We are very pleased to announce that two new investors have joined our investor base with a combined investment worth approximately £70 million* and that our valuation has nearly doubled to £550 million, only two years after our Series D. We welcome Apis Global Growth Fund III SCSp, the lead investor in the transaction, managed by Apis Partners - a prominent investor in high-growth, impactful global financial services and technology businesses. Amundi - Europe’s leading asset manager - also joins who will be represented by our existing investor Breega (in which Amundi is an investor). Together, both investors will play an important role in accelerating the next phase of development and growth for Moneybox.? The transaction will mainly be facilitated through a secondary share sale, with existing investors selling 10-15% of the current share capital. However, it won’t just be institutional investors who have the ability to sell. We’ve enabled the rest of our shareholder community, including eligible employees, Crowd investors and customer (Reward Shares) shareholders - around 35,000 people - the opportunity to participate and sell 10% of their shareholdings. We’re delighted to be able to facilitate this and recognise the hard work of our team and our investors, many of whom have supported us since inception, to realise some of the value of their investment and benefit from the company’s strong growth trajectory. This transaction highlights Moneybox's strong market position, having achieved our first full year of profitability over a year ago and recently surpassing £10 billion in AUA. In the last fiscal year alone, we’ve successfully scaled revenues by 168% and AUA per customer by 46%. We are excited about the incredible opportunity ahead and will continue our focus helping millions of people build wealth so they can live the life that they want. - Moneybox Co-founders, Ben Stanway & Charlie Mortimer *Subject to approval by the Financial Conduct Authority (FCA).
You deserve every bit of it Moneybox Charlie Mortimer ??. I am a delighted user and a modest shareholder. Keep up the excellent work ??
Nicely done Charlie Mortimer & Ben Stanway ??
Congratulations team Moneybox We are so proud to have been with you at every step since the seed round. From zero to over 1 million customers saving and investing for their future. And so much more to come! Brilliant ??
Fantastic news and power to your elbow, its been great watch you over the years go from strength to strength
Remember the meet & informal pitch 9 years ago, what a feat of intelligence and app work/engineering. Applauding the bold founders and team for creating this value
Great news! Well done to the whole Moneybox team.
Congrats to the Moneybox team. Great milestone. Like many others, I've been a supporter and user for many years and great to see this growth.
Well done Charlie Mortimer and Charlotte Oates
Fintech Investments @ Fidelity International Strategic Ventures
1 个月Amazing achievement guys and many more milestones to come! Congrats Team Moneybox