Money Dashboard hits ?1m in latest crowdfunding

UK-based personal finance management app Money Dashboard has raised just over ?1m in its crowdfunding offering on Crowdcube.

The fundraise, which is still open for five days, has surpassed its ?1m goal with commitments from 1356 investors. Before the fundraise, the company had a valuation of ?12.6m.

Money Dashboard offers users one place to manage their online financial accounts, with daily updates on transactions and balances. The app has bank-level security and gives an easy way to check what a user is spending money on with categories for transactions.

Through the platform users can create graphs to monitor transactions?and also set goals for spending each month.

Following the latest injection of capital, Money Dashboard has picked up a total of around ?6.5m, with the company picking up a $3.7m Series A last year.

Copyright ? 2017 FinTech Global

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