MoneyHero Limited reports developments tied to its tech- and AI-powered personal finance aggregation, comparison, and digital insurance brokerage business in Greater Southeast Asia. The company operates consumer platforms including MoneyHero, SingSaver, Money101, Moneymax and Seedly, along with the B2B platform Creatory, across Singapore, Hong Kong, Taiwan and the Philippines.
Recurring news covers quarterly and annual results, revenue mix, operating-cost reductions, Adjusted EBITDA trends, marketing efficiency, and AI-enabled automation under Project Odyssey. Company updates also address insurance and banking product verticals, partner-network expansion, digital asset wealth product offerings in Hong Kong, and governance changes affecting executive leadership.
MoneyHero Limited (Nasdaq: MNY), a leading personal finance aggregation and comparison platform in Greater Southeast Asia, has scheduled its first quarter 2025 financial results announcement for June 13, 2025 before market opens. The company will host a conference call to discuss the results at 8:00 a.m. EDT (8:00 p.m. Hong Kong/Singapore time) on the same day. Interested parties can access the webcast and audio conference through provided registration links. A replay of the webcast will be available on the company's Investor Relations website for 12 months after the event.
MoneyHero, a leading personal finance platform in Greater Southeast Asia, reported Q4 2024 results showing significant progress toward profitability. The company's Q4 net loss narrowed to US$(18.8) million from US$(94.3) million year-over-year, while Q4 Adjusted EBITDA loss improved to US$(2.9) million.
Key highlights include:
- Q4 revenue was US$15.7 million, down 40% YoY
- Insurance revenue grew 40% in 2024, now 10% of total revenue
- Wealth products revenue increased 138% YoY
- Registered members up 42% to 7.5 million
- Approved applications increased 21% to 767,000
- Cash position of US$42.5 million with debt-free balance sheet
The company expects to achieve US$100 million in revenue and positive adjusted EBITDA by H2 2025. Management is focusing on high-margin verticals, cost optimization, and AI implementation to drive sustainable growth.
MoneyHero (NASDAQ: MNY) has launched an end-to-end car insurance purchasing platform in Hong Kong through a strategic partnership with bolttech. The enhanced platform enables customers to compare real-time quotes, customize coverage, and purchase policies instantly without third-party redirection.
The platform builds on their October 2024 partnership with bolttech, integrating advanced insurance exchange technology. Hong Kong's motor vehicle business recorded gross written premiums exceeding HK$5 billion, with insurance penetration reaching 17.2% in 2023.
MoneyHero's insurance business showed strong growth, with revenues increasing 54% year-over-year in the first nine months of 2024. The insurance vertical represented 9.5% of group revenue in Q3 2024. The company's travel insurance platform has already achieved conversion rates up to two times higher through its end-to-end purchasing model, and similar success is anticipated for car insurance.
MoneyHero (NASDAQ: MNY) has announced an expanded partnership with TransUnion to launch Credit Hero Club in Hong Kong during Q2 2025. This initiative follows their successful 2023 pilot program of a free credit score-checking mobile app.
The Credit Hero Club will offer Hong Kong consumers:
- Unlimited free access to monthly-updated personal credit scores
- Personalized tips for credit improvement
- Tailored recommendations for financial products
This launch comes as Hong Kong's consumer credit market exceeded HK$160 billion in outstanding balance between September and November 2024. The platform aims to bridge the gap in real-time credit insights access, positioning MoneyHero as a leading gateway for data-driven financial decisions.
MoneyHero (Nasdaq: MNY), a leading personal finance aggregation and comparison platform and digital insurance brokerage provider in Greater Southeast Asia, has scheduled its fourth quarter and full year 2024 financial results announcement for Tuesday, April 29, 2025, before market opens.
The company will host a conference call to discuss the results at 8:00 a.m. EDT on the same day. Investors can access the webcast and audio conference through the provided registration links, with the webcast replay remaining available on the Investor Relations website for 12 months following the event.
MoneyHero (NASDAQ: MNY) has launched a new three-click travel insurance purchase feature in Singapore, streamlining the process for frequent travelers. The enhancement enables returning users to purchase travel insurance with just three clicks, reducing the time spent by over 75% compared to traditional methods.
Key features include:
- Real-time quote comparison from leading insurers
- Customizable coverage options
- Instant purchase without third-party redirections
- Autofill functionality for personal details
- Immediate policy confirmation
The company's insurance business has shown strong growth, with revenues increasing by 54% year-over-year in the first nine months of 2024. Currently supporting 11 insurers in Singapore and Hong Kong, MoneyHero plans to expand the three-click feature to additional insurance products and markets.
MoneyHero (Nasdaq: MNY) announced the resignation of CFO Hao Qian, effective December 15, 2024. The company has appointed Danny Leung, current Group Finance Director, as interim CFO. Leung, who joined MoneyHero in 2024, brings over two decades of finance experience across growth-stage businesses and public companies.
Prior to MoneyHero, Leung served as Senior Financial Controller at Marga Group and Financial Controller at Kontafarma China Holdings. The outgoing CFO, Qian, cited personal reasons for his departure, wanting to be closer to family in China. During his tenure, Qian helped improve finance functions, restructured teams, cut costs, and streamlined revenue streams.
The company has initiated a formal search process for a permanent CFO with support from global executive search advisors.
MoneyHero (Nasdaq: MNY) announced the resignation of CFO Hao Qian, effective December 15, 2024. The company has appointed Danny Leung, current Group Finance Director, as interim CFO. Leung, who joined MoneyHero in 2024, brings over two decades of finance experience from roles at Marga Group, Kontafarma China Holdings, Lee Kum Kee, and Deloitte.
During his tenure, Qian helped improve finance and accounting functions, restructured teams, cut costs, and streamlined revenue streams. The company has initiated a formal search process for a permanent CFO with support from global executive search advisors.