2 years ago

Smart Secures $95 Million to Revolutionize Pension Management Globally

  • Smart, a UK-based pension management platform, has raised $95 million in a Series E funding round led by Aquiline Capital Partners

  • Existing investors, including Barclays and others, also participated

  • The funding will be used to fuel Smart's international expansion and support potential acquisitions

  • Despite facing a challenging market, Smart has shown significant growth, with a 65% increase in revenue in 2022

  • The company aims to capitalize on the growing global demand for retirement savings technology.

      • ProblemFinancial Services

      "Keeping track of various pension funds scattered across different providers can be an administrative minefield for employers and employees alike."

      Solution

      "Smart helps employers and employees manage and monitor their pensions via a retirement savings technology platform, called Keystone, and its Smart Pension app, allowing for consolidation, transparency, and clarity."

      Covered on