Moneyhub news and trends

Digital Budgeting Tools Increase as Holiday Cost-Cutting Sweeps Across Europe
Consumer Finance // December 26, 2022

As inflation bites, European consumers are turning to cost-cutting tools and techniques this holiday season. In fact in the U.K., a poll by Accenture found that 70% of all adults are planning to cut back on festive spending this year, while about 49% said they...

Phoenix Group, Legal & General and Lloyds Banking Group Back Moneyhub
Investments // December 20, 2022

Phoenix Group, Legal & General and Lloyds Banking Group have invested 55 million pounds in Moneyhub. Following the announcement of a 35 million pound ($42.5 million) investment provided by Legal & General and Lloyds Banking Group in October, on Tuesday (Dec. 20), Moneyhub announced that...

Moneyhub Raises $39M, Plans International Expansion
Investments // October 24, 2022

U.K.-based payments platform Moneyhub has raised $39.5 million as it looks to expand its offerings amid the region’s continued embrace of open finance. According to a Monday (Oct. 24) news release, lead investors Legal & General and Lloyds Banking Group will take minority stakes in...

Today in the Connected Economy: Bank of America Sees Record Digital Use
Connected Economy // August 25, 2022

Today in the connected economy, Bank of America looks to up its spending on electronic banking after seeing a record number of log-ins last month. Also global payroll solution developer Deel unveils its Instant Card Transfer solution with the help of Paysend, and corporate disbursements...

Quick Reads
Moneyhub and MX Partner to Provide Open Banking Solutions Around the World

July 06, 2023
Moneyhub and MX Technologies have announced a strategic partnership to leverage each company’s capabilities and networks to promote open finance for organizations and consumers in Europe and North America. Moneyhub is a data and payments platform built on the principles of open banking and open finance, and MX is a leader in open finance in North America, the companies […]

Phoenix Group, Legal & General and Lloyds Banking Group Back Moneyhub

December 20, 2022
Phoenix Group, Legal & General and Lloyds Banking Group have invested 55 million pounds in Moneyhub. Following the announcement of a 35 million pound ($42.5 million) investment provided by Legal...

Moneyhub Raises $39M, Plans International Expansion

October 24, 2022
U.K.-based payments platform Moneyhub has raised $39.5 million as it looks to expand its offerings amid the region’s continued embrace of open finance. According to a Monday (Oct. 24) news...

Nationwide Selects Moneyhub for Savings Account Sweeping

August 25, 2022
The U.K.’s Nationwide Building Society announced Thursday (Aug. 25) that it is deploying the open finance platform Moneyhub, giving customers the ability to open a savings account and fund it...