Moneybox valuation hits £550m as fintech firm transitions into profitability

Moneybox, the savings and investment platform, has achieved a valuation of £550m ahead of a secondary share sale, following its transition into profitability. The London-based company, established in 2015, announced that this new valuation represents an 84% increase from its valuation during a Series D funding round in March 2022.

This comes on the heels of a roughly £70m investment secured with new supporters Apis Global Growth Fund III and French asset manager Amundi. Apis has pledged approximately £60m, while Amundi has agreed to an investment of £8m, as reported by City AM.

Moneybox's existing investors, which include 35,000 employee shareholders, will have the opportunity to sell 10% of their holdings