KUALA LUMPUR, December 9th, 2013 – iMoney, the number one financial comparison website in Malaysia, will begin offering personalised mortgage consultancy services to consumers in Penang and Johor Bahru. This new expansion puts iMoney’s mortgage consulting business in five states, namely Kuala Lumpur, Selangor, Negeri Sembilan, Johor Bahru and Penang.

iMoney’s decision to widen its personalised mortgage service offering in Johor Bahru and Penang is in line with property demand trends in both the northern and southern cities. Now, with its experienced and qualified mortgage consultants, home loan applicants in these states will be able to experience hassle-free loan application.

This solves the biggest problem most people face when taking out a home loan, where it is still impossible to apply 100% via the internet, and meeting with different banks just to gather information remains a necessary step in the process. With iMoney and its in-house mortgage experts, consumers eliminate the need to meet and consult multiple banks, thus saving time and money.

iMoney also plans to make greater inroads as well as to deepen their service offerings to clients in these two states.

“iMoney is growing at a double digit growth rate every month, and while we’re already the largest source of financial products comparison in the region, we want to further accelerate our growth.

“When we started iMoney’s mortgage service offering, our team of consultants were only able to serve our customers in the Klang Valley, turning away hundreds of clients from Johor Bahru and Penang. We see the potential in these states and decided to expand the business by providing the full range of home-loan application services to other states in Malaysia,” said Lee Ching Wei, Group Chief Executive Officer of iMoney.

Penang and Johor Bahru are two of the most exciting property hubs in Malaysia, outside of the Klang Valley. iMoney aims to bring a best-in-class, home-loan application service to property buyers in these cities. With iMoney’s services, consumers are able to compare all home loans online, apply with multiple banks, and get quick response on all applications with no hassle.

About iMoney

iMoney is Asia’s leading financial product comparison website allowing consumers to compare home loans, personal loans, car insurance, credit cards, and deposit rates of any bank and to apply for the best online.

Founded in 2012 by Lee Ching Wei, iMoney has grown to be Malaysia’s number one financial services website (certified by Alexa Traffic Rank) and has a presence in Thailand, Philippines, Indonesia, Singapore and Hong Kong, where it holds market-leadership positions.

Today, iMoney Group generates more than a quarter million visitors each month.

For more information, visit http://www.iMoney.my or direct any enquiries to: hello@iMoney.my