About Premium Credit
Premium Credit is a Financial Services company based in Kingston Upon Thames (United Kingdom) founded in 1988, and was acquired by TowerBrook in May 2022. Insurance premiums are financed online for individuals and businesses. The company has 396 employees. Its website premiumcredit.com draws about 392 thousand monthly visits. Premium Credit offers products and services including Personal Insurance Finance, Business Insurance Finance, and School Fee Plan. Its focus areas include FinTech, Internet First Insurance Platforms, Consumer Insurance Management and Premium Financing. Its legal entity is Premium Credit Ltd.
Company details
Premium Credit was founded in 1988 as an online platform specializing in insurance premium financing. Installment credit options are offered to individuals and businesses for consumer and commercial insurance policies. Additional financing is provided for non-insurance items, including golf club memberships, school fees, professional fees, subscription services, commercial charges, and audit fees. Operations focus on the financial services sector without specified geographic limitations.
- Headquarters Kingston Upon Thames, United Kingdom
- Employees 396
- Stage Acquired
- SectorsFinancial Services
- Website category Finance · Insurance
- Email••••••••
- Website premiumcredit.com
- Social LinkedIn X
- Acquired by TowerBrook (May 2022)
- Legal Name Premium Credit Ltd
- Annual Revenue$141.96 K (USD)as on Dec 31, 2020
- Net Profit$58.31 K (USD)as on Dec 31, 2020
- InvestorsMbna
& 3 more
- Employee Count396
- Acquired by
Products & Services of Premium Credit
Premium Credit offers a comprehensive portfolio of products and services, including Personal Insurance Finance, Business Insurance Finance, and School Fee Plan.
Financing option for paying insurance premiums in installments
Service to spread costs of business insurance payments
Monthly payment solution for independent school fees and extras
Investors in Premium Credit
Premium Credit has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Mbna, GTCR Chicago Private Equity Firm and TowerBrook.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments and firm management in Chicago. | gtcr.com | |||
TowerBrook is engaged in private equity and impact investments. | 2000 | towerbrook.com | London, United Kingdom | |
Private equity investments and portfolio management services are provided by Cinven across various sectors. | cinven.com | |||
Co-branded credit card provider | 1993 | mbna.co.uk | Wrexham, United Kingdom |
Investor details for Premium Credit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Timeline of Premium Credit
5 dated milestones of Premium Credit across 34 years, from founding to its latest funding, stage changes and deals.
- Founded Premium Credit is founded.
- Exit Acquired by Mbna.
- Exit Acquired by GTCR.
- Exit Acquired by Cinven.
- Exit Acquired by TowerBrook.
Web traffic of Premium Credit
The website of Premium Credit (premiumcredit.com) receives about 391.7K visits a month and ranks #96,529 among all websites worldwide, #6,036 in Insurance.
- Monthly visits391.7K
▲ 16% vs previous month
- Unique visitors133.3K
per month
- Global rank#96,529
among all websites
- Category rank#6,036
Finance · Insurance
- Bounce rate25%
- Pages per visit6.0
- Average visit2 min 25 sec
- DevicesDesktop 21% · Mobile 79%
Websites whose visitors overlap most with Premium Credit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| endsleigh.co.uk | 100% | 12.2K | #2,041,473 | View details | |
| goskippy.com | 96% | 400.1K | #107,192 | View details | |
closebrotherspf.com | closebrotherspf.com | 92% | #463,718 | – | |
| insurethebox.com | 88% | 12.9K | #993,541 | View details | |
| carfinance247.co.uk | 70% | 692.7K | #78,135 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Premium Credit
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 15 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
2 companies that operate in the same segment as Premium Credit (Alternative Lending) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M |
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Related news about Premium Credit
Complete news archive for Premium Credit
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Frequently Asked Questions about Premium Credit
Premium Credit was founded in 1988.
Premium Credit is headquartered in Kingston Upon Thames, United Kingdom.
Premium Credit has 396 employees.
Annual revenue of Premium Credit is $141.96K as on Dec 31, 2020.
Premium Credit was founded in 1988 as an online platform specializing in insurance premium financing. Installment credit options are offered to individuals and businesses for consumer and commercial insurance policies. Additional financing is provided for non-insurance items, including golf club memberships, school fees, professional fees, subscription services, commercial charges, and audit fees. Operations focus on the financial services sector without specified geographic limitations.
Premium Credit offers Personal Insurance Finance, Business Insurance Finance, and School Fee Plan.
Premium Credit has 4 investors. Key investors include Mbna, GTCR Chicago Private Equity Firm, TowerBrook, and Cinven.
Premium Credit operates through Premium Credit Ltd.
Yes. Premium Credit was acquired by TowerBrook in May 2022.
The website of Premium Credit receives about 392 thousand visits a month and ranks #96,529 among all websites worldwide.