3 years ago
MoneyBox Secures £35 Million to Expand Digital Wealth Management Services
UK-based digital wealth manager MoneyBox has raised £35 million in a Series D funding round led by Fidelity International Strategic Ventures
The investment will be used to introduce new financial planning services, expand into cryptocurrency investment options, and grow the company's team and operations.
ProblemFinancial Services
"Many people in the UK struggle to save for their future, especially for retirement and home buying. They lack access to easy-to-use, affordable financial planning services and investment options."
Solution
"MoneyBox provides a user-friendly mobile app that allows people to save and invest in various products like Lifetime ISAs, personal pensions, and stocks and shares. They are now expanding to offer financial planning services and crypto-investing options, making it easier for people to diversify their portfolios and build long-term wealth."
