Nationwide Building Society invests in Moneyhub

We’re delighted to announce this week that Nationwide, Britain’s biggest building society, is investing in Moneyhub as part of its £50 million Venturing Fund. Nationwide will take a minority stake in Moneyhub and its support will help us do even more to innovate and improve what we can offer to you.

Sam Seaton, Moneyhub’s CEO, said: “This is a very exciting partnership between Moneyhub and the Nationwide Building Society. Their investment proves the strength of Moneyhub and how far people and businesses can benefit from our services including data aggregation, categorisation and insight led actionable nudges.”  

Tony Prestedge, Deputy Chief Executive at Nationwide Building Society said: “Investing in start-ups like Moneyhub helps us identify, learn about and explore new capabilities and technologies that will help deliver our technology strategy both now and in the future. While many people will have heard of Open Banking and AI technology they may not be able to tell you much about how they are starting to impact their day to day lives, but we believe they are game changers for the financial services industry.”