PensionBee Group PLC (GB:PBEE) has released an update.
PensionBee Group PLC reports a robust Q1 2024, with Assets under Administration growing 44% to £4.9bn and a 22% increase in Invested Customers to 240,000. The company’s strategic marketing investments and product innovations have led to high customer retention and a 42% revenue boost, setting a confident track towards achieving full-year profitability. PensionBee’s continued focus on scalable technology and efficient customer acquisition positions it well for sustained growth in the UK’s £1.2 trillion transferable pensions market.
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