Munnypot - About the company
Munnypot is an acqui-hired company based in Redhill (United Kingdom), founded in 2015. It operates as a Full stack robo advisory service. Munnypot has raised an undisclosed amount in funding from Livingbridge. The company has 41 active competitors, including 6 funded and 4 that have exited. Its top competitors include companies like Stash, Moneyfarm and Netwealth.
Company Details
Munnypot is a full stack robo advisor serving the retail customer in Great Britain. It helps people track their financial situation, set financial goals, invest their money, and keep them posted on portfolio performance. Minimum allowed investment is GBP 250, and it charges a 0.35% upfront fees for accessing the platform and 0.4% ongoing fees per year.
- Website
- munnypot.com
- Email ID
- *****@munnypot.com
- Registered Address
- The Courtyard Shoreham Road, Upper Beeding, Steyning, West Sussex, United Kingdom, BN44 3TN
Key Metrics
Founded Year
2015
Location
Redhill, United Kingdom
Stage
Acqui-Hired
Latest Funding Round
Investors
Ranked
9th among 41 active competitors
Employee Count
8 as on Dec 31, 2021
Similar Companies
Legal entities associated with Munnypot
Munnypot is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MUNNYPOT LIMITED CIN: 09822431 , United Kingdom, Active | Oct 12, 2015 | - | 8 (As on Jan 31, 2021) |
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Munnypot's funding and investors
Munnypot has raised funding over 1 round. Its latest funding round was a Series A round on Jun 26, 2018 for $*****. 1 investor participated in its latest round. Munnypot has 3 institutional investors.
Here is the list of recent funding rounds of Munnypot:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 26, 2018 | 3406021 | Series A | 2714347 | 8303117 | 4124587 | 5765429 |
View details of Munnypot's funding rounds and investors
Munnypot's founders and board of directors
Founder? Claim ProfileMunnypot's employee count trend
Munnypot has 8 employees as of Dec 21. Here is Munnypot's employee count trend over the years:
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Munnypot's Competitors and alternates
Top competitors of Munnypot include Stash, Moneyfarm and Netwealth. Here is the list of Top 10 competitors of Munnypot, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Stash 2015, New York City (United States), Acquired | Automated investment and robo-advisory platform | $747M | 74/100 | |
2nd | Moneyfarm 2011, London (United Kingdom), Series D | Provider of digital investment management services and self directed accounts | $199M | 73/100 | |
3rd | Netwealth 2015, London (United Kingdom), Seed | Online wealth management platform | $52.4M | 62/100 | |
4th | ETFmatic 2014, London (United Kingdom), Acquired | Automated saving and investment app. | - | - | 45/100 |
5th | ikigai 2019, London (United Kingdom), Deadpooled | Robo advisor & investment management platform for consumers | $5.7M | - | 39/100 |
6th | Qara 2014, Seoul (South Korea), Series A | AI-enabled robo advisory platform for wealth management | $3M | 37/100 | |
7th | Wealth Wizards 2009, Leamington Spa (United Kingdom), Acquired | Algorithm based advisor assisted platform | - | - | 34/100 |
8th | Digilytics 2014, London (United Kingdom), Series A | Loan origination solutions for mortgages | $3.34M | 32/100 | |
9th | Munnypot 2015, Redhill (United Kingdom), Acqui-Hired | Full stack robo advisory service | - | 31/100 | |
10th | Automated financial advisor for investing in US assets | $1.66M | 31/100 |
Looking for more details on Munnypot's competitors? Click here to see the top ones
Munnypot's Investments and acquisitions
Munnypot has made no investments or acquisitions yet.
Reports related to Munnypot
Here is the latest report on Munnypot's sector:
News related to Munnypot
•
Cairngorm Capital acquires Munnypot and Whitefoord to launch Verso Wealth ManagementPrivate Equity Wire•Jul 15, 2021•Cairngorm Capital, Munnypot, Whitefoord, Verso
•
Private equity house Livingbridge backs fintech firm MunnypotBdaily•Jun 26, 2018•Munnypot, Livingbridge
•
•
Jyske Bank to launch robo-advisory service using Munnypot platformFinextra•Feb 21, 2018•Jyske Bank, Munnypot
•
Munnypot Partners With YouDrive To Support Low Cost Financial AdviceFinancial IT•Apr 13, 2017•youdrive.gr, Munnypot
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