3 years ago

Moneyhub Secures £55 Million in Funding Led by Phoenix Group

  • Moneyhub, a Bristol-based fintech company, has secured an additional £15 million in funding from Phoenix Group, bringing its total funding to £55 million

  • This follows a previous £35 million investment from Legal & General and Lloyds Banking Group, and a £5 million debt facility from Shawbrook Bank

  • The investment will be used to accelerate Moneyhub's technology development and expand internationally

  • The company provides data, intelligence, and payments solutions, including Open Banking payments, and supports initiatives like the Consumer Duty and Pension Dashboard legislation.

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