Streetbeat News

MNY

MoneyHero Limited Class A Ordinary Shares

https://www.moneyherogroup.com

Industry

Internet Content & Information

MoneyHero Limited operates as a personal finance company. The company was founded in 2014 and is headquartered in Singapore.

Open

1.13

Mkt cap

47M

Volume

41K

High

1.18

P/E Ratio

-0.38

52-wk high

4.70

Low

1.13

Div yield

N/A

52-wk low

0.76

MoneyHero Limited (NASDAQ:MNY) is launching a new car insurance platform using bolttech's insurance exchange technology. This strategic partnership aims to enhance MoneyHero's digital insurance offerings in Hong Kong, Singapore, and the Philippines.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 1:23 pm

MoneyHero's shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 3:36 pm

MoneyHero reported a significant increase in Q2 sales, reaching $20.67 million, up from $16.65 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:04 am

MoneySmart Group has rejected an unsolicited, non-binding $8 million offer from MoneyHero Group to acquire 100% of its shares. This decision indicates that MoneySmart is not interested in the acquisition proposal at this time.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 1:36 pm

MoneyHero Limited (NASDAQ:MNY) has announced a strategic partnership with Jirnexu Pte. Ltd. to enhance its long-term strategy in the Malaysia market. As part of the deal, MoneyHero's B2C brand CompareHero will be acquired by Jirnexu Sdn. Bhd., while MoneyHero will retain an equity stake in Jirnexu Pte. Ltd. The transaction is expected to close in early July 2024.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 1:03 pm

MoneyHero Group has reiterated its FY24 revenue guidance of $100M, reporting a 24% YoY revenue increase to $22.2M in Q1. The company attributes its growth to strategic initiatives and strong performance across core markets, despite seasonal challenges. Key growth drivers include insurance brokerage, strong partner relationships, and the Creatory platform. The company is investing in growth and market share expansion, with a focus on operational efficiencies and higher margin products.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:34 am

MoneyHero (NASDAQ:MNY) reported Q1 earnings per share (EPS) of $(0.30), an 82.35% improvement from $(1.70) YoY. Sales increased by 23.87% to $22.18 million from $17.90 million YoY.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:32 am

MoneyHero, a financial technology company, has appointed Hao Qian as its new Chief Financial Officer (CFO).

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 1:08 pm

MoneyHero (NASDAQ:MNY) reported a Q4 EPS loss of $(2.80), a 27.27% decrease from last year's $(2.20) loss per share. Sales rose to $26.40M, a 53.14% increase from $17.24M in the same period last year.

Portfolio Pulse from saritha@benzinga.com

April 29, 2024 | 11:02 am

In Thursday's after-market session, communication services stocks saw significant movements. Notably, Snap and Alphabet reported their Q1 earnings, leading to substantial gains in their stock prices, with Snap up 25.4% and Alphabet (GOOGL and GOOG) up by approximately 12%. Pinterest, MoneyHero, and MultiMetaVerse Holdings also saw gains. Conversely, Chicken Soup for the Soul, GD Culture Group, Taboola.com, NFT, Society Pass, and VS Media Holdings experienced declines.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 8:33 pm

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