Moneyfarm raises £40 million in Series B funding round to drive next evolution in digital advice


Today Moneyfarm announces the largest funding round by a European digital wealth manager to date. The round, which brings total funding to over €76m, was led by Allianz Asset Management, with participation from Endeavor Catalyst, and Fondazione di Sardegna, and existing investors United Ventures, Cabot Square Capital. The €46M million investment will be used to focus on greater personalisation of the investment advice to help support and guide customers along their wealth journey.