Our crowdfund is closed!

We raised £1.9m from 900+ investors. Thank you to everyone that invested, we've been overwhelmed by your support!

We'll be investing our crowdfund alongside our wider Series A to continue building our next-generation pension platform that helps everyone save more for retirement.

If you would like to be updated about future crowdfunds, please register below.

Register interestInvestment is fully EIS eligible. Capital at risk.

We're making great progress

And we aren't slowing down.

£14m investment raised

25,000+ active customers

£90m+ assets under administration

4x customer assets year-on-year


Join our mission to fix pensions

Traditional providers make saving for retirement too difficult. Outdated technology and endless jargon leaves people confused and disengaged.

So we built a modern, easy to use pension that has already helped over 25,000 customers save more than £90m for later life.

Since our last crowdfund, we launched our workplace pension, finally engaging employees with their auto-enrolment savings and rethinking pensions for HR and Finance teams.

But this is just the start. Our mission is to be the pension that stays with people throughout their life and gets millions more people saving enough for retirement.


Backed by the best

So far, we've raised £5m for our Series A. This brings the total investment raised to £14m from some of the most experienced fintech investors and entrepreneurs in Europe. Our investors include venture capital firms Plug & Play Ventures and Force Over Mass Capital, as well as early backers in some of technology's biggest names.

What’s next for Penfold

Since our first crowdfund, which sold out in less than 24 hours last year, we've launched our B2B workplace pension, taking it to over 150 businesses with over 6,500 staff already, alongside our 20,000 individual customers.

We're now raising our Series A to build on this momentum and fund our next exciting chapter of growth.

This investment will enable us to scale our Workplace pension and continue to invest in improving our product and customer service.


Investor rewards

Pilot: £10+

Every investor receives a badge in the Penfold app and invitations to the beta list for early access to new and premium features.

Captain: £500+

Everything from Pilot and 0.5% off fees from 1st September to 30th November.

Astronaut: £1,000+

Everything from Pilot and 0.5% off fees from 1st September to 28th February.


Crowdfund FAQs

Remember your capital is at risk

This is not an investment commitment at this stage - once you have registered your interest, we’ll be in touch via email when our campaign is open for investment.

We believe investing should be for everyone, but it is important to remember your capital is at risk. Your investment could be locked up for a long time, as you don’t get a return until we exit (i.e. we’re bought or go to market in an IPO). Approved as a financial promotion by Crowdcube Capital Ltd. authorised and regulated by the FCA (No. 650205).

Most countries in the world including the UK and the rest of Europe are embracing equity crowdfunding as a progressive way of allowing individuals to invest in the businesses they believe in and thus support innovative companies to grow. However equity crowdfunding is regulated quite differently in the USA, Canada and Japan so if you are from one of these countries please contact us on invest@getpenfold.com.

Get in touch

Call our support team

020 8003 5908

7:00am — 4:00pm Monday to Friday

Chat live with us