Money Supermarket
Encyclopedia
Moneysupermarket.com Group PLC is a British
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 price comparison website-based business specialising in financial services. The website enables consumers to compare prices on a range of products, including mortgages, credit cards and loans. It is listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

 and is a constituent of the FTSE 250 Index
FTSE 250 Index
The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...

.

History

The business was established in 1993 by Simon Nixon (a student at Nottingham University) and Duncan Cameron as a provider of off-line mortgage information to Independent Financial Advisors under the name Mortgage 2000. and in 1999 launched moneysupermarket.com providing on-line mortgage information since then the business has been developed to provide credit card
Credit card
A credit card is a small plastic card issued to users as a system of payment. It allows its holder to buy goods and services based on the holder's promise to pay for these goods and services...

 and personal loan information additional brands insuresupermarket.com and travelsupermarket.com have been added.

In June 2007 Duncan Cameron left the business selling his 47% stake to Simon Nixon for £162m and in July 2007 the company was listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

. At the time it had a market capitalisation of £843m and, as at 2011,it remains the biggest internet initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...

 in Europe.

Operations

The Company derives its revenues from three main sources:
  • Money vertical
  • Insurance vertical
  • Travel vertical

Criticisms

In 2007 the Guardian newspaper noted that price comparison websites such as moneysupermarket.com rarely include all products on the market and therefore any price comparisons are inaccurate.

See also

  • Confused.com
    Confused.com
    Confused.com, part of the Admiral Group, is a British price comparison website specialising in insurance and financial services.-History:Confused.com launched in 2002, becoming the UK’s first car insurance comparison site. It is based in Cardiff, Wales with its offices located near the headquarters...

  • BeatThatQuote.com
    BeatThatQuote.com
    BeatThatQuote.com is a British price comparison site specialising in personal finance products.-History:BeatThatQuote.com was launched by John Paleomylites in February 2005 based in London's Kentish Town., by 2006 it was awarded the 'young company of the year' by the CBI/Real Business Growing...

  • Energyhelpline
    Energyhelpline
    energyhelpline.com is an independent and accredited energy switching and price comparison service which provides consumers and businesses with impartial, comprehensive advice on energy tariffs. Every year energyhelpline.com switch in excess of 100,000 consumers...

  • Expedia
    Expedia
    Expedia is an Internet-based travel website based in the US with localised sites for 21 countries...

  • Gocompare.com
    Gocompare.com
    Gocompare.com is a British financial services comparison website. The website enables people to compare prices on a variety of financial products, such as car insurance, home insurance, pet insurance, travel insurance, motorbike insurance, van insurance, mortgages and...

  • Kelkoo
    Kelkoo
    The website Kelkoo is a European price comparison service founded in France in 1999, allowing customers to find information on products they want to purchase, including price and seller information. It was bought by Yahoo! in 2004...

  • Moneyfacts
    Moneyfacts
    Moneyfacts Group PLC is a financial information company founded in 1988 based in Norwich in the United Kingdom employing over 100 people.- History :...

  • Travelocity
    Travelocity
    Travelocity is an online travel agency and wholly owned subsidiary of Sabre Holdings Corporation, which was a publicly traded company until taken private by Silver Lake Partners and Texas Pacific Group in March 2007...

  • uSwitch
    USwitch
    uSwitch.com is a UK-based price comparison and switching website started in 2000. The site allows consumers to compare prices for a range of energy, personal finance, insurance and communications services...

  • Travelmatch
    Travelmatch
    travelmatch.co.uk is an online travel price comparison service. The company which is currently privately owned and is based Notting Hill Gate, London.-History:...


External links

  • Corporate website
  • moneysupermarket.com on Alexa
    Alexa Internet
    Alexa Internet, Inc. is a California-based subsidiary company of Amazon.com that is known for its toolbar and Web site. Once installed, the toolbar collects data on browsing behavior which is transmitted to the Web site where it is stored and analyzed and is the basis for the company's Web traffic...

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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