Money Dashboard announces date of Scotland’s biggest FinTech crowdfund
Money Dashboard, the Scottish fintech firm, has announced today its crowdfund will launch privately to its users on 20th May 2019.
Users of the personal finance app will have exclusive access for 24 hours before the opportunity is made available to the wider public at 10am on Tuesday 21st.
This announcement comes after the appointment of former Revolut, Peter Higgins, as CFO and the establishment of a strategic partnership with price comparison site GoCompare to enrich data from hundreds of UK banks and financial institutions.
The money from crowdfunding will come to accelerate customer numbers growth, unlock new data markets and treble their Edinburgh-based team from 20 to 65 staff.
Money Dashboard CEO Steve Tigar said: “This raise comes at a pivotal time for Money Dashboard. Open Banking is starting to accelerate consumer adoption of digital money managers (DMMs) and we’re positioning ourselves to win the hearts and minds of millions of people. Bringing our users on the journey with us will be a key part in achieving this mission.”
In 2017 Money Dashboard raised capital with more than 1,000 of its users collectively investing £1.4 million.