Zippen

Zippen, based in the UK, provides a comprehensive solution for individuals to locate and consolidate their pension accounts, enhancing financial clarity and management through innovative technology. Zippen specializes in pension consolidation, helping individuals merge multiple pension accounts into one. Founded in 2017 in London, UK. In July 2025, Wagestream Limited, a portfolio company of Fair by Design Fund, Firestartr, Funding London, QED Investors, Village Global, Balderton Capital, Northzone, Latitude Venture Partners, Ascension, BlackRock, DuckDuckGo, Epic Games, Inc.

, Reddit, Inc. , Smash Capital, SonderMind Inc. , British Patient Capital, and Lombard Odier Investment Managers, acquired Zippen. Zippen offers a streamlined solution for individuals seeking to locate and consolidate multiple pension accounts into a single pot, enhancing overall financial management and transparency.

Their core product revolves around a user-friendly chat bot that assists customers in identifying and merging their pension schemes, which include personal pensions, workplace pensions, and stakeholder pensions categorized as 'money purchase' schemes. This service addresses the common issue of 'lost' pension pots, enabling users to take control of their financial futures with a straightforward consolidation plan designed around their existing pension assets. Zippen's offering primarily serves individual consumers in the UK market, catering to those who wish to reduce administrative burdens and gain clarity on their retirement savings. Zippen operates on a fixed-fee revenue model, charging clients a one-time fee of GBP 245 for the pension consolidation service, irrespective of the total value of the pensions being merged.

Transactions occur when users engage with the Zippen bot, providing personal details to facilitate the identification of their pension pots, followed by a recommendation for consolidation. Clients are charged this fee only if they choose to proceed with the consolidation process. This pricing structure allows Zippen to serve a broad customer base while maintaining clear expectations regarding costs associated with their services, focusing on providing a hassle-free experience combining financial technology with personal financial management. Following its acquisition by Wagestream Limited, Zippen is poised to enhance its offerings by integrating retirement planning into Wagestream’s financial wellbeing platform.

This includes the development of new products aimed at improving users' retirement planning experience. The company is expected to expand its market presence beyond the UK, with specific markets targeted for growth by mid-2026. The recent acquisition will provide the necessary resources and strategic direction to support these initiatives, though financial terms of the transaction remain undisclosed.