Moneyfarm

About

Moneyfarm is an online investment advisor and one of the largest digital wealth management companies.

London,England,United Kingdom
101 - 250
https://www.moneyfarm.com/uk/

Highlights

Details

Last Funding Type: Series D
Last Funding Money Raised: £44.10M
Industries: Advice,Financial Services,FinTech,Wealth Management
Founded date: Jan 1, 2011
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: MFM Investment Ltd.
Also Known As: MFM Investment

Moneyfarm is an independent financial services provider that offers online financial advisory and execution services in Italy, Germany, and the United Kingdom. The company enables its users to manage their money in an efficient way and offers a unique service in Europe that provides personal advice on ETFs and trading activity.

Moneyfarm identifies its users’ investor profiles through an online questionnaire and offers them one of 12 diversified investment portfolios tailored to their profiles. Launched in 2012, Moneyfarm’s revenues come only from its clients’ fees. The company does not take any back-end fees or commissions from other financial institutions.

It is headquartered in London, England.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

9

£80.10M €66.40M $7M

Moneyfarm has raised a total of £80.10M €66.40M $7M in funding over 2 rounds. Their latest funding was raised on Jan 26, 2022 from a Series D round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jan 26, 2022	Series D	£44.10M	2	M&G Investments	—	Detail
Sep 26, 2019	Series C	£36M	3	Poste Italiane	—	Detail
May 29, 2018	Series B	€46M	5	Allianz	—	Detail
Jan 26, 2017	Series Unknown	—	1	—	—	Detail
Sep 26, 2016	Series A	$7M	1	Allianz X	—	Detail

Investments

Number of Investments

Number of Lead Investments

4

0

Moneyfarm has made 4 investments. Their most recent investment was on Apr 6, 2022, when Nord Security raised $100M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Apr 6, 2022 Nord Security	Series Unknown	$100M	Cyber Security	—
Aug 18, 2021 MobileCoin	Series B	$66M	Cryptocurrency	—
Sep 19, 2019 Automattic	Series D	$300M	Blogging Platforms	—
Jan 7, 2013 BitPay	Seed	$510K	Bitcoin	—

Investors

Number of Lead Investors

Number of Investors

5

13

Moneyfarm is funded by 13 investors. M&G Investments and Allianz X are the most recent investors.

Investor Name	Lead Investor	Funding Round
M&G Investments	Yes	Series D
Allianz X	Yes	Series A
Poste Italiane	—	Series D
Allianz	—	Series C
Bossanova Investimentos	—	Series C
Cabot Square Capital	—	Series B
Endeavor Catalyst	—	Series B
Fondazione di Sardegna	—	Series B
United Ventures	—	Series B
Upscale	—	Series Unknown

Acquisition

Moneyfarm has acquired 4 organizations. Their most recent acquisition was Ernest on Oct 6, 2017. They acquired Ernest for 0.

Date Company Name	Industry	Acquisition Type	Price
Oct 6, 2017 Ernest	Artificial Intelligence	acquisition	—	Detail
Nov 1, 2018 Vaamo Finanz AG	Collaboration	acquisition	—	Detail
Dec 6, 2021 Wealthsimple - U.S. book of business	EBooks	acquisition	—	Detail
Dec 6, 2022 Profile Pensions	Finance	acquisition	—	Detail