OverviewSuggest Edit

Moneyfarm is a company that provides digital wealth management solutions. It offers pension, stocks and shares individual savings, and general investment accounts. The company also provides asset portfolios and investment strategies and advice.

TypePrivate
Founded2011
HQGreater London, GB
Websitemoneyfarm.com
Employee Ratings4

Latest Updates

Employees (est.) (Dec 2021)141(+2%)
Revenue (FY, 2018)£1.6 M(+62%)
Cybersecurity ratingBMore
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Key People/Management at MoneyFarm

Paolo Galvani

Paolo Galvani

Co-Founder and Chairman
Giovanni Daprà

Giovanni Daprà

Co-Founder and Chief Executive Officer
James Clark

James Clark

Director
Alessandro Onano

Alessandro Onano

Chief Marketing Officer
Richard Flax

Richard Flax

Chief Investment Officer
Paolo Gesess

Paolo Gesess

Director
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MoneyFarm Office Locations

MoneyFarm has offices in Greater London and Milano
Greater London, GB (HQ)
90-92 Pentonville Rd
Milano, IT
1 Via Antonio da Recanate
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MoneyFarm Financials and Metrics

Summary Metrics

Founding Date

2011

MoneyFarm total Funding

$127.5 m

MoneyFarm latest funding size

$44.45 m

Time since last funding

2 years ago

MoneyFarm investors

MoneyFarm's latest funding round in September 2019 was reported to be $44.4 m. In total, MoneyFarm has raised $127.5 m
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MoneyFarm Revenue

MoneyFarm's revenue was reported to be £1.63 m in FY, 2018 which is a 61.3% increase from the previous period.
GBP

Revenue (FY, 2018)

1.6m

Revenue growth (FY, 2017 - FY, 2018), %

61.3%

Net income (FY, 2018)

(15.6m)

EBIT (FY, 2018)

(13.5m)

Cash (31-Dec-2018)

14.5m
GBPFY, 2016FY, 2017FY, 2018

Revenue

509.2k1.0m1.6m

Revenue growth, %

97%99%61%

General and administrative expense

9.4m15.3m15.3m

Operating expense total

9.4m15.3m15.3m
GBPFY, 2016FY, 2017FY, 2018

Cash

525.5k1.2m14.5m

Accounts Receivable

257.7k223.6k317.9k

Prepaid Expenses

147.5k633.6k30.2k

Current Assets

4.1m4.6m16.1m
GBPFY, 2016FY, 2017FY, 2018

Net Income

(8.9m)(16.0m)(15.6m)

Depreciation and Amortization

140.9k53.5k148.5k

Accounts Payable

626.8k850.9k17.3k

Cash From Operating Activities

(8.1m)(13.9m)(13.1m)
GBPFY, 2016

Revenue/Employee

9.1k

Financial Leverage

1.2 x
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MoneyFarm Operating Metrics

MoneyFarm's Customers was reported to be 40 k in Sep, 2019.
May, 2018Sep, 2019

Customers

27 k40 k
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MoneyFarm Acquisitions / Subsidiaries

Company NameDateDeal Size
vaamo Finanz AGNovember 01, 2018
ErnestOctober 06, 2017

MoneyFarm Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

MoneyFarm Online and Social Media Presence

Embed Graph

MoneyFarm News and Updates

Moneyfarm launches socially responsible portfolios

Moneyfarm, the leading European digital wealth manager, has launched a range of seven socially responsible investment portfolios (SRI).

Moneyfarm reaches £1.6bn under management

Moneyfarm, the leading European digital wealth manager, has reported strong H1 2021 figures as the company continues to go from strength to strength.

Moneyfarm hires Wealthify's Dan Giddings as head of business development UK

Moneyfarm, one of Europe’s leading digital wealth managers, has announced Dan Giddings as its new Head of Business Development UK, starting in June 2021.

Moneyfarm records another year of losses and warns of more to come

Digital wealth manager Moneyfarm reported another year of losses and warned the company could remain in the red for at The post Moneyfarm records another year of losses and warns of more to come appeared first on CityAM.

Poste Italiane buys EUR40 million stake in Moneyfarm

Poste Italiane is acquiring a €40m minority stake in digital wealth management company Moneyfarm.

Poste Italiane and Allianz Asset Management buy EUR40 million stake in Moneyfarm

Poste Italiane and Allianz Asset Management have each acquired a minority stake in digital wealth ma...
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MoneyFarm Blogs

Equity Comment: Do US Equities Deserve Their Premium?

What are we talking about? We spend quite a lot of time thinking about US equities. US equities make up around 60% of a standard global equity benchmark (see below a pie chart for MSCI All-Country World Index). That figure has steadily grown in recent years. The chart below shows the weight of US eq…

Monthly market roundup – January 2022

December was, largely, a story of volatility and uncertainty. Markets did nevertheless close positively thanks to the Christmas rush over the last two weeks. In the second half of the month, investors leveraged the two key pillars of equity returns seen in recent months: public companies grinding pr…

Market Comment: Positioning for Inflation, or Disinflation?

What are we talking about? US Inflation for December hit 7% year-on-year – the highest reading in nearly 40 years. In response, the 10-year yield has fallen and US equity futures have rallied. That might not have been the obvious reaction. Some context: Inflation has been higher-than-expected for lo…

Withdrawing money from a Stocks and Shares ISA: Important things to know

Individual savings accounts (commonly known as ISAs) are a popular way of putting away money for the future, thanks in part to generous tax benefits. You pay no taxes on the interest on money saved in an ISA or capital gains from investments made from them (under a certain threshold). So, they are t…

Financial New Year’s resolutions for 2022

2021 was, it could be said, a year of ups and downs. Bookended by two variants of Covid-19, the year held an extended period of relative normality, with the virus under control in relative terms and people finally getting much-needed holidays and social events.  We’re looking to 2022 with cautious o…

Using Childcare Costs Universal Credit to Pay For Childcare

Did you know that you might be entitled to childcare costs Universal Credit to cover up to 85% of any childcare costs you incur? Well, it’s a fact, and this blog will tell you everything you need to know about how to go about claiming it. The Qualifying Factors for Receiving Universal Credit If you …
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MoneyFarm Frequently Asked Questions

  • When was MoneyFarm founded?

    MoneyFarm was founded in 2011.

  • Who are MoneyFarm key executives?

    MoneyFarm's key executives are Paolo Galvani, Giovanni Daprà and James Clark.

  • How many employees does MoneyFarm have?

    MoneyFarm has 141 employees.

  • What is MoneyFarm revenue?

    Latest MoneyFarm annual revenue is £1.6 m.

  • What is MoneyFarm revenue per employee?

    Latest MoneyFarm revenue per employee is £11.6 k.

  • Who are MoneyFarm competitors?

    Competitors of MoneyFarm include BlackRock, Affiliated Managers Group and Intermediate Capital Group.

  • Where is MoneyFarm headquarters?

    MoneyFarm headquarters is located at 90-92 Pentonville Rd, Greater London.

  • Where are MoneyFarm offices?

    MoneyFarm has offices in Greater London and Milano.

  • How many offices does MoneyFarm have?

    MoneyFarm has 2 offices.