Fintech firm MoneyHero's Q2 revenue falls, posts net loss
MNY•Outlook
- Company aims to broaden product mix and deepen member engagement with new digital features in H2 2026
- MoneyHero remains focused on converting efficiency gains into full-year Adjusted EBITDA improvement
Overview
- Personal finance platform's Q2 revenue fell 13% yr/yr, reflecting cash rewards shift
- Adjusted EBITDA loss narrowed 17% yr/yr, driven by cost discipline and technology optimization
- Company reported net loss of US$1.2 mln, mainly due to FX volatility
Result Drivers
- Cash rewards strategy - Co said shift to cash rewards in Singapore and Hong Kong reduced reported revenue but helped attract higher-intent users
- Cost discipline - Operational expenses fell 12% yr/yr, driven by technology stack optimization and AI-driven automation
- Higher-quality conversions - Approval rate rose 9 p.p. yr/yr to 48%, with increased revenue per approved application from focus on high-intent users
Key details and analyst coverage
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