About MoneySmart Group
MoneySmart Group is a company based in Singapore (Singapore) founded in 2009 by Vinod Nair and Rob Bier.. MoneySmart Group has raised $12.38 million across 3 funding rounds from investors including Singapore Press Holdings, Kakaku.com and Golden Gate Ventures. MoneySmart Group offers products and services including Financial Comparison Platform, Financial Advisory Services, and Bubblegum Insurance. MoneySmart Group operates in a competitive market with competitors including GoBear, SingSaver, LoanGarage, Finty and Enjoy Compare, among others.
- Headquarter Singapore, Singapore
- Founders Vinod Nair, Rob Bier
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.38 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series B
Jun 07, 2017
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Investors
Singapore Press Holdings
& 6 more
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Employee Count
Employee Count
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Products & Services of MoneySmart Group
MoneySmart Group offers a comprehensive portfolio of products and services, including Financial Comparison Platform, Financial Advisory Services, and Bubblegum Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for comparing banking, insurance, and investment options.
Advisory for mortgages and insurance to support decision making.
Digital insurance products designed for modern consumer needs.
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Funding Insights of MoneySmart Group
MoneySmart Group has successfully raised a total of $12.38M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in June 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $10.0M
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First Round
First Round
(01 Jun 2012)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Series B - MoneySmart Group | Valuation | Kakaku.com | |
| Oct, 2015 | Amount | Series A - MoneySmart Group | Valuation | Singapore Press Holdings | |
| Jun, 2012 | Amount | Seed - MoneySmart Group | Valuation | Golden Gate Ventures , National Research Foundation |
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| 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 |
Investors in MoneySmart Group
MoneySmart Group has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Singapore Press Holdings, Kakaku.com and Golden Gate Ventures. 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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Venture capital firm investing in Southeast Asian startups
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Founded Year | Domain | Location | |
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Multi-stage tech-focused VC investment company funding companies in globally
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Founded Year | Domain | Location | |
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Early-stage tech investments in Asia are targeted by the firm.
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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 MoneySmart Group
| 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 - MoneySmart Group
| 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 |
Moneysmart Group Comparisons
Competitors of MoneySmart Group
MoneySmart Group 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 GoBear, SingSaver, LoanGarage, Finty and Enjoy Compare, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial products including credit cards and loans are compared online.
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| domain | founded_year | HQ Location |
Financial products comparison platform
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| domain | founded_year | HQ Location |
An aggregator for loans in Singapore and Indonesia
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| domain | founded_year | HQ Location |
Aggregator of financial products
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| domain | founded_year | HQ Location |
Provides online platform for comparing financial products and services.
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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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Latest news on Moneysmart Group
Frequently Asked Questions about MoneySmart Group
When was MoneySmart Group founded?
MoneySmart Group was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is MoneySmart Group located?
MoneySmart Group is headquartered in Singapore, Singapore.
Who is the current CEO of MoneySmart Group?
Vinod Nair is the current CEO of MoneySmart Group. They have also founded this company.
Is MoneySmart Group a funded company?
MoneySmart Group is a funded company, having raised a total of $12.38M across 3 funding rounds to date. The company's 1st funding round was a Seed of $413K, raised on Jun 01, 2012.
What does MoneySmart Group do?
Founded in 2009 and based in Singapore, operations in the financial services sector are conducted by MoneySmart Group. A platform is provided for comparing banking, insurance, and investment products. Advisory services are extended for mortgages, life insurance, and health insurance, supporting decision-making and applications. A subsidiary is dedicated to developing insurance products with digital enhancements for customer experience.
Who are the top competitors of MoneySmart Group?
What products or services does MoneySmart Group offer?
MoneySmart Group offers Financial Comparison Platform, Financial Advisory Services, and Bubblegum Insurance.
Who are MoneySmart Group's investors?
MoneySmart Group has 7 investors. Key investors include Singapore Press Holdings, Kakaku.com, Golden Gate Ventures, SPH Ventures, and Convergence Ventures.