17 December 2017
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Zoopla purchases Money.com

14 September 17 - Irene Theofanidou
Zoopla purchases Money.com

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Zoopla Group is branching out further from its traditional business of house listings with the acquisition of financial comparison website Money.co.uk.

 

ZPG, Zoopla's parent group, announced on Thursday, according to businessinsider.com, that it has reached a deal to buy Money.co.uk for £80 million, with the possibility of an additional £60 million payout if the business performs in-line with projections over the coming years.

The acquisition takes Zoopla deeper into the comparison world, where it vies against the likes of MoneySupermarket.com and GoCompare.

Zoopla first entered comparison in 2015 when it acquired energy comparison website uSwitch.

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