Smart Pensions capitalises on the SME Pension regulation and has shown strong growth! Fascinating space the UK Pension market! At the same time several complexities to crack it which makes it also attractive!
FinTech startup Smart Pension has received an undisclosed sum of investment from European asset manager Legal & General Investment Management (LGIM). Although the amount remains undisclosed it is understood to be higher than Smart Pension’s £3.3m Series A round, which at the time brought the company’s cumulative funding to £5m. Mark Zinkula, CEO of LGIM, spoke about the decision to invest in the UK tech company: “In a short space of time, Smart Pension has built a powerful digital platform which has made auto enrolment scalable and affordable for employers and their employees with minimum cost and disruption, thereby making saving for the future achievable for more UK worker