Moneybox

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).

2024 has been the biggest year yet - for us and for our customers! Here’s a round up of everything we achieved together this year. Our customers really took advantage of all the ways to save a bit extra with Moneybox: 💳 They saved £61 million just from rounding up their purchases 💸 On average, people with a payday boost set up managed to put away an extra £586 this year 🤯 Collectively, our customers spent more than 308 years in the app in 2024 We released lots of new features and product updates to support our customers on their wealth-building journey, replied to more than 700,000 queries from customers, campaigned for first-time buyers at the Labour Party Conference, and began rolling out our new brand identity. We also reached £10bn in assets under administration, and saw our valuation nearly double to £550 million - only two years after our Series D. Best of all, we were able to share our success with the people who have supported Moneybox over the years. Our secondary share sale gave institutional investors and our shareholder community, including eligible employees, Crowd investors and customer shareholders - around 35,000 people - the opportunity to realise some of their investment in Moneybox. It’s been an incredible year (swipe for some highlights!) and we want to say a huge thank you to all of you for being part of it. Here’s to 2025!

2024 brought political change both at home and abroad, but also increased economic stability as the Bank of England got a handle on inflation and interest rates started to come down.   What are your predictions for 2025? 🔮

We’re excited to share that we’re introducing some changes to the Moneybox brand! We’re starting with some updates across our colours, fonts and illustration style, which you’ll see in the app and on the website from today. We’re also pleased to announce the rollout of our new Wealth tab, which will replace the Accounts tab, over the next few days. Here you’ll still be able to find the same list of your accounts but with much more. Update your app to the latest version to explore what’s new, and remember to check back regularly as we’ll be making even more updates and improvements as we head into the new year and beyond! We’re proud to be helping more people than ever work towards more of their goals, and want to make sure our brand is future-proofed as we continue to grow with our customers. Our mission has always been to create a service that helps people build wealth with confidence so they can create the life they want. As we look to the new year, that mission remains the same and we’re excited for you to start exploring the updated Moneybox app experience. Looking back, 2024 has been a year of milestones for us. We welcomed our 1,500,000th customer, helped over 45,000 people to buy their first home, replied to over 700,000 queries from our customers, campaigned for First-time Buyers at the Labour Party Conference, and were even named a Which? Recommended Savings Provider.* As we go into 2025, we’re more excited than ever about what’s to come! Thanks for being part of the journey so far, we’re delighted to have you with us. Source: Internal Moneybox data, Dec 24

We're very proud to have been named a Which? Recommended Provider for our savings accounts! 🎉 This prestigious endorsement is earned through a combination of highly satisfied customers and consistently close-to-market-leading rates. Which? surveyed over 4,500 people to give 37 providers a customer score and ratings in areas including customer service, communication and the quality of their banking app. They also compared savings interest rates on more than 5,000 accounts from 120 providers over a 12-week period.    We topped the table for customer scores, receiving a maximum five stars for the Moneybox app. Plus, we scored highly for our consistently competitive interest rates. 🙌 This recognition is a testament to the hard work of the Moneybox team to provide our customers with the best possible app experience and help them achieve their financial goals. You can learn more and see the full table here: https://lnkd.in/eHt2Ga4x

Everyone at Moneybox gets one volunteering day each year that they can use to support a cause or organisation they’re passionate about. Here are some of the ways that the team have been making an impact in their communities this year: 🌱 Sharon Coleman transformed a local primary academy's outdoor space with vegetable allotments. 🤝 Another team member partnered with Cherwell Council & ICTS for important community safety checks. 🐈 Domenica Giorgianni helped to care for the cats at the Oxford Animal Sanctuary after sadly experiencing the loss of her own pet earlier this year. 🍎 William Holmes and a group of Moneybox team members came together to lend a hand at Euston Food Bank. If you know of an organisation that could benefit from some extra volunteers, let us know in the comments! #Moneybox #Volunteering

Introducing Goals! 🎯 Our newest feature makes it easier than ever to keep track of your money as you build your wealth. Select your goal, and we'll suggest accounts to help you achieve it, as well as showing you how you’re tracking over time. Head in-app to set up your first goal - just make sure you’re using the latest version before you get started. 📲 #NewFeature #FinancialGoals #PersonalFinance

At Moneybox we're helping more than a million customers turn their money into something greater - and we’re looking for team members to help us do that. We're currrently hiring for the following roles: 🔹 Senior Organisational Development (OD) Manager 🔹 Associate Product Manager - Investing & Retirement 🔹 Customer Operations Executive 🔹 Support Team Executive 🔹 AI Conversation Designer If you’re interested in any of our current vacancies, click here to find out more:  https://bit.ly/3fzj3j5 And if you know someone who’d be perfect for one of these roles - tag them! #MakingMoneybox #Hiring

We’re delighted to share that Moneybox has ranked in the prestigious Deloitte UK Technology Fast 50 for the fifth year running. 🙌 We’re very proud to have been recognised once again as one of the UK’s fastest-growing tech companies, ranking 23rd in the list of 50 - up three places from last year. Rankings are based on percentage revenue growth over the last three years, and Moneybox grew by 1399% during this period. We have also surpassed £10 billion in assets under administration and achieved a market valuation of £550 million since last year’s ranking was published - all while helping people build wealth with confidence. Ben Stanway, Co-Founder and Executive Chair of Moneybox said: We’re delighted to be recognised for the fifth consecutive year in the Deloitte UK Technology Fast 50. Over the past decade, our dedicated team has built a vertically integrated proprietary tech platform and a radically customer-centric experience where people don’t have to have wealth to create wealth. "Today, we’re proud to serve over one million customers, helping them achieve their financial goals and build wealth with confidence. Our customers increasingly demonstrate that they want to use us for their wealth-building needs throughout life. As a result, AUA per customer has also increased by 46% in the last fiscal year alone. We believe Moneybox has a clear pathway to becoming a category-defining business, given the market opportunity, our differentiated focus, and the deeply embedded value in our customer base.” #DeloitteFast50 #MakingMoneybox

To celebrate Talk Money Week, TISA is spotlighting some of the incredible financial education initiatives from our member firms.  Today, we’re excited to showcase our third member firm, Moneybox, a savings and investing app on a mission to help everyone build wealth and confidence. “Doing this one (free!) thing could have a big impact on your financial future. Our research found that people who dedicate time to their finances each week have the highest levels of financial confidence - regardless of their income level. This in turn has a positive impact on their financial goals: we also found that people who are more financially confident have net worth that is £65k higher on average than those with low financial confidence. So whether you spend it reviewing your budget or listening to a podcast about investing, setting aside just 30 minutes a week could help you make real progress towards your goals.” Source: Moneybox survey of 4,000 adults, December 2023 If you’d like to know more about TISA’s Financial Education Council and our work to enable every child to have an effective financial education, get in touch with Sophie Legrand-Green For free and impartial money guidance, @MoneyHelperUK can help with a whole range of guides and tools available to help you manage your money. Visit www.moneyhelper.org.uk  #TalkMoney #DoOneThing Nici Audhlam-Gardiner Zoe Renton  Carol Knight Alison Pask