The Numbers Were Big - 59%

Did you know that 59% of Australians don’t have access to $3,000 in an emergency, with over 21% not having $1,000 in savings?

We knew we could create a solution!
Stress and interest-free excess no longer needed to be a dream.

Our Story

MoneyLoop was founded in January 2018, with the sole goal of enabling consumers to manage their unexpected emergency expenses better.

We noticed that nearly 3 in 5 Australians do not have access to $3,000 in an emergency, and 1 in 5 do not have $1,000 in savings.
This eventually makes claiming on their insurance product not only emotionally stressful but also financially.

Our Ethos

We strongly believe in

  • Empowering those we serve
  • Always delivering value
  • Being customer-centric, respectful and braving the truth
  • Innovating and challenging the status quo

Our Mission

To help people through the challenging times of an 'insurance' emergency with unconditional, stress and interest-free excess.

Finding cash for your insurance excess can be emotionally stressful and financially challenging. We're on a mission to make sure that the excess claims process is never stressful again.

MoneyLoop supports the majority of insurance products that have excess payable at claim

$100,000

Loans financed...and counting

150,000+

Customers Empowered

0

Loans turned away

       

Customer Rating

Why Us?


For Insurers We

  • Improve customer experience
  • Decrease customer churn
  • Reduce claim management costs
  • Improve cashflow

For Customers We Provide

  • Support and peace of mind during life’s unexpected moments
  • Interest-free excess payments
  • Reduce claim management costs
  • Flexible excess instalment plans

Our Success Stories


“I wouldn’t have been able to pay my [excess] if it wasn’t for MoneyLoop. The company would have cancelled my contract and I would have been stuck without a car. It’s been a lifesaver!”

Samuel G,
Customer

“This allows our customers to drive for longer because it gets our cars back on the road sooner. Splend gets improved revenue and lower costs.”

Head of Insurance,
Splend

“I didn’t even know a product like this existed. I received an unexpected bill for $1,300 for hail damage and the MoneyLoop product and service has been amazing.”

Scott H,
Customer

“This helps our customers and solves a huge problem for us around customer retention."

Operations Manager,
DriveMyCar