Tag: Finance

  • SMG Swiss Marketplace Group takes over moneyland.ch

    SMG Swiss Marketplace Group takes over moneyland.ch

    SMG Swiss Marketplace Group, which was founded in November 2021 as a joint venture between TX Group, Ringier, Die Mobiliar and General Atlantic, is expanding its portfolio with this acquisition. The existing brands in the areas of real estate (ImmoScout24, Homegate, Flatfox, Immostreet.ch, alle-immobilien.ch, home.ch, Publimmo, Acheter-Louer.ch, CASASOFT, IAZI), automotive (AutoScout24, MotoScout24) and general marketplaces (anibis.ch, tutti.ch, Ricardo) are now being joined by moneyland.ch in the area of finance & insurance.

    High-quality financial comparisons and expertise
    Jochen Pernegger, Managing Director Finance & Insurance at SMG, emphasised the importance of moneyland.ch: “With its high-quality financial comparisons, moneyland.ch has set standards in the industry, both then and now. We are delighted to be working together to drive the Finance & Insurance segment forward and to be able to benefit from the breadth of products, expertise and years of know-how of the moneyland team.”

    Ideal addition to the existing offering
    The integration of moneyland.ch ideally complements SMG’s offering in the finance and insurance sector. FinanceScout24, SMG’s existing brand in the Finance & Insurance segment, will be expanded through the acquisition. This will enable consumers in Switzerland to find and take out suitable products for their financial and insurance needs quickly and digitally.

    Advantages of the acquisition
    Benjamin Manz, founder of moneyland.ch, sees the acquisition as a major advantage. “Moneyland.ch can benefit from the digital expertise, network, reach and awareness of the established SMG platforms.” This will enable the comparison platform to become accessible to a broad audience. Manz adds: “We are particularly looking forward to working with the FinanceScout24 team.”

    With the acquisition of moneyland.ch, SMG Swiss Marketplace Group is strengthening its position in the Finance & Insurance segment and offering Swiss consumers extended access to high-quality comparison services.

  • Wooden buildings get CO2 certificates

    Wooden buildings get CO2 certificates

    The Swiss competence center Timber Finance Initiative and the Seattle, Washington-based company for construction technology, real estate development and fund management, Green Canopy NODE , are working together with the Zurich-based project developer South Pole and the consulting firm Gordian Knot Strategies from Portland, Oregon the development of a methodology for issuing CO2 certificates for wooden buildings, the partners inform in a communication . In concrete terms, the methodology should make it possible to measure the carbon stored in timber construction and monetize it via CO2 certificates. As a result, wooden buildings could be recognized as a negative emission technology and wood could be established as a low-emission building material.

    The globally recognized program for awarding so-called carbon credits, Verified Carbon Standard , will serve as the standard for the globally applicable methodology. "The UN Climate Change Council has recently officially recognized the storage potential and benefits of wood," Thomas Fedrizzi, co-founder of the Timber Finance Initiative, is quoted as saying in the release. "Wood is not only a carbon sink, but as a building material it also achieves emission reductions by replacing emission-intensive building materials."

    As a renewable, low-emission alternative to concrete and steel, wood can protect the environment twice, according to the statement. On the one hand, by trees removing CO2 from the atmosphere and on the other hand, by timber storing the carbon in buildings in the long term. "Houses made of solid wood are more durable and can be less expensive," explains Aaron Fairchild, co-CEO of Green Canopy NODE. "This makes climate-friendly houses accessible to people of all income levels."