Rogers Media Inc. has sold online personal finance magazine MoneySense to Toronto-based fintech company Ratehub Inc., for an undisclosed sum. MoneySense, meanwhile, is an online content portal that Rogers Media says is visited by 700,000 people every month. Rogers Media ultimately axed the print version of MoneySense as part of sweeping cutbacks in the fall of 2016. "It was important to us to find a good home for MoneySense, where the brand would continue to flourish and deliver high-quality content," Rogers Media president Rick Brace said. The deal comes against the backdrop of reported ongoing efforts by Rogers Media to sell off a number of its other publishing properties.

Source: CBC News November 29, 2018 18:49 UTC