UK Investment app Moneybox raises $46M to launch crypto products

Twitter icon  •  Published 3 years ago on April 4, 2022  •  Mark Weaden

Moneybox, the British payments and savings app, has secured £35 million ($46 million) in a Series D funding round, led by asset manager Fidelity International Ventures

UK Investment app Moneybox raises $46M to launch crypto products

Moneybox, the British payments and savings app, has secured £35 million ($46 million) in a Series D funding round, led by asset manager Fidelity International Ventures. The funds will enable the company to develop and scale its operations, as well as a launching crypto investment products. 

In an interview with tech news website AltFi, co-founder and co-CEO of Moneybox, Ben Stanway, stated “we’re going to be expanding (into crypto) through the lens of diversification, not through the lens of speculation.” The plan will be to launch the products with Bitcoin (BTC), and possibly one or two other major currencies.

SEC and CFTC Issue Joint Guidance Clearing Path for Traditional Exchanges to List Spot Crypto Products
Next article SEC and CFTC Issue Joint Guidance Clearing Path for Traditional Exchanges to List Spot Crypto Products
Mark Weaden

Mark Weaden is a British researcher and crypto enthusiast, living in Barcelona. His work has been published on a variety of leading cryptocurrency sites.