Manx Financial Group PLC (LON:MFX) has announced the launch of Juno Hunt, a UK savings comparison website operated by its wholly owned subsidiary, Juno Holdings Limited with the business name Juno Hunt.
Juno Hunt aims to help savers identify more competitive UK savings rates, keep track of their savings accounts and stay informed when rates change. The website, https://junohunt.co.uk/ compares accounts ranked by interest rate, without providers being able to pay for a higher position, and checks rates up to four times a day against providers’ own websites. Savers can maintain a record of their accounts and register for rate-change alerts, with applications made directly through the relevant provider’s website. Juno Hunt will not hold or transfer customer funds or provide personal recommendations.
Douglas Grant, Group CEO, commented: “Juno Hunt provides a new digital channel to connect savers with competitive savings products, while creating the potential for another income stream for the Group. Our ambition is to build on the comparison service by introducing a mobile application and Open Banking functionality, with a target of six weeks for this stage, subject to integration and testing. We also intend to explore a regulated platform, offering account information, payment initiation and money transfers, subject to FCA authorisation. We will progress this opportunity using existing Group resources, with no incremental headcount by building on our AI expertise.”
