Series A · Fintech · London, United Kingdom · Founded 2018
Penfold is a digital pension provider founded in 2018 that has modernized the UK's £7 trillion pensions industry by making retirement saving simple and accessible. The company operates its own proprietary pension platform, serving over 100,000 people and 4,000+ businesses including Paddle and Anthropic. Notable achievements include becoming one of the first digital challengers to receive full FCA permissions for its own pension scheme and growing assets under administration to nearly €830 million by Q1 2025. The company has raised over £15 million in total funding, with its most recent €4.6 million round led by Gresham House Ventures in May 2025.
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