Money Alive secures £749k from Foresight Group to develop its regulatory video platform
Foresight Group led the £749k investment alongside private backers to support product development and team expansion.
Money Alive is a Bedford based regulatory technology business that provides an interactive video engagement platform for financial advisers and product providers. The firm helps consumers make informed financial decisions through accredited and impartial video content.
Money Alive has secured £749k in a seed follow on investment from Foresight Group, backed by the Midlands Engine Investment Fund and private investors, as part of a £1m total financing round. The Bedford based company offers an interactive video platform designed to help financial services firms deliver impartial information to clients. The capital will be deployed to expand the platform with integrated workplace solutions and fund eight new hires across sales, content and marketing.
Use of funds
- 01Continue product development
- 02Grow the team
- 03Invest in sales and marketing
Investors
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About the company
Money Alive
Regulatory technology business providing interactive video engagement platforms for financial advisers.