British Savings & Investment App Moneybox Secures £14 Million Through Series B Funding Round Led By Eight Roads

Moneybox, a UK-based savings and investment app, successfully secured £14 million through its Series B funding round, which was led by Fidelity International’s proprietary investment arm, Eight Roads, with participation from existing investors Oxford Capital Partners and Samos Investments. The latest investment round reportedly brings the total amount raised by Moneybox to 21.3 million. Moneybox mobile app provides the tools and information that the user needs to condignly work towards their financial goals. Moneybox is also authorized and regulated by the Financial Conduct Authority (FCA) and investments are covered by the government’s Financial Services Compensation Scheme up to a limit of £50,000, in the event that a product provider or Moneybox is declared bankrupt.

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