The funding round was provided entirely by existing investors Augmentum Fintech and AshGrove Capital to support the acquisition of the Creative auto-enrolment scheme and scale operational capability.
"Our mission is to offer UK savers a convenient, climate-friendly, and great value way to save, through a combination of cutting-edge technology and socially responsible investments. Right now, workplace pensions are simply too complicated, boring, and disconnected from things people care deeply about. Cushon is here to change that, and today’s announcement is a hugely significant milestone for us. The funding will continue to fuel Cushon’s growth, enable us to scale even faster, and accelerate some exciting new features within our app."
The funding round was led by XTX Ventures to support intraday trading integration and European expansion.
"Despite its challenges, the past year has seen our business and sector thrive, demonstrating the increasing demand for investment services from businesses and their customers alike, and the growing shift to digital wealth. The new investment will help us bring our product to a wider audience and expand our platform and help us to achieve our goal of becoming the leading provider of API-based wealth and investment infrastructure across Europe."
The payment technology platform expanded its latest financing round with participation from new strategic investors.
"GPS is an innovative technology company, and we believe their unique position at the heart of the global payments ecosystem ideally positions them to power the next generation of financial services. With the deep network and experience MissionOG brings to the table, we look forward to being a trusted and valued partner of Joanne and the entire team."
The $1bn financing round was supported by a consortium of global investors led by firms such as Altimeter and GIC.
"At our core, we help enterprise merchants to navigate the complexity of moving money around the world, whether in fiat currency or bridging the gap to Web3,"
