Onto, which operates an electric vehicle subscription service, has drafted in Deloitte to explore a sale weeks after Legal & General said it would not inject more money, Sky News learns.
L&G has informed Onto that it will not provide additional funding to the EV subscription company weeks after injecting a further £22.5m, Sky News can reveal.
Moneyhub Secures £35M From Legal And General, Lloyds Banking Group crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
Legal & General (L&G) and Lloyds Banking Group have made a £35m investment in open finance platform Moneyhub, with an additional £5m debt facility provided by Shawbrook.