MoneyHero Group (Nasdaq: MNY)

🏆We’re proud to announce that MoneyHero Group has been named “Personal Finance Tech of the Year” at the prestigious Asia FinTech Awards 2024! 🎉This award is a significant recognition of our commitment to empowering consumers and delivering value through our strategic pillars and core businesses. Our strategic pillars are the foundation of our success:      👉Consumer Pull: Attracting 8.5M Monthly Unique Users for the three months ended March 31, 2024, who trust us for their financial decisions. 👉Conversion Expertise: Driving 206,000 approved applications in Q1 2024 through optimized user journeys and seamless interactions. 👉Insurance Brokerage: Expanding our offerings, contributing 8.2% to our Group revenue in Q1 2024. 👉 Strong Partner Relationships: Collaborating with top financial institutions to offer the best deals and exclusive products. 👉Operating Leverage: Efficiently scaling operations to enhance profitability. As the company behind #Singapore’s largest personal finance community platform, Seedly, we continue to foster meaningful conversations and connections among consumers. Additionally, through Creatory by MoneyHero Group, we empower content creators by helping them reach new audiences and build strong marketplace brands. Being named the Personal Finance Tech of the Year underscores our leadership in the fintech space and our dedication to creating value for our users, partners, and the broader community across Greater #SoutheastAsia. We’re excited to continue our journey, driving innovation and growth in personal finance and digital insurance! 🚀 Read the press release: https://lnkd.in/gRSKdg5M #Winning #CustomerSuccess #Leadership #Finance #GlobalFinance #PersonalFinance #Innovation #AsianMarket #Growth #FinancialSolutions

🎉 🎉 We're excited to share that MoneyHero Group has been shortlisted for the "Personal Finance Tech of the Year" category at Asia FinTech Awards & Conference 2024! This shortlisting celebrates our commitment to pushing the boundaries of fintech innovation and empowering individuals with cutting-edge personal finance solutions. We're honored to be among the finalists and look forward to the awards ceremony on 23 August 2024. Check out the full list of shortlisted nominees: https://lnkd.in/g4DHgmv4 #AsiaFinTechAwards2024 #FinTech #PersonalFinance

MoneyHero puts our users first and is committed to enhancing #CustomerExperience through technological #innovation. We are pleased to announce that MoneyHero has successfully implemented MoEngage, the leading insights-led customer engagement platform purpose-built for financial services. This partnership allows us to improve our user journey and better meet the evolving expectations of our customers. By leveraging MoEngage’s #AI-powered analytics and #personalization capabilities, we can now drive meaningful and seamless customer engagement across channels (email, web push, and on-site messaging). This transformation in how we interact with our users aligns perfectly with our pillar of #ConversionExpertise, enhancing user experience and supporting continued growth throughout our footprint in Greater Southeast Asia with cutting-edge solutions like MoEngage. #MoneyHeroGroup #FinanceInnovation #PersonalFinance #DigitalTransformation

MoneyHero Group is thrilled to announce the signing of a strategic transaction with Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, the largest operating B2C platform in the #Malaysian market!   Through this deal, CompareHero, MoneyHero’s B2C brand and platform operating exclusively in Malaysia, will be acquired by Jirnexu Sdn. Bhd. In connection, MoneyHero will retain an equity position in Jirnexu Pte. Ltd., transitioning from an operator to a long-term investor in the exciting Malaysia market!   This strategic transaction is about maximizing the value of our interests in Malaysia, both for the near-term and long-term, as well as being able to reallocate resources towards stronger and more-controllable growth opportunities in our other core markets: #Singapore, #HongKong, #Taiwan, and the #Philippines. This deal will ensure MoneyHero, and its shareholders, continue to benefit from the industry’s evolving opportunities in Malaysia, but instead of being an operator, the Company is now a long-term investor in the market’s leading player, who is better positioned for continued growth and does not compete with us in any other geography. 🚀 Press release: https://lnkd.in/gbz8VtW4    #MoneyHeroGroup #StrategicGrowth #Acquisition #FinanceInnovation #PersonalFinance #MalaysiaMarket #InvestorRelations #DigitalTransformation #GlobalMarket #ShareholderValue

