Money Dashboard raises £4.6m

Money Dashboard has announced a £4.6m raise on Crowdcube, taking investment from 3,300 crowdfunding investors, in what is one of the biggest FinTech raises on Crowdcube this year.

The money management app helps over 200,000 people master their money. The app connects to over 70 financial institutions so users can manage all their accounts in one place to track spend, plan ahead, and achieve their goals.

Money Dashboard keeps the app free for consumers by generating revenue from insightful market research based on anonymised banking data. This gives data clients critical insight into how businesses such as Deliveroo or Uber are performing

The company states that funds will be used to build out the market leading personal finance app and triple the company’s Edinburgh-based team from 20 to 60 staff.

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