Digital wealth management firm Moneybox is in the midst of a Series D funding round that has raised £35 million from asset management giant Fidelity, joined by Polar Capital and others, and will launch a crowdfunding round in the coming weeks.
Moneybox co-founder and co-CEO Ben Stanway said the financing will be used to continue building Moneybox’s brand, expand its customer base, launch its first financial planning service, add a wider range of ETFs and introduce crypto investments.
Ben Stanway explained that cryptocurrencies will be expanded through a diversification perspective rather than a speculative one. Moneybox’s crypto plans are still in the early stages of development. Encryption further expands Moneybox’s offerings.
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