PensionBee, a UK based pensions FinTech, has reported 110% year on year revenue growth.
In Brief:
PensionBee listed on the London Stock Exchange earlier this year.
It raised £55mn in doing so.
Additionally, in the nine months to September 2021, its revenue has hit £8.9mn.
What does this mean?
PensionBee has seen its losses increase from £7.2mn to £11.9mn YoY, but has continued to grow its customer base, reaching 602,000, and assets under administration.
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This partnership marks a significant milestone as PayPal remains one of the preferred payment options for Mollie's customers
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