ARM Pensions - About the company
ARM Pensions is an acquired company based in Lagos (Nigeria), founded in 2005 by Deji Alli. It operates as a Retirement planning and pension management platform. ARM Pensions has raised $50M in funding from LeapFrog Investments. The company has 12 active competitors, including 1 that has exited. Its top competitors include companies like Coronation, Reaprite and CrusaderSterling Pensions.
Company Details
Retirement planning and pension management platform. It allows users to set aside funds as savings, develop financial plans, voluntary contributions, micro pension schemes, and benefits for retirement. Also, provides a portal for onboarding, lifestyle planning, and other solutions for users. The application can be accessed on iOS and Android devices.
- Website
- armpension.com
- Email ID
- *****@armpension.com
- Phone Number
- +234 **********
Key Metrics
Founded Year
2005
Location
Lagos, Nigeria
Stage
Acquired
Total Funding
$50M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 12 active competitors
Employee Count
485 as on May 31, 2026
Exit Details
Acquired by Access Pensions (Jan 25, 2024)
ARM Pensions's acquisition details
ARM Pensions got acquired by Access Pensions on Jan 25, 2024.
Click here to take a look at ARM Pensions's acquisition in detail
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ARM Pensions's funding and investors
ARM Pensions has raised a total funding of $50M over 2 rounds. Its first funding round was on Jun 02, 2014. Its latest funding round was a Series A round on Jun 15, 2018 for $*****. 1 investor participated in its latest round. ARM Pensions has 2 institutional investors.
Here is the list of recent funding rounds of ARM Pensions:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 15, 2018 | 9157480 | Series A | 7515447 | 6056914 | 5582375 | 1154100 |
Jun 02, 2014 | 9864986 | Series A | 5722700 | 8405880 | 2745266 |
View details of ARM Pensions's funding rounds and investors
ARM Pensions' founders and board of directors
Founder? Claim ProfileThe founders of ARM Pensions is Deji Alli.
Here are the details of ARM Pensions' key team members:
- Deji Alli: Founder & CEO of ARM Pensions.
View details of ARM Pensions's Founder profiles and Board Members
ARM Pensions' employee count trend
ARM Pensions has 485 employees as of May 26. Here is ARM Pensions's employee count trend over the years:
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ARM Pensions's Competitors and alternates
Top competitors of ARM Pensions include Coronation, Reaprite and CrusaderSterling Pensions. Here is the list of Top 10 competitors of ARM Pensions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ARM Pensions 2005, Lagos (Nigeria), Acquired | Retirement planning and pension management platform | $50M | 59/100 | |
2nd | Coronation 2015, Lagos (Nigeria), Unfunded | Online platform offering financial products and services | - | - | 39/100 |
3rd | Financial planning and advisory platform | - | - | 34/100 | |
4th | CrusaderSterling Pensions 2004, Lagos (Nigeria), Unfunded | Retirement and pension account provider | - | - | 34/100 |
5th | ![]() Tomx Credit Ibadan (Nigeria), Funding Raised | Financial planning and advisory service provider | - | - | 20/100 |
6th | Stanbic IBTC Pension Managers 2004, Lagos (Nigeria), Unfunded | Online retirement and pension management platform for individuals | - | - | 20/100 |
7th | UTL Asset Management 1966, Lagos (Nigeria), Unfunded | Asset management service provider | - | - | 20/100 |
8th | Chartwell Securities 2007, Ikeja (Nigeria), Unfunded | Tech-enabled company offering financial planning and advisory services | - | - | 16/100 |
9th | Solomonhills 2020, Lagos (Nigeria), Unfunded | Provider of financial services and savings with tools | - | - | 16/100 |
10th | Circle Wealth 2022, Lagos (Nigeria), Unfunded | Wealth management platform | - | - | 16/100 |
Looking for more details on ARM Pensions's competitors? Click here to see the top ones
ARM Pensions's Investments and acquisitions
ARM Pensions has made no investments or acquisitions yet.
Reports related to ARM Pensions
Here is the latest report on ARM Pensions's sector:
News related to ARM Pensions
•
Synopsys extends Hardware-Assisted Verification portfolio with two new productsDCD•Feb 13, 2025•Synopsys, AMD, ARM Pensions, Nvidia and 1 other
•
Chip tech provider Arm narrows full-year forecast, stock plungesThe Star Online•Feb 06, 2025•ARM Pensions
•
DeepTech startup Astral Systems raises €5.3 million to commercialise fusion technologyZephyrnet•Feb 06, 2025•Astral Systems, Speedinvest, Playfair Capital, Astral Systems and 3 others
•
•
OpenAI and SoftBank Forge Deal to Transform Enterprise AIFintechmagazine•Feb 05, 2025•OpenAI, SoftBank Group, ARM Pensions, SoftBank
•
UK tech funding reaches six-month high in January amid AI investment surgeUKTN•Feb 05, 2025•Synthesia, ElevenLabs, iplicit, Checkout.com and 2 others
•
SoftBank will fund OpenAI with $40BAlBawaba•Jan 31, 2025•SoftBank, OpenAI, DeepSeek, ARM Pensions and 2 others
•
Access ARM Pensions Reassures Clients Of Quality Services Post-mergerLeadership•Oct 09, 2024•ARM Pensions, Access ARM Pensions
•
Access Holdings Plc Secures Majority Stake in ARM Pensions ManagersInvestors King•Jan 29, 2024•Access Holdings, ARM Pensions
•
Puraffinity Receives Innovate UK Grant for PFAS TreatmentBusiness Wire•Apr 21, 2022•Puraffinity, Gov, ARM Pensions
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