Financial planning platform Lyfeguard launches in the UK


Lyfeguard, a life planning assistant and document management platform, has launched its FinTech solution in the UK to streamline financial management and planning.

Lyfeguard enables users to store, share and organise important financial information, as well as legal documents, birth certificates, and wills, all through one platform. It then allows this information to be passed securely onto friends, family and trusted advisors, making life and end-of-life management simpler.

The application also includes important reminders and displays reports and insights into key metrics such as financial health, via its financial dashboard. Up-to-date bank and credit card balance totals auto-populates the financial dashboard using Open Banking technology, through its partner Tink.

Lyfeguard sets out to solve the issue of poor personal information storage and management. Research revealed that the average adult spends 5 years and 5 months of their life on ‘life admin’.

Furthermore, there is still £50bn of unclaimed assets in the UK across pensions, banking, insurance and savings, pointing to demand for a simple, all-in-one platform to collate these assets.

Lyfeguard CEO and co-founder Gary Stewart said, “After the recent death of a close friend, I was asked by his family to sort out his estate. I agreed to help of course, but I must admit to being overwhelmed by the task which was made more difficult because of the grief we were all suffering.”

“Not knowing the location of important information was difficult, particularly when it came to financial and legal documentation. This elongated the grieving process making it harder for all involved.”

“I decided then I wouldn’t want to leave my family in a similar position if something happened to me and so, the Lyfeguard vision was born. Now no one should have to struggle with the same problems I did.”

Global embedded business finance platform Liberis has secured an additional €30m funding from Silicon Valley Bank UK to support its European expansion.

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