Company
Date Published
Author
Keith Grose
Word count
436
Language
English
Hacker News points
None

Summary

PensionBee is working to simplify pension savings by providing an online platform for users to combine their existing pensions into one intuitive and easy-to-use platform. The company has teamed up with Plaid to enable a smooth "click, confirm, and carry on" experience for customers to contribute to their pensions, reducing the time it takes to transfer or contribute funds from two weeks to almost instantaneous. This partnership is part of PensionBee's goal to expand open banking into open finance, allowing users to gain access and control over all aspects of their financial lives. With Plaid's open banking platform, PensionBee will soon integrate with outside financial accounts to provide customers with insights on how to grow their money for the future, based on their actions today.