Rest Less, a 1,000,000* strong digital community, advocate and financial services platform for people aged over 50, today announces it has secured £6 million in its latest funding round.

The latest funding round was led by Moneta Venture Capital, a leading Israeli fintech fund with additional new investment from Sony Financial Ventures/Global Brain and Exceptional Ventures. The round was boosted by strong demand from existing investors including QED Investors, Viola Fintech, Octopus Ventures, MTech Capital and 1818 Venture Capital.

Rest Less launched in early 2019 with a mission to help people aged over 50 live their lives to the fullest.  Rest Less began as a work and careers site matching age inclusive employers with its member base but has rapidly expanded to offer thousands of tailored articles, guides and advice to support members as they navigate a wide range of midlife transitions including work, health, pensions, relationships and money.

Earlier this year, understanding the specific challenges faced by members regarding access to financial advice,  Rest Less launched Rest Less Mortgages, a whole of market later life lending advice platform offering fee-free advice and Rest Less Pensions, a pension platform designed to close the advice gap.  

Today Rest Less has more than one million members in the UK, a 4.9* rating on Trustpilot and counts UK personality, Davina McCall, aged 55, as its most well known supporter*.  

Stuart Lewis, Co-founder of Rest Less, commented:

“We’re proud that Rest Less has become an essential and trusted resource for today’s digitally native midlifers. With a one million strong community, one in seventeen of all 50 to 70 year olds in the UK is now a Rest Less member. 

‘As a membership led organisation, we are focused on solving the problems that really matter to our community. From day one we have been outspoken advocates for our members, providing them with a platform and a voice, to help shine a light on both the joys and complexities faced by today’s generation of midlifers.”

‘We see huge unmet needs from our members in the areas of work, health and financial services. With this latest funding, we are excited to be able to accelerate investment in our unique financial services offerings in the pensions and later life lending space.”

Sara Stephens, Co-founder and CTO of Rest Less, commented: 

“Historically the tech industry has ignored this large and growing section of society (for anything apart from later life care solutions). This is despite them being an enormous consumer market, controlling over 75% of all household wealth and being chronically underserved in many key dimensions.

‘With an ageing society and all of the UK’s population growth coming from people over the age of 50, we’re pleased to be leading the way in bringing innovative technology solutions to help meet the needs of today’s digitally native midlifers.”  

Adoram Gaash, Co-Founder and Managing Partner at Moneta Venture Capital, commented:

“We are glad to join Rest Less’ journey of building a technology driven services platform for the 50+ generation. We believe in that vision and shall support the addition of more and more Fintech capabilities to the product suite.”

-Ends-

Notes to Editors

Rest Less Financial Services Ltd is an appointed representative of RiskSave Technologies Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN 775330). 

Your capital is at risk – Every investment carries the risk that you won’t get back some, or all of the money you invested. Pensions were created to be long-term savings products that have the potential to grow your money over time by investing it. You must remember however that investments can go down in value, as well as up, particularly over a short period of time. Your pension fund and any income generated from it is not guaranteed.

Past performance is not a guide to future returns – Future returns are not guaranteed. The value of your Pension Plan in the future depends on how much you save into it, how your investment performs over time and the charges applied.

*Rest Less reached one million members in October 2022

*On 21 October 2022, Davina McCall endorsed the Rest Less site on her podcast Making the Cut.  Listen here to her review of Rest Less.

For media enquiries, please contact:

Aisling Gray

Head of Communications

Phone: 07900996065

Email: [email protected]

About Rest Less

Rest Less (restless.co.uk) launched in early 2019 and is a digital community for people in their 50s, 60s and beyond. Rest Less is on a mission to help its members get more out of life and offers content guidance and resources on topics spanning Jobs and Careers, Volunteering, Learning, Money, Health and Lifestyle and Dating.