£43.0M
The financing round was led by Silverstripe Investment Management to support the rollout of fixed rate mortgage products.
Perenna
Perenna provides long-term fixed rate mortgages powered by a covered bond funding model.
£50.4MTotal raised
Perenna is a bank offering long-term fixed rate mortgages designed to reform the UK housing finance market. The business employs a covered bond funding model to provide stable yields for institutional investors.
Categories
Founders
Hamish Peacocke
CCO and Co-Founder
Hamish brings founding and investment experience from Fortcap and Perenna. His background also includes debt capital markets and securitisation roles at Credit Suisse and BNP Paribas.
LinkedInInvestors
- £43.0M
- £7.4M
Funding history
£7.4M
The London fintech raised capital from a group of private investors to obtain a banking licence and introduce 30-year fixed-rate mortgages.