Nationwide helped the open finance business raise $18m which will be used to boost expansion in Europe and accelerate its growth across the wealth, insurance and retail spaces.
UK-based open finance platform Moneyhub secured $18m in funding from investors including financial services firm Nationwide Building Society yesterday.
The round was led by SPWOne, the investment vehicle for entrepreneur Peter Wood, and also featured undisclosed existing investors. Nationwide participated through corporate venture capital unit Nationwide Building Society Ventures.
Founded in 2011, Moneyhub aggregates financial data from multiple accounts into one single platform to offer its clients a comprehensive view of their overall financial health.
Clients can access data, analytics…
