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Founded Year



Series B | Alive

Total Raised


Last Raised

$52M | 2 mos ago

About Perenna

Perenna operates as a digital mortgage bank. It provides mortgages against a promise to pay a fixed monthly payment over a period of time and the firm takes charge of properties as security for the payments. The mortgages are financed by issuing covered bonds on the London Stock Exchange. The platform offers various mortgage solutions such as for life, remortgage, and more. The company was founded in 2018 and is based in London, United Kingdom.

Headquarters Location

The Office Group 20 Eastbourne Terrace

London, England, W2 6LG,

United Kingdom

0203 697 8888


Perenna's Products & Differentiators

    Fixed for Life mortgages

    Mortgage loans that carry a fixed rate for the entire term of the mortgage (likely to be 30 years)


Expert Collections containing Perenna

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Perenna is included in 4 Expert Collections, including Mortgage Tech.


Mortgage Tech

218 items

Companies here streamline and digitize the mortgage lending process. Collection includes direct lenders, mortgage brokers, process optimization technologies for lenders, as well as tools that support borrowers throughout the search and application phases.


Real Estate Tech

2,789 items

Startups in the space cover the residential and commercial real estate space. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and property management, insurance, mortgage, construction, and more.


Digital Lending

2,171 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.



12,502 items

Excludes US-based companies

Perenna Patents

Perenna has filed 2 patents.

The 3 most popular patent topics include:

  • human proteins
  • autosomal recessive disorders
  • diabetes
patents chart

Application Date

Grant Date


Related Topics




Rare diseases, Diabetes, Autosomal recessive disorders, Neurological disorders, Human proteins


Application Date


Grant Date



Related Topics

Rare diseases, Diabetes, Autosomal recessive disorders, Neurological disorders, Human proteins



Latest Perenna News

Perenn debuts flexible long-term fixed rate mortgage product

Nov 15, 2023

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Perenna debuts flexible long-term fixed rate mortgage product 6 minutes ago Source: Perenna Perenna has officially opened up its flexible long-term fixed rate product (‘The Perenna Mortgage’) to new purchase customers and first-time buyers, within its pilot with L&C Mortgages. Perenna launches “highest affordability”1 mortgage in the market to first-time buyers 15 November 2023 - Perenna will lend up to 95% LTV and for fixed-rate terms up to 40 years, helping borrowers lower their monthly payment amount. Perenna will also lend up to six times a borrowers’ income, subject to criteria, which could act as a significant lending boost for many first-time buyers who consistently struggle with affordability. A longer fixed rate term allows borrowers a higher affordability boost compared to those on a short-term fixed rate mortgage. This is because of the way current mortgage products are designed which place all the market risk on borrowers. Once this is removed, through fixing the rate for the entire term, first time buyers could borrow more. This is the innovation Perenna offers. For example, on a £60k joint income, a first-time buyer could borrow up to £355k with Perenna, which is about £70k more than the closest high street lender.2 This could make a massive difference for first time buyers. As a result, borrowers looking to maximise their borrowing responsibly should consider a longer-term fix compared to a shorter-term fix like a 2 year or 5-year fixed rate mortgage. The product also only carries declining early repayment charges (ERCs) for the first five years, making it highly flexible. This gives borrowers certainty that their payments will never increase, as well as allowing them to change when the time is right for them. Interested borrowers can use the calculator at and eligible borrowers will be invited to apply. Colin Bell, COO & Co-Founder of Perenna comments: “We’re really excited to open up the Perenna Mortgage to first time buyers and new purchase customers. FTBs are constantly struggling to get onto the housing ladder due to affordability issues - whether that’s saving up enough for a small deposit or being able to borrow enough to afford a home they really want. The Perenna Mortgage is the complete mortgage product - increased affordability combined with long-term stability and flexibility.” Arjan Verbeek, CEO & Co-Founder of Perenna comments: “We believe in unlocking the power of homeownership without having to sacrifice the amount you can borrow - borrowers should be able to have both their cake and eat it. As we remove market risk from borrowers, customers can borrow what they actually can afford, which in some cases can be on average up to 30% higher than the high street lenders.3 With our full unrestricted UK banking license and recent funding round, we are ready to deliver the much-needed changes in the UK mortgage market, and start delivering better outcomes for homeowners across the country.” Related Companies

Perenna Frequently Asked Questions (FAQ)

  • When was Perenna founded?

    Perenna was founded in 2018.

  • Where is Perenna's headquarters?

    Perenna's headquarters is located at The Office Group, London.

  • What is Perenna's latest funding round?

    Perenna's latest funding round is Series B.

  • How much did Perenna raise?

    Perenna raised a total of $92M.

  • Who are the investors of Perenna?

    Investors of Perenna include IAG Capital Partners, Silverstripe, Tony Mallin and Kevin Flaherty.

  • Who are Perenna's competitors?

    Competitors of Perenna include Atom Bank and 7 more.

  • What products does Perenna offer?

    Perenna's products include Fixed for Life mortgages.


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