Wise Publishing Secures $5M Investment From Strategic Investor
Funding will allow online personal finance publisher to broaden its content and proceed with UK expansion.
TORONTO, September 1, 2021 (Newswire.com) - Wise Publishing, Inc. ("Wise Publishing"), the fast-growing personal finance publisher whose popular websites MoneyWise.com and MoneyWise.ca are visited by 10 million unique monthly readers, today announced it has secured a $5 million investment from a leading online media company.
The funding will provide Wise Publishing with more resources to offer a broader array of content and new voices to its publications, and to introduce the MoneyWise brand to a brand-new audience through the pending launch of the company's MoneyWise.co.uk property in the United Kingdom.
"Wise Publishing is growing quickly, with many thanks to the tremendous support of our investors," said Kyle Trattner, CEO. "Now more than ever we see the need to provide high-quality financial information to a global audience. This latest round of financing will give a boost to Wise Publishing's mission to help people understand complex topics and get ahead."
Additional details were not disclosed.
About Wise Publishing, Inc.:
Wise Publishing, Inc. and its websites MoneyWise.com and MoneyWise.ca provide personal finance information, news and tools in ways that are clear, trustworthy and engaging. Readers throughout North America have come to count on the Toronto-based company to help them save money, find the best bank accounts, get the best mortgage rates and navigate many other money matters. Wise Publishing content has been featured by leading media outlets including MSN Money, Yahoo Finance, Financial Post, National Post, USA Today, Fortune, CNBC and Fox Business, among others.
In May 2021, Wise Publishing closed on a minority investment from Postmedia Network Canada Corp., a Canadian news media company representing more than 120 brands across multiple print, online and mobile platforms.
For more information:
Wise Publishing, Inc. Media Contact
Doug Whiteman, Editor-in-Chief
Source: Wise Publishing, Inc.