Credit card comparison site records £1.6m turnover and one million visits in first year
A credit price comparison site, based in Macclesfield, has recorded a turnover of £1.6m in its first year of operation.
MoneyGuru.com was launched last September, offering consumers a range of loan and credit products across the market. One year on, the site has now had more than a million visitors.
The site focuses on the consumer credit market rather than insurance. Owned by a specialist consumer credit fintech group, the site focuses on personal loans, credit cards, mortgages and Credit reports in the comparison space.
Consumers using MoneyGuru.com benefit from its Money Matcher tool which personalises customer results by showing products that they are most likely to be approved for.
The site helps consumers avoid products that they won’t get accepted for by highlighting only those that they will.
MoneyGuru.com is part of Quint Group, a UK fintech business which was this year recognised with a Queen’s Award for Enterprise in Innovation.
Greg Cox, founder of MoneyGuru.com and chief executive and co-founder of Quint, said: “What sets MoneyGuru.com apart from our competitors is our technology and mobile experience alongside the long standing relationships with providers across the Group.
“We have a number of exciting developments in the pipeline which will improve our user experience and make the site even easier to use in the future.
“Since the UK site launched last year, we have already had over 1 million visitors and with another national TV campaign planned for next year we are predicting significant further growth.
“We’ve had some great feedback from consumers about our quirky brand character – ‘the Money Guru’ – he is very engaging and is all about helping people to make enlightened financial decisions.
“While we are pleased with our first year of trading, we believe our continuing commitment to developing new technology will keep us at the forefront of the market.
“Moving forward our aim is to build on the early success of MoneyGuru.com and we feel we have the brand and platform to become the UK’s leading credit comparison site.”
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