based financial institution focused on offering straightforward mortgage products.
Where is Perenna Bank headquartered?
Perenna Bank is headquartered in London, UK.
Which VCs invest in companies like Perenna Bank?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Perenna Bank's stage. Their profiles are linked below.
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