3 years ago

Fintech Startup Penny Secures £4 Million Seed Funding to Simplify Pension Management

  • Bristol-based fintech Penny has secured £4 million in seed funding

  • The round was led by Google's AI investment fund, Gradient Ventures, and joined by Monzo co-founder Tom Blomfield

  • Penny's mobile app helps users track and combine their pensions into one account, addressing the issue of scattered pensions and potential fees.

      • ProblemFinancial Services

      "People don't know where their pension money is, and they are losing money to fees."

      Solution

      "Penny is a mobile app that tracks people's pensions and combines them into one account, making it easier to manage and save money."

      Covered on