Finder (website)

Last updated
Finder
Finder
Type Private
Industry Finance and insurance
Founded2006
FoundersFred Schebesta, Frank Restuccia, Jeremy Cabral
Headquarters Sydney, Australia
Products Financial services
Website https://www.finder.com.au and https://www.finder.com

Finder is a comparison website. It operates sites in 83 countries and has over 400 employees, with 9.7 million visitors a month worldwide. [1] It is the most-visited comparison site in Australia. [2]

Contents

History

The creditcardfinder.com.au site was launched in 2006 by Fred Schebesta and Frank Restuccia, using $1.36 million raised from their sale of previous company Freestyle Media. [3] Schebesta, Restuccia and co-founder Jeremy Cabral, who joined Finder in 2008, are all featured on the 2020 Australian Financial Review Young Rich list. [4] The main Finder site launched in 2012. A US version of the site launched in July 2015. [5]

The Finder app was launched in 2020 for iOS and Android. The company spent $5 million developing it and signed up 118,000 users by November 2020. [6]

In 2023, the company was forced to cut staff due to financial issues at the company. The second round of layoffs, announced in April 2023 made an additional 40 staff members redundant after layoffs in January were not sufficient enough. [7]

Comparison products

Finder compares products in over 100 categories. [6] Its comparisons include credit cards, home loans, bank accounts, insurance, mobile phones and plans, broadband, shopping coupons, Internet TV and energy. Unlike many other comparison sites, it is not owned by or affiliated with an insurance provider. [8]

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References

  1. Bailey, Michael (25 October 2019). "Trial by Finder: how Fred Schebesta grew up". The Australian Financial Review. Melbourne.
  2. Bird, Jodi (7 December 2018). "Over 1 million visit comparison sites Finder and Choice". Roy Morgan.
  3. Ham, Larissa (19 August 2013). "How to become a millionaire by 30". The Sydney Morning Herald. Sydney.
  4. Bailey, Michael (24 November 2020). "Third Finder original joins exclusive club". The Australian Financial Review. Melbourne.
  5. "Millionaires Before 30: Smart Finance Skills or Dumb Luck?". U.S. News & World Report. 23 July 2015.
  6. 1 2 Redrup, Yolanda (16 November 2020). "Finder weighs capital raise as it bets $5m on savings comparison app". The Australian Financial Review. Melbourne.
  7. Bonyhady, Nick (4 April 2023). "Start-up founders cut staff, then they cut again". The Age .
  8. Bird, Jodi (19 August 2014). "Insurance comparison sites". Choice.