Personal finance

Moneymax becomes PH’s largest personal finance platform

Founded in 2014 as a financial comparison portal with just 10 employees and 65,000 monthly visits, Moneymax has grown to become the largest personal finance platform in the Philippines, powered by over 100 employees and visited over 3 million times per month.

This tremendous growth has been fueled by the company’s mission to help Filipinos lead healthy and rewarding financial lives through free, fair and timely access to financial products and information.

Marking its eighth anniversary with the theme #ElevateAt8, Moneymax is celebrating all the ways it has evolved as an organization and helped improve the financial well-being of over 40 million Filipinos.

“As we reach another milestone year for Moneymax, we are excited to help Filipinos make smarter financial choices for more years through our platform, rewards and content. Putting the Filipino people at the heart of everything we do, we look forward to continuous improvement and exploring even more ways to improve their financial lives,” shares Jessica Faye Tan, Head of Marketing at Moneymax.

2022 is a big year for Moneymax, reaching record monthly traffic of over 3 million websites with nearly 300% growth over the previous year. Subscribers to the company’s newsletter also grew to 1 million. This means that more and more Filipinos are increasing their finances through educational content and financial products from Moneymax.

It’s amid the shift in consumer behavior towards “revenge spending” as the economy rebounds from the COVID-19 pandemic. Filipinos planned to increase their spending on retail purchases, discretionary spending, retirement funds and major purchases, based on data from the Consumer Pulse Study 2022.

Other notable milestones include Moneymax’s Great Place to Work® certification for promoting a positive workplace culture and a Bronze Award for Excellence in Content Marketing for helping Filipinos improve their well-being. being financial during the pandemic.

Moneymax has also been ranked among BestStartup.Asia’s Southeast Asian Startups and Enterprises for outstanding performance in innovation, growth, management or societal impact.

Moneymax’s early 2022 consumer research revealed that young professionals are forward-thinking when it comes to managing their finances. They actively seek information online about their investment growth to fund long-term goals like home ownership and retirement.

To help consumers meet these needs, Moneymax will host a series of virtual live events in July to help Millennials and Gen Z track their current financial situation and develop an action plan for investing and earning. financial products according to their objectives.

The first part of the #ElevateYourFinances series will be a webinar on building your financial portfolio. Participants will learn how to track their net worth and how to start investing based on their financial goals, such as increasing their income, retiring, or making a major purchase.

The second part of Moneymax’s anniversary live event series will be a panel discussion answering attendees’ questions about choosing the right financial products for their specific goals.

Along with learning new personal finance knowledge, attendees will also have the chance to win exciting prizes and giveaways at Moneymax’s #ElevateYourFinances live events.

The company promotes financial inclusion in the country through its free and unbiased online platform that allows Filipinos to compare, apply for and secure products such as car insurance, credit cards and loans. Users also receive exclusive rewards on every qualifying transaction made through Moneymax.