In 2015 two founders began building an app on a simple observation: most people do not save because saving feels like a decision, and decisions are tiring.
Ben Stanway and Charlie Mortimer built Moneybox around that. Round up each card purchase to the next pound, drop the change into a savings or investment pot, and the user hardly notices. The founders' own backgrounds are not well documented in the sources read for this profile, so the person here is mostly visible through what he built.
A year later it posted a pre-tax profit of £26.5m on revenue that rose from £28.7m to £77.2m.
What is clear is the stakes. A fintech aimed at beginners has to win trust from people who are nervous about money, with a team that is still tiny. It launched around 2016 as a small savings and investing app, and by the Series D in March 2022 it had attracted Fidelity International Strategic Ventures, Oxford Capital, Breega, Burda and CNP.
Then came the quiet test. In the year to May 2023 it posted a loss of £4.1m. A year later it posted a pre-tax profit of £26.5m on revenue that rose from £28.7m to £77.2m. That swing is the part that is rarely told. Growth had not stalled. The product had finally started earning more per customer than it cost to serve them.
In October 2024 about £70m of secondary investment valued the business at £550m, up 84% from the Series D. Apis put in around £60m and Amundi £8m. These were purchases of existing shares, not new money.
The next two years brought scale and a trade-off. In 2025 revenue passed £100m for the first time, at £115.6m, with 1.71m customers and £19bn under administration. Profit before tax slipped to £14.9m from £19.4m as the company reinvested in technology. In 2026 a share sale of up to £45m for long-serving staff set a value near £800m.
What a first-time founder can take from this is a plain one. Stanway has called the latest valuation recognition of progress. The more useful number is what came before it: a loss, then a profit, in two years. Habits first, margin second.