Perenna is building an innovative digital mortgage bank that will revolutionise the UK mortgage market
For decades, consumers in the UK have seen very little mortgage product innovation and lending processes remain largely inefficient, inflexible and slow
Our launch product will be a flexible 30 year fixed rate mortgage providing full payment certainty and protecting borrowers against interest rate rises
Our new technology platform is the most advanced in the mortgage market. Mortgages are approved rapidly, and you can track every part of the journey on your mobile
For decades, consumers in the UK have seen very little mortgage product innovation and lending processes remain largely inefficient, inflexible and slow
Our launch product will be a flexible 30 year fixed rate mortgage providing full payment certainty and protecting borrowers against interest rate rises
Our new technology platform is the most advanced in the mortgage market. Mortgages are approved rapidly, and you can track every part of the journey on your mobile
Location: United Kingdom, England, London
Employees: 11-50
Total raised: $40M
Founded date: 2018
Investors 1
| Date | Name | Website |
| - | SilverStri... | iagsilvers... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 27.09.2022 | Series A | $30M | - |
| 20.01.2021 | - | $10M | - |
Mentions in press and media 4
| Date | Title | Description |
| 27.09.2022 | Fintech mortgage lender Perenna lands $30m Series A from IAG Silverstripe | Fintech mortgage lender Perenna has raised $30 million in a Series A funding round exclusively from US venture capital firm IAG Silverstripe, AltFi reports. Perenna lands $30m investment from IAG Silverstripe According to AltFi, now that fu... |
| 20.01.2021 | Flexible mortgages on rise: London fintech Perenna secures £7.3M funding | London-based fintech Perenna aims to represent the next stage in the UK mortgage market journey by delivering the fixed-for-life mortgage lending model’s advantages. In an attempt to bring the fixed-for-life mortgage model into the UK, now ... |
| 20.01.2021 | Prospective UK challenger Perenna lands $10m ahead of Q3 launch | Perenna, a UK challenger bank hopeful, has landed $10 million in funding ahead of securing its banking licence for a Q3 2021 launch. The start-up’s convertible debt funding attracted a host of investors – such as Kevin Flaherty, the former ... |
| 18.01.2021 | Perenna raises $10m to bring fixed for life mortgages to the UK | London-based fintech Perenna has raised $10 million to back its plans to obtain a banking licence and bring "fixed for life mortgages" to the UK housing market this summer. The round was joined by former Deutsche Bank head of stru... |