Embark Group (Embark), one of the leading UK retirement solutions providers, has been named as part of the Fintech Power 50, which celebrates trailblazing fintech companies.
Embark set out to disrupt the UK investment savings and retirement market, and is being recognised for its commitment to innovation and delivering real customer value through its technology. Embark joins the likes of Tink, the open banking platform, on this year's list and was selected from nearly 1000 fintech businesses.
Embark is continuing to invest in its own solutions as well as the wider fintech community. It is currently working to create a dedicated Fintech Venture Studio in Dundee, with the support and collaboration of the Scottish Government, Scottish Enterprise and other key partners. The ambition is that this will become an innovation centre for technology developments that will be deployed over time by Embark. It will also help grow a diverse group of talented entrepreneurs in Dundee.
Phil Smith, CEO, Embark Group, said:
“Our inclusion in the Fintech Power 50 is recognition of what we have achieved over the past eight years. We are still a relatively young business, which in a short space of time has successfully disrupted the industry and already achieved £40bn in Assets under Administration. Our mission is to advance the UK investment savings and retirement market through technology, and this is fully aligned with the Power 50's celebration of innovation across the Fintech space.”
This year's Fintech Power 50 list was revealed on Tuesday 13 July at 5pm on the main stage of Fintech Week London. The list showcases the most exciting companies and informed individuals in the fintech industry.
About Embark Group
Embark Group is a fast growing, diversified, financial services business and one of the largest retirement solutions providers in the UK. The Group trades under the brands Embark, Advance, Horizon, Stocktrade, Vested and The Adviser Centre and operates a wide portfolio of white label services to the Wealth Management, D2C, Robo-Advice, Retail Banking and Workplace markets.
Providing a combination of deep pension expertise and leading technology integration that covers the areas of Investment Wrap/ Platform, Investment Brokerage, SIPP, SSAS, Multi-Asset Funds, Fund Research and Employee Benefit Consulting, Embark works closely with financial advisers and its intermediary distribution partners to deliver their retail savings and investment propositions to consumers of all levels of affluence.
The Group has more than £40bn in assets under administration on behalf of c425,000 consumer clients, operating across eight UK locations (London, Bolton, Dundee, Edinburgh, Leeds, Leicester, Salisbury and Swindon). Embark has been recognised as one of the most innovative Wealth Tech companies for the past three years.
Fintech Power 50
This year’s Fintech Power 50 list was revealed on Tuesday 13 July at 5pm on the main stage of Fintech Week London. You can find out more details and a full list at www.thepower50.com
The list runs from July 2021 to the end of June 2022.
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