Joonko.de

Joonko.de

closed
Offers a simple and transparent way to find and compare financial products. Learn more
  • Edit
DateInvestorsAmountRound
-

N/A

-

€10.0m

Seed
Total Funding€10.0m

Recent News about Joonko.de

Edit
More about Joonko.deinfo icon
Edit

Joonko.de is a startup that initially focused on providing a comprehensive car insurance comparison service in Germany, particularly targeting expatriates. The company aimed to simplify the complex German car insurance system, offering users a straightforward way to compare different types of car insurance policies, including third-party liability, partial, and fully comprehensive insurance. This service was especially beneficial for expatriates who might find navigating the German insurance landscape challenging.

However, as of October 30, 2020, Joonko.de has ceased its direct car insurance comparison service. Instead, the comparison function is now managed by another provider. Despite this shift, Joonko.de continues to earn revenue through affiliate commissions. This means that for every sale made through their platform, Joonko.de receives a commission from the insurance provider. Importantly, this service remains free for users, ensuring that they can still benefit from the comparison without any additional cost.

In addition to its insurance services, Joonko.de also appears to have ventured into the luxury replica watch market. The website offers a variety of replica Rolex watches, promoting them as high-quality yet affordable alternatives to the original luxury timepieces. This diversification indicates a broader business strategy aimed at tapping into different market segments.

Joonko.de operates primarily in the German market but serves a niche segment of expatriates and luxury watch enthusiasts. Its business model revolves around affiliate marketing for insurance products and direct sales of replica watches. By leveraging affiliate commissions and sales revenue, Joonko.de sustains its operations and continues to provide value to its clients.

Keywords: car insurance comparison, expatriates, Germany, affiliate commissions, luxury replica watches, third-party liability, comprehensive insurance, niche market, user-friendly, affordable alternatives.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.