Posted on March 12, 2019 by staff

Moneypenny launches co-working space in London’s Tech City


Tech-enabled outsourced communications pioneer Moneypenny has launched a creative co-working space in East London.

The Wrexham-headquartered company, which provides telephone answering, outsourced switchboard, live chat and customer contact solutions, unveiled Workhub at the offices of MadeSimple near Old Street.

Moneypenny acquired MadeSimple, which has helped to set up more than one million companies and provides online solutions to the start-up and small business communities, in January 2018.

“We are delighted to be launching our new Workhub,” said Moneypenny CEO Joanna Swash.

“We are experts in helping small businesses prosper with our product and service offerings, but also with our culture which puts the needs of the customer at the heart of our business.”

The concept of co-working has turned from a café scene to a social movement which is changing working practices, with start-ups attracted to a solution which avoids staggering overheads and location issues.

There are no set up fees or lengthy contracts for start-ups looking to join Workhub. Prices start at £29 for a day pass and £175 a month for unlimited access.

Workhub also offers clients regular seminars from thought-leaders and access to start-up experts.

Last year Moneypenny secured “significant investment” from private equity backer ECI Partners in a deal which reportedly valued the business at over £100 million.

The firm boasts a turnover of £33 million and a team of 700 staff across its offices in Wrexham and Charleston, USA.

It handles 15 million calls and chats annually for more than 13,000 clients in the UK and US.