Moneybox, a London, UK-based digital wealth manager, raised £35M in Series D funding.
The round, which brings the total amount of funds raised to date, to £95.1m, was led by Fidelity International Strategic Ventures, with participation from Polar Capital.
The company intends to use the funds to growth its customer base, introduce financial planning services and launch an enhanced investing proposition focused on long-term wealth generation.
Launched in 2016 by co-founders Ben Stanway and Charlie Mortimer, Moneybox provides a range of products and services across saving, investing, home-buying, and retirement, all within an app, supported by technology and customer support. The company supports a community of more than 800k customers with more than £2.9bn in assets under administration. It has a team of c.300 people including new entries as Laurel Powers-Freeling as Chair of the Board, Karen Kerrigan, formerly COO at Seedr, Cecilia Mourain, MD Moneybox Home-buying and Caroline Murphree, formerly Europe CEO at Wealthsimple, who will join next month.