Moneyhub Risk Report

👥 Labor & Workforce

Moneyhub has faced significant labor changes recently, most notably with a substantial reduction in workforce as part of a business restructuring strategy. These changes are linked to strategic business decisions aimed at streamlining operations and focusing on long-term growth objectives. Such layoffs could impact company morale and productivity in the short term.

• Moneyhub closed its direct-to-consumer business and laid off "around 30%" of its UK workforce 🗓 February 13, 2025.
• Over 30 jobs were reported to be axed as Moneyhub scrapped its D2C app 🗓 February 14, 2025.

📜 Innovation & R&D

Moneyhub continues to foster innovation in the financial services sector, leveraging technology to enhance customer experiences and operational efficiency. Collaborations with major financial institutions and technology partners underscore its commitment to innovation and providing cutting-edge solutions. This focus supports the company’s strategic goals and positions it well against competitors.

• Moneyhub expanded its platform with payment initiation services 🗓 March 27, 2025.
• Lloyds Banking Group selected Moneyhub as its data enrichment partner, enhancing transaction categorisation 🗓 May 15, 2025.
• Lloyds Bank partnered with Moneyhub for AI-driven transaction categorisation 🗓 May 19, 2025.