Capita and Munnypot announced partnership

Capita and Munnypot announced partnership
01.06.2018 12:49 pm

Capita and Munnypot announced partnership


The award-winning, robo-advice investment platform, Munnypot, announced today that it’s entered into a strategic ‘scaling partnership’ with Capita.

Under the terms of the agreement, Capita has become a shareholder in Munnypot in return for a long-term relationship providing business development services.

In addition to its established direct to consumer service, Munnypot also focuses on providing its solution as a white label product. Through this partnership, Munnypot will work with Capita to design solutions for wealth management firms, allowing them to go to market with a best in breed robo-advice solution in less than 100 days. Capita will also support Munnypot to help ensure they continue delivery excellence as they scale up. 

CEO and Co-founder of Munnypot, Andrew Fay, said “We’re excited to work with Capita’s scaling partner team. We have a market leading proposition and have had great success delivering our solution for Jyske Bank. But this relationship with Capita marks a significant milestone for Munnypot and opens the door to many more opportunities. Clients can now transact with us, knowing that we’re still the same independent, innovative, agile business but with the comfort of knowing we have the support of Capita plc as a shareholder.”

CEO of Capita plc, Jonathan Lewis, said “Our partnership with Munnypot creates a relationship that is of strategic value for our clients, Munnypot, and for Capita. We are enabling our financial services clients to address the growing digital savings market in an effective way, helping a dynamic start-up to achieve critical mass and create sustainable UK based digital jobs, and we’re continuing to innovate and strengthen the digital platforms we offer to our clients to deliver real value and create future sustainable growth.”

Related News

Addison Lee Employment Appeal Tribunal against driver's employment classification set for Thursday 21 June

One would hope after the high level of employment tribunal victories centring around precarious, gig and bogus self-employment that companies, apps and investors would... Read more »

Penta Launches New Product Team Access

Digital banking fintech Penta has launched a new product called, Team Access. Founders can now order team MasterCards for... Read more »

Logistics Service Provider B+S Logistik Achieves Rapid Ecommerce Growth using Descartes pixi* Warehouse Management Solution

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that B+S Logistik (B+S GmbH Logistik und Dienstleistungen), a... Read more »

Siemens awarded Atos major application management contracts to drive digital transformation program

Siemens has awarded Atos with two large contracts covering Application management services as well as Technical production support, most of those representing a new scope... Read more »

Profile Software silver sponsor at the FinovateEurope in London

Profile Software, an international financial solutions provider, announced today that it is showcasing its pioneering and award-winning Banking and Investment Management... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App