Moneybox raises £7m in crowdfund round

Latest News

Moneybox raises £7m in crowdfund round

By Hannah McGrath

31/07/20

Savings and investments app Moneybox has completed a £7 million crowdfunding round in just two days.

A total of 16,738 investors participated in the round, making it one of the most successful to have been launched on CrowdCube.

The company said it is planning to use the funds to fuel further growth and build its tools, technology and products.

The crowdfund comes after it announced reaching £1 billion in assets and securing £30 million from professional investors in a Series C funding round.

Ben Stanway, co-founder of Moneybox, said: “Securing this funding enables us to continue to build the products, tools and technology to help people achieve their goals easily - whether it’s buying a house, saving for retirement or just a rainy day.”

The Rise of Instant Payments

Instant payments are creating new business opportunities for banks by providing more touchpoints than ever. With these evolutions underway, Featurespace brought leading industry experts together to discuss how they are protecting customers from fraudsters in real time, utilizing innovative and disruptive solutions to reduce fraud. Click here to find out more.

Offloading Cyber Risk in the Cloud

As cyber attacks and data breaches are in the news on an increasingly regular basis - with regulatory penalties and customer trust on the line for financial services firms - it has never been more crucial to be compliant in the cloud.

This video, with Akamai’s EMEA director of security technology and strategy Richard Meeus, will help explain what your company can be doing to make sure it’s not embroiled in the next big fine or front-page scandal.