Timeline secures £1.8m in seed funding from FNZ to scale retirement planning software
The funding round was backed by FNZ alongside industry executives and existing investors to expand enterprise capabilities.
UK financial technology company that develops an end-to-end planning platform and model portfolio service for independent advisers. Founded in 2018, it aims to help people approach retirement with financial confidence.
Timeline has secured £1.8m in a seed funding round featuring FNZ as a minority investor. The capital injection includes participation from industry executives Alan Smith, Anthony Morrow, and Andrew Hart, alongside existing backers Jason Butler, Adam Seale, and Tim Wright. The company intends to use the funds to scale delivery of its digital retirement income planning software and expand enterprise capabilities. The investment follows growing international demand for advanced decumulation tools as global demographics shift.
Investor perspective
"FNZ remains committed to solving the problems faced by consumers of long-term savings products, by using our own technological and servicing capabilities and by supporting wider independent innovations in the sector. We are building an ‘App Store’ for our platform customers, enabling startups and third-party providers to seamlessly connect with platforms and provide services to platform users – promoting choice within the wealth management solutions market."
Adrian Durham
FNZ Group CEO, FNZ
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Categories
About the company
Timeline
Timeline provides financial planning technology and model portfolios for advisers.