Money Story, a start-up from Falmouth University’s venture studio Launchpad, has received grant funding from the Social Investment Business Reach Fund.
The Money Story digital platform helps users explore their financial identities, coaching them to improve their financial wellbeing via “unique insights and financial reflection”.
Jones Oviawe, Money Story founder and CEO, said the grant will help move the company into the next phase of development. “We’re delighted to receive this investment,” he said. “The fund’s focus is exclusively on social impact companies, so it’s great we’ve been recognised as we’re on a mission to empower people to realise that having a healthy relationship with finance can boost their wellbeing.
“The funding will allow us to grow our market presence and complete improvements to our technology following BETA feedback. We’ll also now look to explore broader market vertical opportunities for our pilot project pipeline.”
The Reach Fund is a grant programme that helps charities and social enterprises raise investment. The programme is funded by Access – The Foundation for Social Investment and is open to organisations in England.