Moneybox

wealthtech (retail)personal finance management

FOUNDING YEAR: 2015
LOCATION: United Kingdom
Last Update: 01/05/2020

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About

Moneybox is a trademark of Digital Money, a mobile savings and investment app that enables users to round up the digital spare change from everyday card transactions and invest that change into some simple tracker funds within a Stocks & Shares ISA. It enables users to start investing from as little as £1. The company is in beta version as of Aug 2016.

Focus

PRODUCTS & SERVICES

Savings & Investment app. The app make it easy for millennials to save and invest.

REVENUE MODEL

The company charges a fixed subscription fee of only £1 per month and 0.45% of the value of your investments per year.

MAIN CLIENTS

Retail online customers.

Traction

VALUATION / MARKET CAP:

$20 M in 2016

People

FOUNDERS

Charlie Mortimer

Ben Stanway

BOARD MEMBERS AND ADVISORS

Daniel Godfrey

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Eight Roads Ventures

Oxford Capital

Samos Investments

Momentum

FUNDED

YES

TOTAL FUNDING

$23.3 M

DATE OF LAST FUNDING

Jul 2018

TOTAL FUNDING COMMENT

The company will use the fund to expand the team from 30 to 60 staff, all based within the startup’s London base on Southbank. (July 2018)

SEED & PRIOR FUNDING

$4.75 M

SEED CLOSED ON

Jul 2016

FUNDING SERIES

SERIES B  · $18.55 M  · Jul 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2015

LOCATION:

United Kingdom

Views:

66 VISITORS | 151 VIEWS
LATEST FUNDING ROUND

$23.3 M

TOTAL EMPLOYEES
11-50

About

Moneybox is a trademark of Digital Money, a mobile savings and investment app that enables users to round up the digital spare change from everyday card transactions and invest that change into some simple tracker funds within a Stocks & Shares ISA. It enables users to start investing from as little as £1. The company is in beta version as of Aug 2016.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
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