Moneybox, a saving and investing FinTech for consumers, has raised £35mn.
In Brief:
The Series D round was led by Fidelity International Strategic Investors.
It comes as Moneybox has around 800,000 customers.
The business will also launch a crowdfunding campaign in early May.
What does this mean?
Having raised a successful venture round, why is Moneybox planning to crowdfund again? The app is very much consumer focused and the current task is maintaining trust with customers who use its popular saving options as it attracts them to newer aspects such as investing products.
