CompareAsiaGroup

wealthtech-retailpersonal finance management

FOUNDING YEAR: 2014
LOCATION: Hong Kong
Last Update: 19/01/2021

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About

Launched in 2014 and headquartered in Hong Kong, CompareAsiaGroup is Asias leading personal finance platform, reaching over 60 million users across six markets including Hong Kong (moneyhero.com.hk), Malaysia (CompareHero.my), the Philippines (Moneymax.ph), Singapore (SingSaver.com.sg), Taiwan (Money101.com.tw) and Thailand (MoneyGuru.co.th). CompareAsiaGroup helps people make better financial choices. We achieve this through comprehensive, independent online comparison and education of over 1,000 financial products (including credit cards, personal loans, and insurance products). This is delivered through established relationships with more than 70 leading financial institutions across Asia Pacific. CompareAsiaGroups 250+ professionals are committed to delivering on the Groups mission to empower people to build healthier financial lives. The Group has raised more than US$100 million from investors including IFC, a member of the World Bank Group, Alibaba Entrepreneurs Fund, Goldman Sachs Investment Partners VC and Growth Equity, Experian, Pacific Century Group, Jardines, SBI Group, ACE & Company, Stem Financial Route 66 Ventures and H&Q Utrust.Learn more about how CompareAsiaGroup empowers people across Asia to build healthier financial lives at http://www.compareasiagroup.com/.

MEDICI Analysis

The CompareAsiaGroup is an online comparison platform for banking and insurance products in the Asia Pacific region. It helps people across Asia to compare and select the most suitable financial product as per their needs.

Focus

PRODUCTS & SERVICES

The online comparison portal enables users to compare and buy from various financial products like insurance, credit cards, personal loans, etc.

MAIN CLIENTS

Allianz

American Express

ANZ

AXA

BNI

CIMB Group

CitiBank

DBS

Generali

HSBC

Maybank

MSIG

UOB

Standard Chartered

Bank SinoPac and OCBC Bank.

People

FOUNDERS

Alister Musgrave

Gerald Eder

David Hatcher

NUMBER OF EMPLOYEES

51-200

INVESTORS:

ACE & Company

Goldman Sachs

International Finance Corporation

Mark Pincus

Nova Founders Capital

Route 66 Ventures

SBI Group

Goldman Sachs Investment Partners

Jardine Matheson Group

Owen Van Natta

Alibaba Entrepreneurs Fund

Experian Ventures

H&Q Asia Pacific

Nordic Eye Venture Capital

Chris Hitchen

KEY EMPLOYEES:

Jay Broekman (MD Indonesia)

Prashant Aggarwal (Chief Commercial Officer)

Rohith Murthy (Country Manager - Singapore)

Maria Martinez (MD

Marketing - Singapore)

Ruby Chou (MD Taiwan)

Shaun Kraft

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

3

TOTAL FUNDING

$66 M

DATE OF LAST FUNDING

Aug 2019

IPO STATUS

Private

ESTIMETED REVENUE RANGE

$1M to $10M

SEED & PRIOR FUNDING

$6 M

SEED CLOSED ON

Sep 2014

FUNDING SERIES

SERIES A  · $40 M  · Apr 2015

SERIES B  · $20 M  · Aug 2019

LISTED

NO

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

1,691

AVERAGE VISITS (6 MONTHS)

1,484.6

MONTHLY VISITS GROWTH

46.88%

VISIT DURATION

166

VISIT DURATION GROWTH

41.46%

PAGE VIEWS VISIT

3.67

PAGE VIEWS VISIT GROWTH

6.32%

BOUNCE RATE

25.83%

BOUNCE RATE GROWTH

-30.13%

GLOBAL TRAFFIC RANK

3,809,540

MONTHLY RANK CHANGE

-3,314,331

MONTHLY RANK GROWTH

-46.52%

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