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Moneybox
Saving and investing app
- 201-500 employees
- Fintech
- B2C
- Banking
- Personal finance
- Investing
- 1-2 Hatfields, London, SE1 9PG
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Company mission
To help you turn your money into something greater.
Insights
Many candidates hear
back within 2 weeks
49% female employees
35% employee growth in 12 months
Otta's take
Theo Margolius
COO of Otta
Moneybox followed in the wake of a whole new generation of digital finance apps, differentiating itself with a range of investment and saving features that Monzo and Revolut wouldn't develop for years to come.
Their marketing targets an untapped demographic of younger people who feel disillusioned with the jargon and complexity of traditional wealth management. With Junior ISAs and a £1 minimum investment, their services are certainly more accessible than the investment banks.
Nowadays, Moneybox is breaking ground again by offering Socially Responsible Investment options. They've partnered with Old Mutual to offer portfolios based on ESG indexes, capturing the attention of progressive first-time investors.
The future looks bright: Series D funding awarded in 2022 will be used to build Moneybox's brand and grow its customer base. It is also releasing a new investing plan for its customers which focuses on long-term wealth generation.
Benefits
- Flexible working
- Company share options
- Annual L&D allowance of £450 per person
- 25 Days Holiday & bank holidays
- Additional annual leave days with length of service
- Ability to buy/sell annual leave days
- Paid volunteer day each year
- Company pension scheme
- Enhanced parental pay & leave
- Subsidised Private Medical Insurance
- Health Cash Plan
- Gympass subscription
- Cycle to work scheme
- Work from home allowance to set up your home office
- Quarterly team socials
- Deliveroo treat on your work anniversary
Company values
- Action - We deliver our best work and own it
- Open-mindedness - We're curious to learn and stay ahead of the curve
- Learning - We're agile and adapt to new information
- Team - We're a team relying on each other to succeed
Funding (last 2 of 6 rounds)
May 2022
$6.4m
LATE VC
Apr 2022
$43.7m
SERIES D
$109.7m
Total funding
This company has top investors
Founders
Ben Stanway
(Co-Founder)Previously founded successful flower delivery company, Bloom & Wild. Subsequently launched Moneybox with Charlie Mortimer in June 2015
Charlie Mortimer
(Co-Founder)Worked across a range of industries, beginning in OC&C Strategy Consultants, before rising to an MD position in DMG Media where they developed a successful finance app.
People progressing
Kasey originally joined our Customer Operations function and recently transitioned across to a role in our Platform team as a Senior Investment Operations Associate.
Jake joined Moneybox as a Customer Support Executive and has transitioned into a Junior Systems Engineer role after learning to code.
Diversity & Inclusion at Moneybox
- We're now a team of over 300+ people from 18+ countries
- We set up an Inclusion Committee made up of different people (functions/seniority levels) from the business to regularly come together to discuss D&I issues and agree on actions/activities/initiatives that support our commitment to D&I. Some examples of what the Inclusion Committee has done/is doing below:
- We celebrate diversity through various dates/milestones (e.g. Black history month)
- We have set up forums for people who identify with particular groups (e.g. LGBTQ+, Islamic faith Slack channels)
- We participate in a mentorship programme that supports youths from underprivileged backgrounds
- We've rolled out unconscious bias training across the company
- We run all of our job ads through a gender bias decoder and making necessary amendments before posting
