As part of expanding its overseas business, BankBazaar.com will foray into Australia by the end of this fiscal. Presently, the company has overseas operations in Singapore and Malaysia which contribute to around 10% of its business.
BankBazaar is an online marketplace that provides customers with an option to choose from the different range of financial products.
Adhil Shetty, CEO at BankBazaar, said, "By the end of this fiscal, we are going to launch our business in Australia. We look for markets where we can scale up quickly and Australia is one such place."
“The company is eyeing a 100 percent growth in its revenues in the current fiscal. In the last fiscal ended March, it had witnessed 91 percent rise in its turnover”, he further added.
The company offers its consumers as many as 16 financial products, including credit card, debit card, insurance, mutual funds and home loans.
