About MagnifyMoney
MagnifyMoney is a company based in New York (United States) founded in 2014 was acquired by LendingTree in June 2017.. The company has 94 employees as of April 02, 2024. MagnifyMoney operates in a competitive market with competitors including American Express, NerdWallet, Raisin, LendingTree and SmartAsset, among others.
- Headquarter New York, United States
- Employees 94 as on 02 Apr, 2024
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lendingtree Research Services Llp
- Date of Incorporation 25 Jan, 2018
- Jurisdiction Sanand, Gujarat, India
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
94
as on Apr 02, 2024
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Acquired by
LendingTree
(Jun 20, 2017)
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Funding Insights of MagnifyMoney
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MagnifyMoney
MagnifyMoney has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include LendingTree. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of a platform for loan and other consumer financial product comparison
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MagnifyMoney
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MagnifyMoney
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Magnifymoney Comparisons
Competitors of MagnifyMoney
MagnifyMoney operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as American Express, NerdWallet, Raisin, LendingTree and SmartAsset, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Financial products for individuals and businesses are compared online.
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| domain | founded_year | HQ Location |
App-based comparison platform for financial products
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| domain | founded_year | HQ Location |
Comparison platform for bank accounts
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| domain | founded_year | HQ Location |
Provider of a platform for loan and other consumer financial product comparison
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| domain | founded_year | HQ Location |
Financial products are compared online to offer data-driven advisory services.
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| domain | founded_year | HQ Location |
An online marketplace connects banks for deposit liquidity exchange.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MagnifyMoney
When was MagnifyMoney founded?
MagnifyMoney was founded in 2014.
Where is MagnifyMoney located?
MagnifyMoney is headquartered in New York, United States. It is registered at New York, New York, United States.
How many employees does MagnifyMoney have?
As of Apr 02, 2024, the latest employee count at MagnifyMoney is 94.
What does MagnifyMoney do?
MagnifyMoney is an aggregator of financial products, that offers a comparison of banking credit-based products. Users can compare savings accounts, checking accounts, credit cards, loans, credit monitoring identity theft apps and budget apps.
Who are the top competitors of MagnifyMoney?
MagnifyMoney's top competitors include NerdWallet, American Express and LendingTree.
Who are MagnifyMoney's investors?
MagnifyMoney has 1 investor. Key investors include LendingTree.
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