Cushon acquires Workers Pension Trust after £26m funding raise

Hope William-Smith
clock • 2 min read

Workplace savings fintech Cushon has closed an overall funding round of £26m to finance “rapid expansion plans” and acquired the scheme funder of the Workers Pension Trust (WPT).

Fintech venture capitalist Augmentum Fintech is leading the £6m equity raise while a further £20m in credit facility has been committed from AshGrove Capital - an independent pan-European specialty...

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Hope William-Smith
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Hope William-Smith

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