Good, a UK-based financial savings know-how firm, has introduced on Tuesday that it obtained a strategic funding from Natixis Funding Managers (Natixis IM), a French funding financial institution.
The partnership between the 2 will even lengthen combining their experience to develop and ship main office pension market options within the UK, in addition to within the world markets.
“We’re actually proud to welcome Natixis Funding Managers as a strategic investor in Good,” Andrew Evans, CEO at Good mentioned. “Natixis IM shares our imaginative and prescient of using digital applied sciences to assist enhance outcomes for all savers, and we look ahead to working with Natixis IM as we construct our platform to energy the pensions of the long run.”
Aiming to develop worldwide presence
The fairness stake allotted to Natixis IM is part of the startup’s ongoing most popular funding spherical. The funding got here when the UK fintech is planning for worldwide enlargement, particularly in the US and Australian markets.
Good not too long ago entered right into a strategic partnership with Hyperlink Group, one of many largest Australian Tremendous Fund directors.
Launched in 2014, Good has on-boarded tens of 1000’s of UK employers, providing auto-enrolment obligations and likewise offering office financial savings know-how options in Dubai and the Republic of Eire.
“Natixis IM’s strategic funding helps our bold worldwide progress plans as we glance to department out into the US and Australia following our profitable platform deployments in Dubai and the Republic of Eire carried out earlier this yr,” Evans added.
“Natixis IM’s fairness funding will assist speed up our progress in Outlined Contribution pension markets within the UK and globally whereas additionally serving to to assist the worldwide progress of Good via the wide selection of funding capabilities of our affiliated managers, significantly in different methods,” Jean Raby, CEO, Natixis IM, mentioned.