Thursday, June 26, 2025
24.5 C
London
HomeBankingMoneybox’s valuation climbs to £550m with new £70m investment

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

Date:

Chase Launches Innovative UK Credit Card for More Financial Choice

Discover the Benefits of Chase's New Credit Card Offering...

Indian Fintech Pine Labs Sets Sights on IPO: What to Expect

A Deep Dive Into Pine Labs' Game-Changing Plans and...

Concerns Over Job Displacement Due to AI Among Irish Bankers: Survey Insights

Exploring the Impacts of Artificial Intelligence on the Irish...
  • 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.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories