Click n Compare, the South African comparison website for insurance, consumer goods, banking and a slew of other services has begun operations in Nigeria and Kenya.
The business is expanding based off its strong 40% month-on-month growth in South Africa, in the past year, according to a Ventureburn report.
As part of the expansion, the company has added Bastian Gotter of iROKOtv and West Africa’s General Manager of Ringier media, Leonard Stiegeler to its advisory board
The expansion is being led by Tim Burkly, a former Rocket Internet employee. “I am both honoured and excited to work alongside Ryan, Manuel and the Click n Compare team, as we continue to build our brand into Africa’s leading financial marketplace,” he said in a news release by the company.
Click n Compare was launched last year by Ryan Marx, Peter Allestorfer and Manuel Koser, with funding from Cape Town-based incubator, SilverTree Capital.
The company continues to record impressive growth figures in South Africa despite strong competition from Naspers’ funded PriceCheck, JustMoney, PhoneFinder and few others. In Nigeria the company will still face-off against PriceCheck, PricePadi and TopCheck, a niche insurance comparison website.
Photo Credit: John G Meadows via Compfight cc
