Cabot Square invests in MoneyFarm

The fresh capital will be used to support MoneyFarm's launch in the UK.

Company
Founded in 2011, MoneyFarm offers a digital platform for wealth management, which according to the company enables users to save up to 50% compared with using conventional fund management services. MoneyFarm only recommends investment instruments with low structural costs such as index funds (ETF).

The company generates all its revenues through clients fees as it works independently of financial product providers.

MoneyFarm has relocated its headquarters to London this year, and continues to operate offices in Milan and Sardinia.

People
Paolo Galvani is chair and co-founder of MoneyFarm. James Clark is a partner at Cabot Square. Paolo Gesess is managing partner at United Ventures.

Advisers
Equity - Oliver Wyman (Commercial due diligence). 

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• Topics
• Expansion
• UK / Ireland
• Southern Europe
• Financials
• United Kingdom