Australia, 5 August, 2021 - UK-based global personal credit platform, Monevo, today announced a new partnership with Australia’s fastest growing comparison and advice service, Compare Club.
The announcement follows on from a series of wins for the global fintech company, which is experiencing rapid growth in Australia. Compare Club now joins a host of other Australian businesses seeking to enhance their customers’ access to credit by choosing Monevo to power their personal credit journeys.
After a period of rapid growth and success in the UK and US markets, Monevo’s market-leading API and white label solutions were recently launched in Australia and empower banks, price comparison websites, fintechs and consumer brands, to deliver highly personalised credit offers to their customers from Monevo’s panel of integrated lenders and banks.
Seb Haack, International Development Director at Monevo, said: “The adaptability of Monevo means it can be leveraged to power a variety of businesses and solutions. For Compare Club, Monevo will power their personal loan marketplace and provide best-in-market credit search and comparison for their customers.”
Monevo Founder and CEO, Greg Cox, said, “We are extremely excited that Compare Club has chosen Monevo to deliver a market-leading personal loan proposition for their customers. Monevo is focused on improving access to credit by providing seamless and simple personal loan search and comparison for consumers, ensuring they get the best possible rates available to them. When working with Compare Club, it quickly became clear that Monevo shared similar values of being dedicated and passionate about using innovative technology. This partnership will make it quicker and easier for Australians to save money every single day.”
Compare Club co-CEO Lance Goodman said: “Monevo was a natural partner for us when it came to expanding into the personal loans space. We both believe in using technology to make finance simpler, so it was a no-brainer to work together to deliver a quick, easy way for Australian households to find a loan that fits their needs. It’s more important than ever for Australians to be on top of their money, and a successful application for a good loan rate can mean the difference between financial freedom and continuing to struggle. We’re delighted that Monevo and Compare Club can make this a reality for so many households today.”
