PensionBee gathers momentum in the UK and US Business Retirement savings app Pensionbee maintained strong momentum in the first half of the year, expanding its UK reach while laying foundations for US growth. The London-listed fintech reported a revenue jump to £18.9m, up from £15.4m a year earlier. The firm improved its adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) basis to £2.9m. [...]
Self-employed? Don’t forget to set up a pension Personal Finance Self-employment comes with the benefits of being your own boss – you can set your own hours, workload and work from wherever you’d like. However, it also comes with the paperwork that your boss would otherwise handle. While the focus can quickly shift to taxes, it’s crucial not to forget to set up your own [...]
PensionBee: Losses slashed as US expansion helps revenue surge Business PensionBee has hailed a “transformative year” for the listed business as it slashed its pre-tax loss and grew its revenue by almost £10m as it expanded into the US. The company has posted a pre-tax loss of £3.1m for 2024, down from the £10.5m loss it reported for 2023. New figures filed with the London [...]
UK savers back AI on pensions, but ‘not as a substitute for humans’ February 12, 2025 UK savers are open to artificial intelligence (AI) playing a key role in pension customer support. But, most would rather have a combination of AI and human interaction, rather than a fully automated system. A recent survey by pension scheme provider PensionBee found that of its 1,000 participants, 79 per cent favoured a hybrid approach. [...]
Pensionbee maintains positive earnings as fintech raises cash for US growth October 24, 2024 PensionBee sustained positive adjusted earnings last quarter while the online retirement savings provider raised £20m for US expansion.
Pensionbee boss reveals the secret to a successful pension October 22, 2024 Pensionbee CEO Romina Savova has revealed what she describes as the big secret behind a successful pension.
Pensionbee seeks to break into largest defined contribution pension market with US launch July 18, 2024 The US defined contribution market represents around 80 per cent of the global total and is worth $22.5trn in assets.
Pensionbee announces major milestones on path to expansion June 13, 2024 In a stock exchange announcement revealing the milestone, the online pensions provider also said that it had reached over 250,000 invested customers in June.
Pensionbee makes steady progress on major US expansion plans May 24, 2024 Pensionbee says it has made steady progress on its plans to expand into the US as it looks to tap into the world’s largest defined contribution pension market.
Pensionbee proposes US expansion as fintech expects first annual profit in 2024 March 4, 2024 London-listed fintech Pensionbee has announced plans to expand into the US retirement savings market as it nears profitability following a jump in customer numbers.