Moneybox’s valuation climbs to £550m with new £70m investment

  • Funding Secured: Moneybox raised around £70 million, boosting its valuation to £550 million, an 84% increase since 2022.
  • New Investors: London-based Apis Partners and French asset manager Amundi joined existing backers like Fidelity and Oxford Capital.
  • Secondary Share Sale: The funding is primarily through a secondary share sale, allowing existing investors to sell 10-15% of current shares.
  • Shareholder Opportunities: Moneybox’s 35,000 shareholder community, including crowdfund, customer, and employee shareholders, can sell 10% of their holdings.
  • Significant Milestone: Crowdcube’s Matt Cooper highlights this as the largest secondary liquidity event for a private UK/EU company by the number of sellers.
  • Company Growth: Founded in 2015, Moneybox now has over one million users and a valuation of £550 million, with a new share price of £10.08, up from £5.58 in 2022.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

UK Authorities Tighten Regulations on P2P Crypto Trading

New measures aim to enhance security for crypto traders in the peer-to-peer market.Highlights: UK authorities introduce new regulations...

Citi Wealth Strengthens Services with New AI-Powered Team Member

Citi Wealth Management introduces advanced AI technology for enhanced client experience.Highlights: Citi Wealth Management has launched a new...

Coinbase Lists First GBP Stablecoin, Expanding Market Options

The new stablecoin aims to enhance trading in the UK market.Highlights: Coinbase has launched the first GBP stablecoin.This...

Former Royal Mint Executives Secure Backing for Precious Metals Trading Platform

New platform aims to modernize precious metals trading for investors.Highlights: Former Royal Mint executives launch a new trading...