MoneyHero Group (NASDAQ: MNY) reported its Q1 2024 earnings for the period ended March 31, 2024. Key financial highlights include: - Q1 revenue of US$22.2 million ⬆️ 24% YoY - Online financial comparison platform revenue (our core business) ⬆️ 22% YoY - Creatory revenue ⬆️ 34% YoY—now contributing 19% to Group Revenue (⬆️ 2% YoY) - Insurance revenue ⬆️ 44% YoY—now contributing 8% to Group Revenue (⬆️ 1% YoY) In addition to this strong YoY growth across our business units, MoneyHero also saw impressive revenue increases in our core markets of Singapore (⬆️ 61% YoY) and Hong Kong (⬆️ 37% YoY), where we continue to far-outpace our peers. Rohith Murthy, CEO of MoneyHero, said: “I am pleased to report another strong quarter, with revenue increasing by 24% year-over-year to $22.2 million. This significant growth underscores the effectiveness of our strategic initiatives and the robust performance across our core markets. Despite Q1 historically being a lower quarter due to the Chinese New Year holidays and the shorter month of February, which typically results in a drop from Q4 to Q1, we have achieved substantial year-over-year growth. This demonstrates the resilience and strength of our business model in overcoming seasonal challenges."   Press release: https://lnkd.in/gCPFTByG #MoneyHero #AsiaFintech #Fintech #Earnings #InvestorRelations #ConsumerFinance #EmergingMarkets #PersonalFinance #PersonalInsurance #Creators #Growth ### This may contain “forward-looking statements” within the meaning of the U.S. federal securities laws including projections of future economic and financial conditions and are subject to numerous known and unknown risks and uncertainties. Please refer to those described in the “Risk Factors” section of MoneyHero Limited’s annual report on Form 20-F filed on April 29, 2024, and our other SEC filings which are available here https://lnkd.in/gzdNgS3e. There may be additional risks that we currently do not know, or that we currently believe are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Any estimates, assumptions, expectations, forecasts, views, or opinions, whether or not identified in this communication, should be regarded as preliminary and for illustrative purposes only and should not be relied upon as being necessarily indicative of future results. Forward-looking statements speak only as of the date they are made. Undue reliance should not be placed on such statements.

We’re thrilled to announce that Creatory by MoneyHero Group has joined hands with The Club (HKT Digital Ventures - Digital Commerce) to boost Hong Kong’s #CreatorEconomy. This collaboration marks a significant milestone for Creatory as it expands its presence in Hong Kong, enabling Creatory to offer its #influencer marketing solutions outside of personal finance and expand into new areas of travel, wellness, experience, loyalty and lifestyle sectors. Rohith Murthy, Chief Executive Officer of MoneyHero Group said “We are excited to deepen our collaboration with The Club following its strategic partnership with MoneyHero in 2023. This collaboration extends Creatory’s influencer marketing services to the wider Hong Kong community and unlocks new opportunities for our creators to monetize their influence. Over the past few years, Creatory has established itself as a trusted brand through strong partnerships with top-tier financial institutions. This strategic move allows us to bridge content creators with a wider array of brands, fostering collaboration and growth across new domains. We are excited to lead the way in shaping the future of influencer marketing and empowering creators to thrive.” Learn more about this collaboration, please visit: https://lnkd.in/gdTCnxNd #Finance #PersonalFinance #Innovation #AsianMarket #Growth #FinancialSolutions

