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Premium Funding, Principal Finance become Arteva

Premium Funding and Principal Finance, which merged at the start of the year, have named the combined company Arteva Funding.

“The rename and rebrand is a significant milestone in our integration journey,” CEO Daniel Gronert said. “Arteva Funding unites our team under the one banner and defines who we are.”

The name change comes with a new logo and visual identity, social media accounts and website for the group, which assists more than 110,000 clients with funding each year.

Arteva Funding has also launched a new broker-facing system, PF LIVE, replacing the existing Premium Funding Pty Ltd system, Red-eFund.

Users will automatically be upgraded to the new system, which simplifies processes, provides real-time client activity updates, a centralised view and improved communication features, offering brokers more data and a tool to assist with growth strategies and transparency.

“Using technology to transform the industry has always been a priority for both Premium Funding and Principal Finance,” Head of Systems and Strategy Ross Hayward said.

“PF LIVE has been built in-house from the ground up and we have involved our broker partners in every step along the way.”