Fred Schebesta
Cryptocurrency

Corporate cop ASIC sues Finder for alleged ‘unlicensed conduct’ over its crypto product Earn

- December 15, 2022 2 MIN READ

Corporate regulator the Australian Securities & Investment Commission (ASIC) has launched ASIC has launched Federal Court action against a subsidiary of comparison website Finder over its recently closed crypto production, Finder Earn. ASIC alleges that Finder Wallet Pty Ltd provided unlicensed financial services, breached product disclosure requirements and failed to comply with design and distribution… Read more »

Fred Schebesta
People

Finder’s crypto evangelist, Fred Schebesta, walks away from co-CEO role to focus on the VC side

- December 6, 2022 2 MIN READ

Fred Schebesta, the cofounder of comparison website Finder, and one of the country’s leading cryptocurrency advocates, is stepping down from his role as co-CEO and will no longer be the company’s colourful public face. SmartCompany’s Tegan Jones reports that Schebesta will leave his cofounder Frank Restuccia to run the global business on his own, as… Read more »

Cryptocurrency

Finder has killed off its fixed return stablecoin product, Earn

- November 25, 2022 2 MIN READ

Comparison site Finder has killed off its cryptocurrency product Earn, which offered customers a flat rate return for investing in stablecoins, arguing it “no longer” served customers amid rising interest rates. In a blog post strangely titled “Finder Earn is being sunset” just two days before the shutdown, the company said “As interest rates have… Read more »

Cryptocurrency

Cryptonite: rising interest rates are killing bitcoin and most experts predict a crypto winter until at least 2023

- July 15, 2022 4 MIN READ

Finder conducts a quarterly survey of 53 crypto experts  They predict bitcoin will end 2022 at US$25,473 10% say its time to sell out, 50% buy 70% think ‘winter’ will continue until at least 2023 Interest rates and the Terra collapse are to blame. Australian cryptocurrency experts have cut their predictions on the value of… Read more »

Fred Schebesta
Funding

Comparison site Finder valued at $680 million after taking on $30 million in its first raise

- December 9, 2021 2 MIN READ

Comparison site Finder has raised $30 million in the first raise in its 15-year history as it pivots to fintech business with a focus on digital assets. A single investor, Microsoft-backed Sydney fund Future Now Capital, wrote the cheque for an equity stake in the Sydney-headquartered company, on a $650 million pre-money valuation. Finder plans… Read more »

Damon Pezaro
People

Finder gets its first CPO as it looks to ramp up its headcount by 50%

- September 8, 2021 2 MIN READ

Comparison website Finder has appointed its first Chief Product Officer, with product executive Damon Pezaro signing on from online lender, Prospa. Pezaro has been tasked with scaling Finder’s product vision and strategy internationally. His more than 20 years of experience includes being CPO at Domain Group. Finder co-founder and chief operating officer, Jeremy Cabral, said… Read more »

Topics

Finder’s 18-month hunt for an Australian boss is finally over as Viacom’s Chris Ellis signs on

- April 1, 2020 < 1 MIN READ

  Finder finally has a new local leader following an 18-month hunt by the comparison site’s co-founders and global co-CEOs Fred Schebesta and Frank Restuccia, with ViacomCBS exec Chris Ellis taking on the newly created role of CEO of Finder Australia. English-born Ellis departed  ViacomCBS, owners of the Ten TV network, as VP of Commercial… Read more »