Moneybox Raises £35M in Series D Funding

Moneybox

Moneybox, a London, UK-based digital wealth manager, raised £35M in Series D funding.

The round, which brings the total amount of funds raised to date, to £95.1m, was led by Fidelity International Strategic Ventures, with participation from Polar Capital.

The company plans to use these funds to increase its customer base and introduce financial planning services. It also intends to launch an enhanced investing proposition that focuses on long-term wealth generation.

Moneybox, founded by Charlie Mortimer (co-founders), offers a wide range of products and service in the areas of saving, investing and home-buying. All this is done through an app that supports technology and customer support. The company supports a community of more than 800k customers with more than £2.9bn in assets under administration. It now has a staff of around 300, with new additions such as Karen Kerrigan (formerly COO at Seedr), Cecilia Mourain (MD Moneybox Homebuying) and Caroline Murphree (formerly Europe CEO at Wealthsimple), who will join the company next month.

Get latest news from African Startup ecosystem

Latest stories

You might also like...