The founders of a specialist price comparison website based in Cwmbran have secured £500,000 of seed-stage investment and are now ready to disrupt the UK car leasing market. helps people find the best lease deals quickly by comparing prices from the UK’s leading providers.

The £500,000 equity investment has been provided by the Development Bank of Wales and serial entrepreneur Tim Scholes, a private investor and experienced strategy professional.

The company is currently a team of four employees and is now looking to expand significantly during the next 12 months creating a range of senior technology, marketing and management jobs in Wales.

Eben Lovatt, CEO of Moneyshake, said: “South Wales is a great location for us and has some fantastic resource that we can utilise.

“In addition, with Tim backing us, we have a highly experienced strategy professional and visionary entrepreneur in the team. As a group, we’re confident we have the right team to grow into a successful digital brand right here in Cwmbran.”