General Information
Industries
Finance, Financial Services +2
Funding Stage
Equity Crowdfunding
Product Stage
-
Business Model
-
Company Overview
Founded
2016
Employees
24
Location
London, United Kingdom
Website
Oval Money - Company Details

Oval Money is a fintech company offering two distinct products - the Oval app and OvalX trading platform. The Oval app enables automatic and recurring saving and investing, while OvalX provides access to Forex, Indices, Shares, and Commodities. The company's mission is to democratize finance by promoting education, inclusion, fairness, and empowering individuals to make informed financial decisions. With a team of over 200 employees based in London (UK), Turin (Italy), and Limassol (Cyprus), Oval Money is regulated by the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Europe.

The Oval app caters to digital natives, providing a comprehensive solution for managing personal finances and cultivating healthy financial habits. It is designed to resonate with individuals experiencing variable income, expenses, and limited access to traditional financial products. Oval empowers users to make smart payments, track expenses, save automatically, achieve financial goals, and easily invest.

Founded in 2016, Oval Money operates in the finance, financial services, fintech, and mobile industries. In its most recent funding round, the company secured a £1.32M equity crowdfunding investment on 23 November 2019, with Valerio Foddai as the lead investor.