Moneyfarm

company

About

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

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
EBooks acquisition Detail
Dec 6, 2022 Profile Pensions
Finance acquisition Detail