UK tech firm PremFina raises $36m from Rakuten, others

UK tech firm PremFina raises $36m from Rakuten, others

A staff of Rakuten Cafe is seen under a logo of Rakuten Inc at a shopping district in Tokyo August 4, 2014. REUTERS/Yuya Shino

PremFina Ltd., a U.K. firm that provides software to insurance brokers, raised $36 million in its first round of funding as founder and serial entrepreneur Bundeep Singh Rangar seeks to expand the company, according to people with knowledge of the matter.

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