Finance app banks £2m from crowdfunding investors

▤ Summary

Edinburgh-based Money Dashboard said it beat its initial target funding of £1.5m within 45 minutes. The app connects to more than 60 financial institutions so users can manage all their accounts in one place. Money Dashboard said the funding would support its growth plans, which include increasing its staff headcount from 20 to 65. Chairman Mark Horrocks said: "The last few years have brought an explosion in UK fintech (financial technology), and the adoption of digital money managers across the space has never been stronger. "As consumers, personal finance has become a mainstream part of our public conversation and people are now searching in high numbers for ways to be more savvy with their money and improve their financial situation."

▦ Linked Companies

Money Dashboard Ltd

$1M to $5M