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Evening Standard
Evening Standard
Business
Simon Hunt

London fintech Moneybox shelves customer crypto investing plans

Moneybox has shelved its plans to introduce crypto products to customers as the London fintech distances itself from digital assets amid market volatility and cost-of-living pressures.

The firm, which offers app-based savings and investments services, had previously expressed enthusiasm for cryptocurrencies and boasted of plans for crypto investing options for customers following its £35 million Series D round last year, but has since put those plans on the back burner, according to a report by fintech news site AltFi.

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