Penfold

Investor: Gresham House Ventures

Gresham House Ventures has led a £3.9m investment round in Penfold, a UK digital workplace pension platform, to support expansion across SME and accountancy markets.Summary of transaction details:Value: £3.9mSector: FintechAdvisor: Not disclosedKey Entities: Penfold; Gresham House Ventures; Baronsmead VCTs; Mobeus VCTsLocation: United KingdomNote: The investment is intended to help Penfold scale its UK presence, enhance its pension app, and capitalise on growing demand for digital pension administration and SME-friendly salary sacrifice services.