Australian FinTech company Finder acquires GoBear

By Leandra Monteiro

Finder, a FinTech company founded in Australia in 2006, has acquired the GoBear brand with the motive to accelerate its global expansion. The company claims to be servicing more than 10 million consumers globally every month. The purchase establishes Finder’s role as a key financial comparison platform in Southeast Asia following three years of activity in the region.

“We are thrilled to have the GoBear brand join the Finder Group and to be able to serve customers in Southeast Asia under this well-known brand,” said Frank Restuccia, founder and global chief executive officer, Finder, according to media reports. He owns the FinTech company alongside fellow Australians Fred Schebesta and Jeremy Cabral.

Finder’s acquisition of the GoBear brand comprises of trademark and digital assets including domains, website content, and social channels in seven markets namely, Singapore, Hong Kong SAR, Vietnam, Thailand, Philippines, Malaysia, and Indonesia.

“Like Finder, GoBear has been committed to improving the financial wellbeing of its audience, with over 55 million people who have visited its website since its launch in 2015 to make better-informed decisions. Finder’s mission is to help people all over the world make better financial decisions and we’re excited to ramp up our offering to the region through a recognized brand like GoBear,” Restuccia further added.

“Both Finder and GoBear believe in the importance of improving people’s financial health. We are happy to see that the GoBear brand will continue to live on and it will be exciting to see where Finder will bring it next,” commented Jinnee Lim, chief strategy officer, GoBear, according to media reports.

On a global front, Finder compares more than 200 different areas ranging from personal finance products such as credit cards, home loans and savings accounts to online shopping, cryptocurrency and share trading, and is rapidly expanding into new verticals every week.