Jarvis, a pioneering pension fintech company based in London, UK, is making significant strides in the realm of retirement planning by empowering employees to take charge of their financial futures. Recently, the company successfully raised £1.8 million in funding, a notable achievement that will aid in its mission to enhance its offerings. The funding round was led by Ascension VC and Cornerstone VC, both of which are known for supporting innovative fintech initiatives. Additionally, the Tokio Marine Future Fund participated in this significant round, reinforcing the confidence in Jarvis's business model and growth potential.
At the helm of Jarvis is CEO and Founder Royden Greaves, whose vision for the company centers around providing a seamless and effective auto-enrolment workplace pension service.
Jarvis has developed a comprehensive retirement planning solution that integrates two key components: the Jarvis Pension and a user-friendly app. The Jarvis Pension feature allows users to manage both personal and workplace “jars,” facilitating a centralized approach to pension management. This unique structure enables employees to keep track of their pensions and contributions effortlessly, all within a single platform, revolutionizing the way individuals prepare for their ideal retirement.
Furthermore, the Jarvis app plays a crucial role in providing users with real-time insights into their retirement goals, thereby streamlining the entire pension management process. Users can establish retirement budgets, plan for joint retirements, consolidate their old pension schemes, and adjust their investment risk profiles—all through a few taps on their smartphones. The app goes beyond basic pension management by integrating broader financial data, including factors such as the cost of living, prevailing tax rates, and inflation trends. This holistic approach not only simplifies retirement planning but also equips employees with the critical insights necessary to make informed decisions about their financial wellbeing in the long term.
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