3 years ago
Moneybox Raises £6.25 Million in Record-Breaking Crowdfunding Campaign
UK-based digital wealth manager Moneybox has raised £6.25 million in a crowdfunding campaign on Crowdcube, exceeding its initial target of £1 million in just 25 minutes
The company, which has over 850,000 customers and £3 billion in assets under management, plans to use the funds for customer acquisition and new product development
This crowdfunding round follows a recent £35 million Series D funding round.
ProblemFinancial Services
"Many people in the UK struggle to save money and invest for their future, often lacking the knowledge, guidance, and accessible tools to do so effectively."
Solution
"Moneybox provides a user-friendly digital platform that simplifies saving and investing, offering features like automated savings, investment options, and home-buying tools, making wealth building accessible to a wider audience."