
Pennyworth is a personal finance app aiming to remake banking for the 21st century by providing a digital private banker experience for busy individuals. It offers features like connecting all accounts via Open Banking and AI-driven insights to help users manage money, discover financial improvements, and set savings plans for various goals. The company, founded by former Barclays executives, is working towards becoming an authorized bank in the UK, targeting young professionals and middle managers. They emphasize a subscription-free model and have been featured in publications like Finextra, AltFi, and Fintech Magazine.

Pennyworth is a personal finance app aiming to remake banking for the 21st century by providing a digital private banker experience for busy individuals. It offers features like connecting all accounts via Open Banking and AI-driven insights to help users manage money, discover financial improvements, and set savings plans for various goals. The company, founded by former Barclays executives, is working towards becoming an authorized bank in the UK, targeting young professionals and middle managers. They emphasize a subscription-free model and have been featured in publications like Finextra, AltFi, and Fintech Magazine.
Product: Goals-led personal finance app that connects accounts via Open Banking and provides AI/ML-driven insights and planning
Founders: Jeremy Takle (Co‑founder & CEO) and Ben Harvey (Co‑founder & CPO), both formerly senior leaders at Barclays
Founded: 2020
Recent funding: Equity crowdfunding round announced 2022-06-07
Regulatory status: Registered as a Payment Service Directive Agent of Moneyhub; applying for UK bank authorisation
Limited access to affordable, personalized financial advice and fragmented visibility of personal finances.
2020
Personal finance / Financial planning