- Type of finance
- Business need
Developing a tech venture
“We decided the best institutional investor partner for us would be the Development Bank of Wales. We fit into their existing portfolio well and we have a positive chemistry with their team. South Wales is a great location for us and has some fantastic resource that we can utilise.”
Moneyshake.com helps people find the best lease deals quickly by comparing prices from the UK’s leading providers.
The Cwmbran-based business secured £500,000 of seed-stage equity investment from the Development Bank of Wales and serial entrepreneur Tim Scholes, a private investor and experienced strategy professional.
It is now looking to expand significantly and create a range of senior technology, marketing and management jobs in Wales.