Open banking FinTech Moneyhub has raised $18mn to expand into new markets.
In Brief:
Moneyhub offers open finance data, intelligence and payments solutions.
The latest round was led by Sir Peter Wood’s investment vehicle SPWOne.
Under the leadership of CEO Samantha Seaton, this marks one of Britain’s largest funding rounds led by a woman to date.
What does this mean?
Moneyhub already counts large enterprises and consumers among its customers, but it now wants to build out a full payments platform and expand from its home of the UK to the rest of Europe.
As Sifted points out, Samantha Seaton is now one of the “best-funded women in UK FinTech” having raised a total of $22mn for Moneyhub.
You can hear more from Seaton about how to achieve real gender equality in FinTech on our recent webinar.
