Corporate
Tamedia acquires stake in the financial advisory platform MoneyPark
Zurich, August 22, 2014 – The Swiss media group Tamedia has acquired a stake of 20.4 per cent in the financial advisory and brokerage platform MoneyPark. With some 60 staff members, MoneyPark is Switzerland's leading technology-based advisory platform for financial products, specialising in the independent brokerage of mortgages and pension products as well as asset management. It sells no financial products of its own, but focuses on offering customers the widest possible choice, independent advice and direct transactions. Personal customer advice is provided either at one of its branches or via online consulting tools.
MoneyPark was founded at the end of 2011 by Stefan Heitmann and Leo Grünstein, who remain the majority shareholders in the platform. The parties have agreed that the details of the investment should remain confidential.
In acquiring a stake in MoneyPark, the media group Tamedia is continuing targeted investments in the growth market of digital distribution of financial products. Independently of MoneyPark, the Swiss real estate platform homegate.ch has been successfully offering online mortgages in collaboration with Zurich Cantonal Bank since 2013.
Additional information on MoneyPark: www.moneypark.ch