Money Dashboard raises £4.6 million from 3300 crowdfunding investors

17
826
Steve Tigar
Steve Tigar

Money Dashboard has successfully raised £4.6 million in total, taking investment from 3300 crowdfunding investors, in what is the biggest FinTech raise on Crowdcube this year.

In parallel, existing investors Scottish Investment Bank and Calculus Capital also invested.

The company reached its initial target of £1.5 million in under 45 minutes

Funds are to be used to build out the personal finance app and triple the company’s Edinburgh-based team from 20 to 60 staff.

Money Dashboard’s award-winning money management app helps over 200,000 people master their money. The app connects to over 70 financial institutions so users can manage all their accounts in one place to track spend, plan ahead, and achieve their goals.

Money Dashboard keeps the app free for consumers by generating revenue from insightful market research based on anonymised banking data. This gives data clients critical insight into how businesses like Deliveroo or Uber are performing.

Luke Lang, co-founder of Crowdcube, commented: 

“Money Dashboard’s vision to help people better manage their money has once again resonated with many of our investors. It’s fantastic to see an innovative business connect their community, fuel their growth and take those investors, in this case, on their journey to create a fairer financial landscape.”

Steve Tigar, CEO said: 

“We’re absolutely thrilled to have secured this latest round of funding, particularly with the backing of over 3000 people who share our vision. We are now equipped and ready to help people from every walk of life master their money.”

Kerry Sharp, Director of Scottish Investment Bank said:

“Having supported Money Dashboard from an early stage, it is great to see the business raising the funds required to implement the next stage in its growth. The FinTech sector is a key industry in Scotland’s economy and we look forward to continuing to work with the company, both from an investment perspective and through our account management support, to deliver its long-term growth ambitions.” 

17 COMMENTS

  1. Hey there! I could have sworn I’ve been to this website before
    but after browsing through some of the post I realized it’s new
    to me. Anyways, I’m definitely happy I found it and I’ll be bookmarking
    and checking back often!

  2. This design is spectacular! You certainly
    know how to keep a reader amused. Between your wit and your videos,
    I was almost moved to start my own blog (well, almost…HaHa!) Excellent
    job. I really loved what you had to say, and more than that,
    how you presented it. Too cool!

  3. Howdy! This is my first visit to your blog! We are a team of volunteers and starting a
    new project in a community in the same niche. Your blog provided us valuable information to work
    on. You have done a marvellous job! 3aN8IMa
    cheap flights

  4. Thanks for ones marvelous posting! I quite enjoyed reading it, you may be a great author.I will ensure
    that I bookmark your blog and will come back sometime soon. I want to encourage you to continue your great job, have a
    nice holiday weekend! cheap flights yynxznuh

  5. Hi, Neat post. There’s an issue together with your
    website in internet explorer, could test this? IE still is the
    marketplace chief and a huge section of people will leave out your great writing
    because of this problem. cheap flights 2CSYEon

  6. Great beat ! I would like to apprentice whilst you amend your website, how could i subscribe for a blog site?
    The account helped me a applicable deal. I have been tiny bit acquainted of this your broadcast provided bright transparent idea

  7. Excellent post. I was checking continuously this blog and I am impressed!
    Extremely helpful info particularly the last part 🙂 I care for such information much.
    I was looking for this certain info for a long time.
    Thank you and best of luck.

  8. I am no longer certain where you’re getting your information, however great topic.
    I needs to spend some time finding out much more or figuring out more.
    Thank you for great information I was searching for this info for my
    mission.

LEAVE A REPLY

Please enter your comment!
Please enter your name here