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Moneybox raises £35 million

admin by admin
27 February, 2022
in wealth
Moneybox raises £35 million

Launched in 2016, Moneybox started life as a means for customers to speculate the spare change from each day card purchases right into a Shares & Shares ISA.

It has since added a spread of saving and funding merchandise and methods to set cash apart, lately hitting £2.9 billion in belongings from greater than 800,000 prospects.

The brand new spherical, which included backing from current buyers in addition to new investor Polar Capital, brings the full quantity of funds raised thus far, to £95.1 million.

Since its final £30 million Collection C fundraise in July 2020, belongings underneath administration have greater than tripled, and the Moneybox staffing roster has doubled to 300 folks.

The 2020 spherical was additionally supported by a crowdfund marketing campaign which raised £7 million from over 16,500 buyers in lower than 48 hours. Moneybox is hoping to repeat the trick with a forthcoming marketing campaign starting subsequent month on Crowdcube.,British financial savings and funding app Moneybox has raised £35 million in a funding spherical led by Constancy Worldwide Strategic Ventures forward of a second crowdfunding marketing campaign in early Could.,

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