German online comparison portal for consumer credits sold

07.2018: The Internet company Scout24 buys Finanzcheck.de, the German online comparison portal for consumer credit, for € 285 million. Finanzcheck.de operates a platform for consumer finance and offers users a fast and efficient comparison of consumer credit in real time. In addition, the Company cooperates with affiliate websites, point-of-sale financing partners and partner networks via its own technology platform. Scout24 sees significant opportunities in promoting growth in this segment through a more integrated service offering on the Scout24 platforms by expanding the Consumer Services business unit around Finanzcheck.de. The transaction is subject to antitrust approval.