COMPARE LOANS, KIWISAVER, MORTGAGES, CREDIT CARDS AND MORE…
THOUSANDS of different financial products
MONEY COMPARE – LAUNCHING JULY 2018
NEW ZEALAND COMPARISON SPECIALISTS
HOW DOES IT WORK FOR FINANCE COMPANIES? Money Compare places unique Site user clicks through to Kiwi Application is tracked tracking link on their website bank and makes an application Money Compare will earn a commission and Kiwi bank will acquire a customer on a pay for performance basis
Price comparison websites (PCW) are a growing trend in consumer shopping habits A recent UK survey found that 85% of consumers with access to the internet have used a PCW in the last year. Source: The Competition and Markets Authority, UK GOV - Digital comparison tools market study
NZ COMPARE USER NUMBERS 60000 50000 40000 30000 20000 10000 0 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Broadband Power Mobile Travel Money NZ Compare www.moneycompare.co.nz
SIZE OF MARKET FOR MONEY COMPARE Over 2.7m Active KiwiSaver Members 1% switch with Money Compare = Rev. $3m+ p.a. Circa 312,000 Mortgage Approvals per year If 2% use Money Compare = Rev. $1.6m+ p.a. Plus… Credit Cards, Personal Loans, Insurance, Current Accounts, Term Deposits, Saving Accounts… www.moneycompare.co.nz
BENEFITS FOR CONSUMERS & FINANCE COMPANIES Transparency and ease of use Pay for performance Level playing field Enhanced efficiency www.moneycompare.co.nz
Questions ? Gavin Male – Founder & Managing Director gavin@nzcompare.com 021 086 46 020
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