PremFina gears for growth with investment in tens of millions
Investors have given the tech-led premium finance provider a cash injection in a move that sees it set to challenge Close Brothers and Premium Credit for a top three position in the UK.
PremFina has received a significant cash injection from a variety of institutional investors in order to help the provider drive scale, expand internationally and aggressively develop its UK proposition, Insurance Age can reveal.
It is understood that the investment runs into tens of millions of pounds and will allow the business, which describes itself as a tech disruptor in the premium finance space, to challenge traditional finance organisation such as Close Brothers Premium Finance and
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