GPP structure
We use the FCA contract-based route, avoiding Master Trust complexity.
Pre-launch
Raising £234k SEIS
Evaluating Partners
Pension, distributed through payroll.
We acquire employers at £0 CAC by providing premium payroll software for free. Our frontend is built. We are currently selecting the API partners to power our backend.
We do not buy users. We onboard workplaces.
The UK pension market is broken by expensive acquisition costs. By offering employers a powerful, free payroll ledger, we capture the entire workplace pension flow right at the source.
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£0 CAC.
Free payroll attracts the employers and accountants. The employees follow.
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NEST-matched economics.
0.30% AUM plus 1.80% contribution. No extra friction for employers to switch.
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Captured at onboarding.
Every new hire enters the payroll workflow, Pension consolidation can be offered in-flow, Distribution happens before the workplace leaves the system.
Already built
The payroll wedge is already built.
We are not building from scratch. Senvo runs on a white-labeled payroll engine that already powers thousands of UK businesses and processes millions in salary. The frontend is live, battle-tested, and ready to connect.
- Core ledger: Fully HMRC-compliant payroll processing.
- Auto-enrolment: Automated worker assessments and statutory communications.
- Payment routing: Seamless BACS file generation
Compliance stance
Built to be regulated.
We operate an asset-light, structurally sound model. We are currently preparing our FCA Part 4A application and assembling our SM&CR compliance team.
Clean perimeters
Client money flows are strictly defined and overseen by an experienced CCO.
Consumer Duty
Built around transparent, user-approved consolidation. No advice. No paperwork.
Let's build the infrastructure.
Senvo launches as open data, small-pot reform, and scale mandates converge. Partner with us to capture the flow.