Pension fintech Jarvis secures £1.8M to tell you when to retire
Summary
The investment will support growth and product development as it integrates with the broader ecosystem of pension-related services.Multiple factors, including people living longer and a cost of living crisis, have led greater uncertainty around retirement age and planning,With the global workforce shifting towards greater financial autonomy, driven by the rise of self-employment and the gig economy more than 50% of the global workforce is projected to be self-employed by 2028. By integrating with payroll systems through its API, Jarvis enables seamless reconciliation of payroll data, simplifying financial management for both employers and employees.Royden Greaves, CEO and Founder of Jarvis said: Over my 15 years in the wealth management space, Ive seen the stark contrast between those who can afford continuous financial advice and the majority who cannot. This investment will support our continued growth as we integrate with the broader ecosystem.Emma Steele, Partner at Ascension VC said: Jarvis is filling a crucial gap in the market by offering vital retirement planning tools tailored for todays workforce. We are thrilled to support Royden and the team as they continue to innovate and expand their offerings to cater to the needs of modern employees. Jarvis recognises that need and has developed an intuitive platform that gives employers the tools to simplify pension management and users the information to not only save for retirement, but shape it.