Ratehub has has acquired MoneySense, one of Canada’s leading personal finance media brands, from Rogers Media.
By joining forces with MoneySense, Ratehub will significantly increase the number of Canadians it reaches every month, helping more people accelerate their financial literacy and find the best mortgage rates, credit cards, savings accounts, GICs, and insurance products for their needs.
More than 700,000 Canadians turn to MoneySense each month to get smart, practical advice and easy-to-follow financial tips.
“At Ratehub Inc., our mission is to help Canadians make smarter financial decisions. Acquiring MoneySense was the next step in this mission, allowing us to give more Canadians the advice, tools, and insights they need to take control of their money,” said Alyssa Furtado, co-founder of Ratehub.
“We want to maintain MoneySense’s brand as a trusted source of financial advice for Canadians, and we believe it has even more room to grow.”
In January 2018, Ratehub announced it had raised a $12 million Series A investment to accelerate its growth and to become the most trusted personal finance brand in Canada. Acquiring MoneySense is the next step in Ratehub Inc.’s journey of empowering more Canadians in improving their financial lives.