Financial comparator Monva launches into the loan market

Fintech Monva today announced the launch of its personal loan comparison service.

Along with the brand’s existing smart credit and energy card comparison services, both launched in late 2020, this latest development is part of Monva’s continuing mission to revolutionize the price comparison experience for the modern user. today, by using customer data for the right tasks and automating mundane tasks.

Monva is the brainchild of CEO Steve Wiley and COO Stuart Wakefield, who previously held leadership roles at MoneySuperMarket, MBNA and Virgin Money, with decades of experience in financial services and fintech. Its personalized service helps users make smart decisions that are right for them, while its technology and automation means there are fewer forms to fill out, making it easier to compare and buy. Monva customers also receive cutting-edge advice and support through Mo, the Money virtual assistant, which guides users through benchmarking, helps buyers make decisions, and uses AI and learning. automatic to alert users to new personal offers.

Commenting on the launch, CEO Steve Wiley said, “We are delighted to unveil Monva’s latest price comparison service for personal loans. Thanks to Monva, customers will now be able to compare loan options from leading providers and access personalized offers without affecting their credit report.

“Customers will also be supported by Mo, our smart technology and money-saving assistant, which represents the biggest breakthrough in the industry to date. Mo guides clients through research and offers helpful tips and information to help individuals make smart choices and find the right deal every time.

“This launch is the latest big milestone for Monva after a year of incredible progress and comes just weeks after our latest fundraising campaign on Crowdcube closed, surpassing our 225% investment target to over 600 investors. . We are excited about the huge opportunity that lies ahead as we continue to build Monva and develop the next generation of financial price comparison for our users.

Priscilla C. Carnegie