The Goldman Sachs-backed consumer finance startup, which allows consumers to compare loans, credit cards, insurance and other financial products, has appointed Sam Allen to take over as head of the company.
CompareAsiaGroup, which operates across South East Asia as well as in Hong Kong and Taiwan, closed a $40m Series A last year, led by Goldman Sachs.
Allen tells TechCrunch that CompareAsiaGroup is planning to raise a second round of funding that it will use to improve its technology and add more information from banks, telecoms, and other providers as its sites aim for faster growth. The company may also launch sites in new Asian countries, but it has no definitive plans right now. “We have 20 million users across the region. We help consumers save time and money and as we grow and continue to invest, we will continue to do that,” says Allen.