It’s been a year since we launched in the UK, and what a busy year it’s been. Our customer base has grown by 150%, and we’re now averaging 16% customer growth month-on-month. Not only this but we’ve further expanded our team.
Since arriving in the UK, we’ve doubled the number of employees and now boast an 80-strong team. Most recently, Scott Gallacher joins the team as our Chief Commercial Officer, following December’s announcement of both Paolo Savini Nicci as Chief Financial Officer and Richard Flax as Chief Investment Officer.
Scott joins Moneyfarm with over 20 years of experience – working with the likes of Facebook, Sky and American Express, Scott has helped to grow some of the world’s best-known brands. At the Department of Work and Pensions, he saw first-hand the power that strong financial services products can have over the willingness of individuals to save more and provide for their future. At Moneyfarm, Scott is responsible for ensuring that the consumer remains at the heart of everything as the company enters its next phase of growth.
In September 2016, we also announced a strategic investment from Allianz – testament to the progress we’ve made in the fast-growing digital wealth management sector.
We have a few partnerships under our belt too. In December we partnered with global money app Revolut, creating an offer that activated users across both platforms. And just two weeks ago we announced a new partnership with ride-hailing app Uber which will provide its partner-drivers access to pension and ISA products for the first time in the UK.*
*The Moneyfarm Pension will launch later in 2017.