£15.0M
Moneyhub Financial Technology secures £15m from Phoenix Group to fund international expansion and product development.
Phoenix Group joins existing backers Legal & General and Lloyds Banking Group as a co-lead investor in the business.
"This additional investment from Phoenix Group, following our long-standing commercial relationship with its Standard Life business, is further testament to the growing possibilities the industry sees in Open Data, and the transformational role Moneyhub can play. We are delighted that Phoenix Group has chosen to go even further by investing in the business. With Consumer Duty and Pensions Dashboard driving the need to focus on consumer outcomes, the only answer is to work in a trusted data sharing approach with your customers."
