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.