User:Moneybox App/sandbox

Moneybox is an app offering savings and investment accounts based in the UK with a community of half a million customers, and is one of the fastest growing digital wealth managers in the UK.

Moneybox offers savings and investment products, including Stocks & Shares ISAs, Lifetime ISAs, Notice Savings Accounts and Pensions. Customers can set money aside on the app using round ups, regular deposits or one-off payments.

Launched in 2016 by co-founders Ben Stanway and Charlie Mortimer, the company has experienced rapid growth and today has over £1bn in assets. In 2016 Moneybox raised $3 in seed funding, with support from Samos Investments, a private equity investment firm. Moneybox also received an additional $1.75m in funding in a round led by Oxford Capital Partners.

In 2017 Moneybox launched their Lifetime ISA, becoming the fifth company to offer a LISA.

In 2018 Moneybox raised £14 million Series B funding led by Eight Roads. In 2019 Moneybox launched a socially responsible investment fund run by Old Mutual Investment Group which tracks the MSCI World ESG Leaders Index and invests in a range of global companies, considering environmental, social and governance factors in its selection process.

In April 2019, Moneybox opened up a waiting list to their pensions product which 100,000 users signed up to. On 10 March 2020 Moneybox launched their Personal Pension, allowing customers to consolidate their old workplace pensions into a SIPP in the app.