Moneybox Nets £4 Million in a Whirlwind Crowdfunding Craze
Moneybox, the award‑winning app that turns spare change into a future‑safe stash, just flipped a £4 million check in the span of four hours on Crowdcube, the world’s biggest investment crowd‑fund platform.
It broke its 2020 record for the most investors in a single campaign: over 10,000 folks put their money into the pot, and the company hit its original £1 million target in a bone‑dry 20 minutes.
From “You’ve Got Money” to “We’ve Got Money”
- Launched in 2016, Moneybox now boasts a community of 450,000+ users and a squad of 120 full‑time heroes.
- It offers a smorgasbord of saving goodies—from round‑ups to regular deposits to one‑off splurges.
- Staple tools, like the Time Machine, keep users honest about where their cash sits.
- Assets topped the billion‑pound mark, with a fresh £100 million/month influx, and the average investor balance sits at roughly £2,273.
- Year‑over‑year customer growth? A staggering 121 %, outpacing even the biggest UK wealth‑management giants.
Why the Crowd‑Fund?
The new round lets Moneybox’s loyal users get a slice of the action and keep the momentum alive. With 62 % of users logging in every month, the platform is primed for scaling, and the fresh cash will turbo‑charge growth and tech development.
“We’re thrilled to let our community play a role in our journey,” said Ben Stanway, co‑founder of Moneybox. “Securing this fan‑fund lets us keep building nifty tools—be it for buying a home, saving for retirement, or that rainy‑day pot.”
Going Big With Crowdcube
Luke Lang, co‑founder of Crowdcube, noted that Moneybox’s 10,000‑plus investors make it one of the platform’s most popular campaigns. He predicts this passionate community will be “hell‑bent on spreading the word,” turbo‑charging Moneybox’s growth.
What’s Next?
- Moneybox recently raised £30 million in a Series C round from pro investors.
- The new crowd‑fund keeps open for more investors looking to join the mission to make everyone a savior.
- Stay tuned for real‑time updates and a subscription option for continuous insights.
As the crown for the fastest crowd‑raise goes to Moneybox, it proves that when a community gets serious about saving, the future can look bright—one round‑up at a time.
