Penfold use case

Using Open Banking to top up your pension

About Penfold

Penfold is an FCA-regulated platform that enables customers to set up, manage and track their pensions online or through its app in a matter of minutes. 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.

What's the open banking use case?

Penfold has integrated Payments API to deliver a seamless user experience. Using Payments Initiation, customers can now top up their pension whenever they like, through secure, seamless and instant open banking payments.

Penfold is powered by TrueLayer

Penfold app screenshots

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