UK & Slovenia
Founder(s)
Dave Tonge
Funding rounds and investors
Major shareholders: Sam Seaton, Dave Tonge, Dan Scholey, Rael Gordon, Nationwide, SPWOne (Sir Peter Wood) in 2021.
Number of employees
80
Member of industry association and/or initiative
Memberships
FDATA, OpenID, Ema, TISA, Money & Pensions Service (MaPS), Standard Financial Statement, Electronic Money Association.
Active Participants
MaPS Pensions Dashboard Programme steering committee
MaPS Pensions Dashboard Programme sandbox alpha partner
TISA OSIP steering committee
HM Treasury - co-author of the security chapter of the Open Banking Standard
CMA Open Banking Standard API
EBA PSD2 regulatory technical standards
FCA PSD2 Stakeholder Group
CTO Dave Tonge
Co-Chair of the Financial Grade API Working Group at the OpenID Foundation where he works on open standards for financial APIs and co-authored standards set to push Open Banking and Open Finance standards even further including the OpenID Connect Client-Initiated Backchannel Authentication (CIBA) Core Specification and Pushed Authorization Requests.
UK Expert at the International Organisation of Standardisation (ISO).
Member of TISA's Open Savings and Investments Working Group (OSIP).
Formerly lead technical representative for the Financial Data and Technology Association (FDATA).
Represented FDATA within the Financial Conduct Authority’s (FCA) PSD2 Stakeholder Group.
Works with the Open Banking Implementation Entity to define the standard for UK Banking APIs.
CEO Sam Seaton
Industry representatives in the steering group on the Government's Money & Pensions Service’s (MaPS's) Pension Dashboards Programme (PDP).
Steering committee member of TISA's OSIP steering committee.
NED on FDATA’s global board in order to support the roll out of Open Banking, Open Finance, and Open Data in the UK and globally.
Founding member of Open51, the organisation that promotes the role of women in developing open finance and the new data economy.
Awards
2022 Inspiring Workplaces Awards
2022 Paytech Awards
Winner: Best PayTech Leadership (Moneyhub CEO Dave Tonge)
2022 Payments Awards
Shortlisted: ESG in Payments Initiative of the Year
Shortlisted: PSD2 or Open Banking Initiative of the Year
Shortlisted: Best In-store Payments Solution
2021 Open Banking Expo Awards
Winner: Best Open Banking Partnership - Consumer (Moneyhub & Mercer)
Winner: Best Open Finance Innovation
Winner: Open Banking Pioneer Award - Individual (Moneyhub CEO Sam Seaton)
2021 FDATA Global Open Finance Awards
Winner: Best use of OB in retail consumer money management propositions
2021 Schroders UK Platform Awards
Winner: Leading Innovation in Workplace Solutions
Winner : Leading Digital Platform
2021 Pension Age Awards
Winner: Personality of the year award (Moneyhub CEO Sam Seaton)
2021 UK Fintech Awards
Winner: Pensions Tech award
Winner: Wealth Tech award
Winner: Director of the year (Moneyhub CEO Sam Seaton)
More here
What are the company's core solutions
Open Banking, Open Finance, and Open Data connectivity.
Data enrichment and analytics.
Affordability, personal financial management.
Payments.
Pre-built industry – specific client solutions that reduce cost and drive revenue.
How it works
Moneyhub enables companies in various industries to benefit from Open Banking payments and to build personalised propositions with access to their customers' entire world of financial transactions, from banks and investments to pensions and properties. Retailers and telecom providers utilise this information to develop new business offerings and financial services providers use it for mortgage advice to life insurance.
What problem does the company solve
With Moneyhub’s award-winning APIs, widgets, and whitelabel solutions, clients can initiate payments or seamlessly connect to bank accounts, mortgages, properties, investments, pensions, and more. The platform, which offers everything from personal financial management and affordability tools, provides powerful analytics, and actionable insights to enable bespoke experiences and customer journeys.
Types of supported APIs/API standard supported
We provide a RESTful JSON API protected by FAPI (based on OpenID Connect and OAuth 2.0). We connect to OpenBanking APIs, Berlin Group APIs, STET APIs, and many proprietary APIs.
Industries/target markets
Bank
Building Society
Employee Benefits
Fintech
Insurance
Lending
Pensions
Retail
Telecoms
Wealth Management
Geographical coverage
Total Global Connections: 17,825
Countries globally: 37
UK Connections: 460
Connections are constantly added.
Number of connected banks
For more details, please contact our sales team.
Account coverage across countries/regions
Number of signed-up developers
Number of total end users
Native Cloud
Software language
JavaScript
Software development tools
ReactJS, NodeJS, Docker, Kubernetes, AWS, VS Code, Bitbucket
When was the core technology developed
2014 onwards
Technology partners
Distribution channel
Pricing model
Revenue streams
B2B, B2B2C, B2C.
Moneyhub supports a range of commercial models to align with client needs. Typically this is a licence fee and depends on the proposition required.
Business strategy resources
In-house and partnerships, depending on needs.
Future developments
Key customers
Aon, Akoni, Blackhawk, Hometrack (Zoopla), LEBC, Lumio, Mercer, Moneyed, Nationwide, OpenMoney, OneBanks, Phoenix/Standard Life, Roqqette, Samsung, SEI, Sugi, The Big Exchange, Vodafone, Wealth Wizards, Zedosh, and others under NDA.
Case studies
For a full list of case studies, please go to here
Vodafone
Nationwide
Samsung
OneBanks
Sugi
The Big Exchange
Mercer