User:Tomwallz/sandbox

CompareHero.my is an online financial aggregator based in Kuala Lumpur, Malaysia. It was first established in 2013 and is a registered company under Compargo Malaysia Sdn Bhd. CompareHero.my is wholly owned by CompareAsiaGroup Limited.

Business operations
CompareHero.my is part of CompareAsiaGroup (CompareAsiaGroup Limited). Headquartered in Hong Kong, CompareAsiaGroup is one of the Asia's leading online financial marketplace with presence in Malaysia, Hong Kong, Indonesia, Taiwan, Singapore, the Philippines, and Thailand. CompareAsiaGroup is funded by Nova Founders Capital and several other global investors such as the International Finance Corporation from World Bank Group, Goldman Sachs, ACE & Company, Route 66 Ventures, SBI Group, and Alibaba Entrepreneurs Fund.

As a financial aggregator, CompareHero.my provides Malaysians with a free online comparison platform for comparing and applying credit cards, personal loans and broadband plans provided by various banks and financial institutions in Malaysia. The online platform helps consumers find suitable financial products by comparing interest rates, benefits, and sign-up offers at a glance. With broadband plans, CompareHero.my compares features such as broadband packages, speeds and the amount of allocated data per month.

In addition to its comparison tool, the company aims to increase financial literacy levels among all Malaysians. CompareHero.my also provides independent advice on financial products and practical tips on saving money in Malaysia through its blog, eBooks, and guides. CompareHero.my work closely with banks and government agencies to make personal finance accessible to every Malaysian.

2013
CompareAsiaGroup was founded by Kuala Lumpur-based technology incubator Nova Founders Capital. The group received an undisclosed amount of seed funding in July 2013. With this seed funding, Gerald Eder, Floyd Sijmons and Zee Fakier founded CompareHero.my. Managing director Gerald Eder was the former co-founder and managing director of Zalora Thailand. Prior to setting up CompareHero.my, managing director Floyd Sijmons was the former head of strategic revenue management and planning at Groupon EMA. Whereas the chief content officer Zee Fakier was the former Groupon’s editor-in-chief. The CompareHero.my website achieved a milestone of 10,000 users within the first month of its official launch.

2014
In February 2014, CompareAsiaGroup secured US$3 million funds from Stem Capital Partners and other international investors. CompareHero.my formed partnerships with 80 local banks and financial institutions in Malaysia. Within the same year, the parent company, CompareAsiaGroup expanded into Hong Kong, the Philippines. , Indonesia, Thailand , and Taiwan. CompareAsiaGroup established its regional hub and group headquarters in Hong Kong.

2015
CompareHero.my, part of CompareAsiaGroup, received US$40 million investment in Series A funding led by Goldman Sachs Investment Partners, Jardine Pacific, Nova Founders Capital, ACE & Company, and Route 66 Ventures. Several angel investors such as Mark Pincus (Zynga founder), Owen Van Natta (former Facebook COO and MySpace CEO) also participated in the round. In the same year, CompareAsiaGroup launched Singsaver in Singapore.

2017
CompareHero.my, part of CompareAsiaGroup, raised additional US$50 million funding in Series B led by International Finance Corp (IFC) and joined in by Alibaba Entrepreneurs Fund, SBI Group and H&Q Utrust. Existing investors such as Goldman Sachs Investment Partners, Nova Founders Capital, ACE & Company, and Route 66 Ventures also participated in the round. The IFC contributed up to US$15 million of the investment amount.

2018
As part of the business expansion and also to accommodate their fast growing team, the office was relocated from Seri Bukit Ceylon, Kuala Lumpur to Wisma UOA Damansara, Kuala Lumpur.

Financial products
CompareHero.my provides free tools to help Malaysians understand consumer finance products in Malaysia. The financial products available for comparison on the website includes personal loans and credit cards.

Personal loans

 * Debt consolidation loans
 * Islamic financing loans
 * Business loans
 * Property purchase loans
 * Wedding loans
 * Auto financing loans
 * Civil service loans
 * Home renovation loans

Credit cards

 * Cashback credit cards
 * Air miles credit cards
 * Rewards credit cards
 * No annual fee credit cards
 * Islamic credit cards

Locations
The company is currently located in Wisma UOA Damansara, Kuala Lumpur. CompareHero.my is part of CompareAsiaGroup, with operations in a total of 7 countries including Hong Kong (MoneyHero.com.hk), Malaysia (CompareHero.my), Singapore (SingSaver.com.sg), Indonesia (HaloMoney.co.id), Taiwan (Money101.com.tw), the Philippines (MoneyMax.ph), and Thailand (MoneyGuru.co.th).