FinovateSpring 2009 / Mozo

Presenter Profile:

How they describe themselves: Mozo (short for Money Zone) is an Australian online comparison service that launched in October 2008. Mozo is powered by a database of financial products covering the Australian marketplace, and lets consumers easily compare the interest rates, fees and features of hundreds of different credit cards, loans and savings products. Results are personalized for the user, including calculations of financial savings from switching. Mozo has also developed Australia’s first customer rating system for banking products, so far featuring over 15,000 reviews from banking customers around Australia. Mozo is independently owned and our product data is 100 percent objective.

What they think makes them better: Mozo differs from other online comparison sites because of our interaction with users on a personal level. Firstly, we provide personalized results, including a financial “Health Check” service where users tell us their current product and financial situation, and our technology instantly compares hundreds of products to calculate the actual financial savings to be gained by switching. Secondly, we invite consumer involvement through our customer ratings system. Australians can rate their bank on six criteria and, in addition to publishing the individual customer reviews, we aggregate them up into “Australia’s favorite banks” as voted by thousands of real customers.


Bus. Dev., Sales and Press: Rohan Gamble, Founder and Managing Director, +61 419 621 544

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