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Announced

Completed

NatWest Group completed the acquisition of an 85% stake in Cushon for £144m.

Synopsis

NatWest Group, a major retail and commercial bank, completed the acquisition of an 85% stake in Cushon, a fintech workplace savings and pension company, for £144m. “This is the next exciting chapter for a great British fintech as we join forces with a great British bank. Together with NatWest Group, we can’t wait to drive more positive disruption and innovation in workplace savings and pensions, and help millions more people across the UK build a feel-good future. What a great success story for the UK fintech sector!” Ben Pollard, Cushon CEO and Co-Founder.

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