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Moneybox crowdfund launches on May 10th as AUA sails past £3bn

Moneybox crowdfund launches on May 10th as AUA sails past £3bn | Fintech Finance

Moneybox, the award-winning digital wealth manager, will launch its second crowdfunding campaign on May 10th 2022 via Crowdcube. Having recently secured £35m in a Series D funding round, the crowdfund will offer the Moneybox community the opportunity to share in and shape future success, alongside top institutional investors Fidelity International, Oxford Capital, CNP, Breega, Burda, and Polar Capital.

Moneybox has seen exponential growth since its launch in 2016, where its now-famous round ups feature helped thousands of people start investing with just their spare change. Fast forward to today, and Moneybox has brought saving, investing, home-buying, and retirement services together into one simple app, so people can reach their goals and build wealth with confidence throughout their lives.

The platform currently supports more than 800k customers and has more than £3bn in assets under administration.

Key dates to note:

  • Tues, April 26th: Pre-registration opens on the Moneybox website

  • Tues, May 10th: Crowdfund opens for the Moneybox community including existing shareholders, customers, and those who have registered in advance

Together with the Series D investment, any additional funds raised will be used to grow the customer base, enhance the investing proposition, and focus on new, exciting ways to guide and support people with financial planning – for today and tomorrow.

Ben Stanway, Moneybox co-founder, commented: “At Moneybox, we help people achieve their goals and build wealth with confidence throughout their lives, whether that’s buying their first home, saving for a rainy day, investing for their future, or planning for retirement. Since our last fundraise, our customer base has nearly doubled and AUA has tripled to more than £3bn. As Moneybox continues to grow, we want our community to be able to share in our success as we move forward into the next exciting phase of growth.”

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