STOCK TITAN

MyBankTracker.com Launches Two New Verticals and Enters into Insurance Space

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

MyBankTracker.com has expanded into the insurance market by launching new verticals in auto, homeowners, health, and life insurance. This strategic growth, part of its initiative to aid consumers impacted by the financial strains of the coronavirus pandemic and natural disasters, aims to simplify the insurance shopping experience. The platform also intends to introduce an investing hub to empower users in making informed financial decisions, reflecting its commitment to improving consumer banking experiences during challenging economic times.

Positive
  • Expansion into four insurance verticals enhances MyBankTracker's service offerings.
  • Introduction of an investing hub aims to empower consumers in financial decision-making.
Negative
  • None.

FOSTER CITY, Calif., Sept. 22, 2020 /PRNewswire/ -- MyBankTracker.com announces today its expansion into the insurance market as it launches two new verticals. With many Americans rocked with uncertainty from the coronavirus pandemic and then hit with damage from wildfires, hurricanes and historic flooding, the site strives to help consumers find their financial footing after their lives have been upended.      

The leading financial comparison site, acquired by QuinStreet, Inc. (Nasdaq: QNST) in 2019, is entering four insurance spaces as part of its targeted growth strategy -- expanding into auto, homeowners, health and life insurance. MyBankTracker aims to simplify the insurance shopping and comparison experience. Content ranges from how to choose from the different types of life insurance to sensitive, but important subjects like finding life insurance coverage for the terminally ill.

The additions widen the reach of MyBankTracker and strengthen it as a comprehensive resource for financial products. "We're excited to expand our portfolio while staying true to our mission - improving the way consumers bank," says Tadas Nikulin, director of banking services at QuinStreet and co-founder of MyBankTracker. "With so many Americans hurting financially from the pandemic, they're uncertain of their future. We want to offer more tools so they can find the best products and services for their unique situation."

MyBankTracker was founded during the height of the Great Recession with the goal of providing more transparency to consumers. As much of the world enters into another recession, millions of consumers are worried about their retirement and overall financial future after being affected by the COVID-19 pandemic. The personal finance site hopes to help those Americans with the addition of its investing hub. The vertical will feature guides and in-depth information to empower investors -- whether they are beginners or advanced -- to make better investment decisions based on their financial goals. Topics will range from learning how to pick a new brokerage to comparing the benefits and drawbacks of margin trading.

About MyBankTracker
MyBankTracker is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a pioneer in delivering online marketplace solutions to match searchers with brands in digital media. QuinStreet is committed to providing consumers with the information and tools they need to research, find and select the products and brands that meet their needs. MyBankTracker is a member of the company's expert research and publishing division.

MyBankTracker is an independent comparison website helping consumers make smart banking and financial decisions. The mission is to match consumers to their perfect bank by providing and tracking in-depth information on more than 5,000 banks, credit unions and financial products. Using a combination of technology and money management expertise, MBT provides personal finance comparison tools and educates consumers to optimize their relationships with banks and lenders.

Twitter: @mybanktracker
Facebook: https://www.facebook.com/mybanktracker

Company Contact
Amy Eury
Public Relations Manager
QuinStreet, Inc.
412-532-9352
aeury@quinstreet.com  
LinkedIn

Media Contact
Julie Solomon
SSPR
Office 267-589-9162
Mobile 610-764-1534
jsolomon@sspr.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/mybanktrackercom-launches-two-new-verticals-and-enters-into-insurance-space-301135006.html

SOURCE MyBankTracker.com

FAQ

What new verticals did MyBankTracker launch on September 22, 2020?

MyBankTracker launched new verticals in auto, homeowners, health, and life insurance.

How does MyBankTracker intend to help consumers during the pandemic?

MyBankTracker aims to simplify the insurance shopping experience and provide tools for better financial decisions.

What is the significance of the investment hub launched by MyBankTracker?

The investment hub is designed to empower investors with information and tools to make informed decisions.

Which company owns MyBankTracker?

MyBankTracker is owned by QuinStreet, Inc. (Nasdaq: QNST).

QuinStreet, Inc.

NASDAQ:QNST

QNST Rankings

QNST Latest News

QNST Stock Data

1.32B
53.32M
4.36%
92.5%
3.71%
Advertising Agencies
Services-business Services, Nec
Link
United States of America
FOSTER CITY