FinTech start-up Compound, a next-generation workplace pension provider, has secured £500K in funding from Fuel Ventures and special advisor Paul Rippon (co-founder of Monzo).

This investment targets a broken £480 billion market where poor user experience means high employee opt-out rates (up to 17% for younger workers), causing people to miss out on vital tax breaks and long-term wealth-building growth.

Compound solves this by offering the user-friendly Compound App, which combines a digital “find and combine” pension tool with superior UX, finally making personal wealth visible and engaging. This product-first approach has already delivered an industry-beating employee opt-out rate of just 1.6%.