Smart Pension has taken its current fund-raising efforts up towards £50m after J.P. Morgan's US-based strategic investment group took a minority stake in the workplace pensions provider.
The UK-based fintech is in what it described as "early-stage conversations" with new strategic partners globally in a bid to secure its place as a key player in the UK defined contribution pensions landscape and take its savings platform technology into new markets. In October last year, Smart announced it had won an international competitive tender to deliver a pensions technology platform for New Ireland Assurance, one of Ireland's leading life insurance, pensions and investment businesses. Smart Pension co-founder and CEO Andrew Evans said the J. P. Morgan investment signified a po...
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