The financial services company will also become a major sponsor of the SGU, signing a three-year deal to be the new sponsor of the Scottish Area Team Championship, thought to be worth around £50,000.
Scottish Golf Union chief executive Hamish Grey says: “We are delighted to bring Moneygate on board as our new partners and sponsors of the Scottish Area Team Championship. They are an ambitious company with a desire to grow their brand in Scotland and see the SGU as a great platform to deliver that.”
Moneygate sales director Dennis Reed says: “We firmly believe golf members in Scotland will benefit from using our products and services and hope that we can become an established supporter for amateur golf for many years to come.
“We are still a relatively young company but this investment represents a significant step forward for us. It was important that we found a partner with similar ambitions to grow and interact with their audience and the Scottish Golf Union provides a great match for us.”
Moneygate, which launched in 2006, recently announced expansion plans to grow its adviser network from 75 to 750 in the next four years.