Oval Money is a dynamic fintech company founded in 2016, operating with a dual-brand strategy – Oval and OvalX. It offers two key products: the Oval app, which facilitates automatic and recurring savings and investments, and the OvalX trading platform, providing access to Forex, Indices, Shares, and Commodities.
The company is focused on promoting financial education and inclusivity, making finance accessible to all. It targets a new generation, particularly digital natives, who face fluctuating incomes and limited access to financial products. Oval Money empowers users to manage personal finances more intuitively, enabling smart payments, savings, and investments.
Headquartered in the United Kingdom with offices in London, Turin, and Limassol, the company employs over 200 individuals globally. Regulated by both the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC), it ensures a secure financial environment.
The last reported investment in Oval Money was a £1.32M Equity Crowdfunding round on 23 November 2019, with investor Valerio Foddai.