Penfold teams up with TrueLayer

Thursday 18 March 2021 14:39 CET | News

TrueLayer, a technology company building financial infrastructure, and Penfold, a pension scheme, have partnered to deliver payments for its customers to fund their pension.

Penfold is an FCA-regulated platform that enables customers to set up, manage, and track their pensions online. With a target customer base of freelancers, the self-employed and limited company directors, whose incomes can fluctuate from one month to the next, it provides 6 fund options and allows customers to transfer existing pension points into Penfold completely free of charge.

The company has integrated TrueLayer’s Payments API. Using Payments Initiation, customers can top up their pension whenever they like, through Open Banking payments.

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Keywords: partnership, FCA, API, Open Banking, digital payments
Categories: Banking & Fintech
Countries: United Kingdom
This article is part of category

Banking & Fintech

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