Money Dashboard hits £1m crowdfunding target

Published: 23 August 2017

Money Dashboard has hit a £1 million equity fundraising target with six days of its crowdfunder still left to run.

The Edinburgh-based personal finance software developer has already raised £5.2 million in early funding rounds, including investment from the Scottish Investment Bank, private equity houses and private investors, and has now hit target on a new funding round offering 7.34 per cent of its equity.

As of 10am on Monday, the equity raise on Crowdcube has £1,005,950 from 1,318 investors.

We are delighted to have exceeded our £1 million funding target with six days still to go, and we will look to release additional equity as we now move into over-funding.

Steve Tigar, Chief Executive, Money Dashboard

 

Chief executive Steve Tigar said the £1 million raise, priced at 5p per share, was the minimum the company needed to fund the next stage of its expansion...

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