The car leasing comparison platform provider will use the funding to reach a wider audience,
better their customer experience and improve their product offering with their finance and white
label partners.

NPIF Maven Equity Finance (“Maven”) has invested £1 million in Moneyshake, an online vehicle
leasing and purchase comparison site, based in Newcastle-under-Lyme.
Moneyshake allows its users to effortlessly compare car leasing deals, and more recently PCP
finance to support their customers in finding the best deal for their next car.

The company which is opening a new office in Chester does this by partnering with leasing and
financing businesses to offer their deals on its platform. As well as car leasing firms, the online
platform also has several other partners, notably ClearScore and Money Supermarket, allowing its
deals to be viewed and recommended in more places.

The investment from Maven will support Moneyshake in optimising and further developing their
existing product, to include the launch of a commercial leasing service and the enhancement of its
price comparison technology.

Dean Cox at Maven, said: “This exciting, customer-centric business is a great addition to the Maven and NPIF portfolio. The business has great future ambitions and is fast becoming a key name within the fintech industry. We have been impressed by the quality of the management team and existing shareholder base.”

Eben Lovatt, CEO at Moneyshake, said: “Maven are the perfect partner for our next phase of
growth. Following a record month in March for broker and dealer conversion on the Moneyshake
platform, the whole team is ready to build on this to deliver another great year of sales.”

— ENDS —

NOTES TO EDITOR

Media Contacts

Moneyshake

Cameron Hale – 0796 085 2900, [email protected]

About Moneyshake

Moneyshake is set to transform the comparison market with the introduction of our price competition
technology to create a truly competitive marketplace.
The platform allows for an automated, real-time bidding environment where providers compete
against each other for the user’s business.
Moneyshake is live in its first target market of new car finance, where it’s gaining substantial traction.
The platform is set to enhance price comparison across multiple verticals as it moves through its
growth plan.