In recent months we’ve been very busy over at Moneyhub, but the hard work has paid off, and we’re absolutely delighted to announce we’ve closed a successful fundraise.
Nationwide, alongside a select group of individual investors, have taken a minority stake in Moneyhub.
Customers, on average, hold an overall wealth of £429,970, nearly twice as high as the national average of £239,096, and hold £3,000 more in savings
Average net worth of a customer with a challenger bank account in addition to their main bank account is over a third higher than those without
Moneyhub has secured Payment Initiation Services Provider (PISP) authorisation by the FCA, cementing its place as a pioneer of open banking. The authorisation goes one step further from Account Information Services Provider (AISP) status, enabling seamless payments as well as visibility of all financial transactions across accounts in one place.
Moneyhub has integrated with Intelliflo’s API, to offer financial advisers an innovative, transparent, and holistic 360-degree view of their clients’ managed pensions and investments.
Moneyhub has integrated with Monzo’s API, enabling Moneyhub to offer users of the digital bank an holistic overview of all their financial assets through Moneyhub’s platform.