Price comparison site We Need1 , a platform that introduces buyers and sellers of a range of products , is looking to fill what its co - creators claim is an uncontested gap in the insurance market - its algorithm offers real - time rather than pre - fixed price quotes . Entrepreneur Chris Thorpe and 16-year - old Mohammed Ali , who designed the coding for the site , turned down a $ 10 m investment for the site from US investors . Ali , who learned to code from books and internet tutorials , commented , " this is a real time money comparison expert – it ’s like a Bloomberg for the general public ” .
Price comparison site We Need1, a platform that introduces buyers and sellers of a range of products, is looking to fill what its co-creators claim is an uncontested gap in the insurance market - its algorithm offers real-time rather than pre-fixed price quotes. Entrepreneur Chris Thorpe and 16-year-old Mohammed Ali, who designed the coding for the site, turned down a $10m offer for the platform from US investors. Ali, who learned to code from books and internet tutorials, said, "this is a real time money saving expert – it’s like a Bloomberg for the general public”.