Future plc the global platform for specialist media, today announces the acquisition of Mozo, a leading Australian personal finance comparison site recognised for simplifying the money maze by by providing insightful expert written content and best in class product data that save consumers time and money
Based in Sydney, Mozo has been operating in the money marketplace for over a decade and is known for innovative tools and trusted finance expertise. FY20 was a record year with over 20% revenue growth to AUS$11m
The acquisition will support Future’s global growth ambition by:
Zillah Byng-Thorne, CEO of Future, said: “We’re delighted to be adding MoZo to the Future family. We are seeing the increasing convergence of content and price comparison and this acquisition supports our global growth ambition in this area.
“We believe Future’s expertise in search and proprietary tech platform, combined with the taxonomy and price comparison expertise in new content areas could provide a market leading combination.
“Mozo is a great cultural fit for Future – they are disruptors who produce fantastic financial content and advice with the passion and dedication that comes from being part of the audience and genuinely loving what you are writing about.”