Father's Day is coming up this Sunday. To celebrate this special occasion, we hosted a virtual talk session and invited three inspiring dads, including our own Thomas Kapeller, Group Head of Insurance at MoneyHero Group, alongside Sam Neo and Jevon (Jiehan) Yang, to share their journeys in navigating the complexities of work-life balance and fatherhood. Here are some key takeaways as they reflected on the evolving role of fathers in today's world: 👉The landscape of fatherhood has changed and it's no longer about just being the breadwinner of the family. Today, fathers are expected to be equal parents, making memories with kids and family. 👉 It's important for dads to prioritize self-care and set boundaries to balance the needs of kids, family, career and personal well-being. 👉 Fathers should speak up and normalize the need for time and space to fulfill their responsibilities as parents. The more openly we discuss it, the more people around us will understand, accept and make room for it. With gratitude to all fathers, Happy Father's Day! #MNY #MNYLife

A recent study conducted by MoneyHero in Hong Kong has shed light on borrowing trends among Hongkongers. Some of the key findings include: 🚀 A surge in consumer interest in urgent loans, with a 36.7% increase in organic traffic data over the last two years. 📊 Growing interest in loans from licensed money lenders, with the proportion of applications for money lender loans through MoneyHero growing from 51% in 2022 to 62% in 2023. 🔄 High repeat applications during the tax loan period, with 53% of repeat applications made during the 2023 tax loan period from October 2023 to January 2024. You can read more in the article from Hong Kong Economic Times: https://lnkd.in/d7JkXHzB English press release: https://lnkd.in/dFk_gJwE #Finance #GlobalFinance #PersonalFinance #Innovation #AsianMarket #Growth #FinancialSolutions #personalloan

🎉MoneyHero Group is honored to be named among the Best Companies to Work for in Asia, Hong Kong 2024 by HR Asia. This award recognizes our ongoing commitment and dedication to fostering a vibrant organizational culture that attracts top talent and supports professional development. “Our employees have been the primary drivers of our success over the past ten years, and we are immensely proud of the culture that we have created. This award is dedicated to our team who live our values every single day,” said Rohith Murthy, Chief Executive Officer at MoneyHero Group. “MoneyHero Group is a purpose-driven organisation and we believe that a fulfilling career is fueled by purpose. Our employees embody our purpose to drive meaningful change in personal finance for millions of people in the region. This focus on impact, coupled with our collaborative culture and commitment to professional development, is what attracts top talent.” We are grateful for this recognition and remain committed to cultivating an exceptional workplace. Read more: https://lnkd.in/gQj2KHxT Press release: https://lnkd.in/gHVhcCxi #bestcompaniestoworkforinasia #Finance #GlobalFinance #PersonalFinance #Innovation #AsianMarket #Growth #FinancialSolutions

We are thrilled to announce the appointment of Hao Qian as #MoneyHero Limited’s new #CFO! Mr. Qian holds an MBA from MIT’s Sloan School of Management, and brings 17+ years of diverse financial and leadership experience to our team. His extensive background includes senior roles at globally respected organizations like Alibaba and Amazon, and his expertise spans across #accounting, #capitalmarkets, #compliance, M&A, and #investorrelations — making him the ideal candidate to spearhead our financial strategy as we continue to grow and innovate! 🎉 In his new role, Mr. Qian will work closely with our CEO and Board of Directors to lead strategic financial initiatives, including M&A and commercial partnerships. As we welcome Mr. Qian aboard, we also want to express our gratitude to Ivan Ho, who served as our interim CFO, for his dedication and contributions during his tenure. Ivan will resume his role as MoneyHero’s Group Finance Director, where he will collaborate closely with Mr. Qian to ensure a seamless transition. 🚀 “As we conducted an extensive search for our new CFO, Hao emerged as the clear choice…I’m confident that Hao’s leadership will further propel MoneyHero towards achieving our strategic goals and driving shareholder value.” – Rohith Murthy, CEO Read more: https://lnkd.in/g262cVaF #Leadership #Finance #GlobalFinance #PersonalFinance #Innovation #AsianMarket #Growth #FinancialSolutions