Moneytribe Announce Angel Financing, Launching ‘Make me an offer’ in December 2012

Moneytribe announce $250k angel financing, expand team, launching ‘Make me an offer’ in December 2012

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Moneytribe

Moneytribe

Australian social marketplace start-up Moneytribe announce A$250k in angel funding. Launching full service in December 2012.

Melbourne, Vic Australia (PRWEB) November 22, 2012

Moneytribe (http://www.moneytribe.com), a social marketplace that connects people with the same products and providers together into tribes of like-consumers, today announced a further seed investment of A$250,000 from current investors. Moneytribe now has a team of six working in Melbourne and has now raised over $500k from Melbourne angels

The Moneytribe service provides a simple way for consumers to anonymously compare their financial product, price and feature choices and sentiment with people similar to them (their 'tribes') as well as to see what personalised product offers people like them are receiving and buying from the market. The company is aiming to build a new way for consumers to engage with product providers and brokers on their terms via smart mobile devices.

The company has completed its soft-launch phase and is planning to launch an updated mobile application in early December. The new release will include a ‘make me an offer’ feature for health insurance and mortgages that enables anonymous consumers to request personalized offers that can be socialized with other like-consumers.

About Moneytribe

Moneytribe provides a simple way for consumers to anonymously compare their financial product, price and feature choices and sentiment with people similar to them (their 'tribes') as well as to see what personalised product offers people like them are receiving and buying from the market. A beta product was soft-launched in Australia in late July. The company owns domains for 20+ countries.

Moneytribe was founded by David Urpani and Andrew Coates. David co-founded iSelect.com, which has changed the way Australian’s shop online for health insurance and other products. Andrew founded personalisation technology company AgentArts (acquired by Microsoft in 2007).


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