Arrago
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Arrago - overview
Established
2017
Location
Paris, -, France
Primary Industry
Financial Services
About
Based in Paris, France, and founded in 2017, Arrago provides mortgage loans, particularly to senior citizens. As of 2023, the company is headed by its CEO Alexis Rouëssé, who co-founded the firm along with Guillaume Ruhlmann and Nathanaël Le Moal. In June 2023, the firm raised EUR 50 million in venture debt funding from investors. The round was part of a larger EUR 55 million seed and venture debt funding.
The company offers financial solutions such as mortgage life loans (PVH) to elderly people using their property as collateral. This does not require monthly installments to pay, the loan amount can be repaid whenever the loanee wants, in advance. And this PVH is also exempted from taxes and can be accessible everywhere in metropolitan France. The company plans to use the June 2023 funding to strengthen its financing capacity.
Current Investors
Obotritia Capital, LO Capital
Primary Industry
Financial Services
Sub Industries
Mortgage Banking
Website
www.arrago.fr
Verticals
FinTech
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Arrago - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.