Moneyshake, a South Wales, UK-based specialist price comparison website for car leasing, raised £500K in funding.
The equity investment has made by the Development Bank of Wales and serial entrepreneur Tim Scholes, a private investor and experienced strategy professional.
The company intends to use the funds to expand in the online car leasing market.
Led by Eben Lovatt, CEO, Moneyshake.com allows people to find the best car lease deals quickly by comparing prices from the UK’s leading providers.
The company is currently a team of four employees and is now looking to expand significantly during the next 12 months creating a range of senior technology, marketing and management jobs in Wales.