9 years ago
Moneybox Secures €1.58 Million in Pre-Launch Funding
Moneybox, a London-based startup, has secured €1.58 million in pre-launch funding, bringing its total to €4.29 million
The app, set to launch in August, allows users to round up spare change from card transactions and invest it in tracker funds within a Stocks & Shares ISA
The funding round was led by Oxford Capital Partners, joining existing investors Samos Investments and high-profile individuals from the technology and finance industries
Moneybox aims to revolutionize how people save and invest for their future.
ProblemFinancial Services
"many people struggle to start investing because of high minimum investment requirements or complex products"
Solution
"Moneybox enables users to round up their digital spare change and invest it into three tracker funds within a Stocks & Shares ISA, making it easy to start investing with as little as €1.17"