Tamedia invests in the Monito money transfer comparison site

Zurich, 19 December 2018 – Tamedia is expanding its fintech portfolio by investing in Monito, a startup that operates a comparison website for international money transfer services. Cross-border and cross-currency money transfers incur high fees, often hidden to an untrained eye. Monito helps individuals and businesses find, compare and review the best money transfer provider for their needs out of the hundreds of available options across more than 190 countries. Monito’s registered office is located in Lausanne, and the company currently employs 7 staff members.

 

Samuel Hügli, Member of the Executive Management and Head of the Technology & Ventures Division at Tamedia: “Following our investment in the blockchain-based Lykke marketplace, Monito is another addition to our fintech portfolio. As a company, we intend to learn more in this area, and I'm already looking forward to exchanging ideas with the highly experienced Monito start-up team.”

 

François Briod, co-founder and CEO of Monito: “In a globalized and digitalized world, more and more cross-border money transfers are being made. At Monito, our mission is to help make global money transfers as seamless, quick and low cost as possible. We very much look forward to collaborating with Tamedia, and – among other things – benefitting from their strong expertise in digital marketing and growing online marketplaces.”

Contact

Simon Marquard, Digital Communication Manager Tamedia

+41 44 248 41 94, simon.marquard@tamedia.ch

About Tamedia

Tamedia is the leading private media group in Switzerland. The digital platforms, daily and weekly newspapers and magazines of Tamedia offer overview, classification and selection. The company was founded in 1893 and employs a staff of approximately 3,700 in Switzerland, Austria, Denmark, France, Germany, Israel, Luxembourg and Serbia. It has been traded at the Swiss stock exchange since 2000. 

Further information for media representatives about Tamedia:

https://www.tamedia.ch/en/group/newsroom/media-releases

A series of new pictures about Tamedia, including pictures of corporate buildings with the new logo mounted and on display, are to be found and downloadable free of charge in the photo gallery, the new corporate design and logo being introduced in January 2017.

www.tamedia.ch 

About Monito
Monito helps people find, review and compare money transfer providers. Monito lists and compares over 400 money transfer providers across more than 190 countries. They rank money transfer services based on their cost, speed, pay-out method, trustworthiness and more. 

www.monito.com

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