Welsh AI startup raises £300,000 through crowdfunding

May 06, 2020 | FinTech

Written by FinTech Alliance

Welsh AI startup raises £300,000 through crowdfunding

North Wales FinTech monva has raised £300,0000 on Crowdcube.

In Brief:

  • Monva offers an AI powered comparison service.

  • Its “money saving assistant” is called mo.

  • The FinTech is backed by the Development Bank of Wales.

What does this mean?

The startup has exceeded its initial target of £250,000, and will continue fundraising for the next couple of weeks. The platform which aims to compare different financial products so consumers get the best deal has experience at the helm, led by ex MoneysuperMarket and Virgin Money execs.

Read more here.

 

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