8 years ago
Oval Money Raises £788k in Equity Crowdfunding Campaign
Oval Money, a UK-based startup building an automated saving and crowd investing marketplace app, raised £788k from 1051 investors through a crowdfunding campaign on Crowdcube
The company plans to use the funds to develop a multi-sided marketplace for savings and investment products
Oval Money has already raised €1.2M in funding from Gruppo Intesa SanPaolo, b-ventures, an incubator from Japan’s NTT Docomo, and Bertoldi Group Family Office
ProblemFinancial Services
"people find it hard to save and invest money wisely"
Solution
"Oval Money's app helps users save and invest money by setting aside 'Steps' based on their daily habits and allowing integration with Facebook to save while using the social media platform"