MoneyHero Limited Class A Ordinary Shares

SingSaver, Singapore's leading personal finance comparison platform and part of Nasdaq-listed MoneyHero Group, launched a Home Loans comparison category in partnership with Redbrick Mortgage Advisory. Under the partnership, SingSaver contributes its brand and high-intent user base while Redbrick manages the underlying bank panel and broker relationships, handling the process from comparison through to application. The launch takes SingSaver into Singapore's largest household debt category, where outstanding home loans reached S$296.4 billion in the first quarter of 2026, about 71% of total household debt, a balance that has grown for ten consecutive quarters according to SingStat and the Monetary Authority of Singapore. Three-month compounded Singapore Overnight Rate Average stood around 1.19% in mid-September 2026, with bank mortgage rates across major lenders now well below the HDB concessionary rate of 2.6%, which has not changed since the second quarter of 2026. For a borrower with S$800,000 outstanding, the difference between 2.6% and 1.4% is roughly S$454 a month, or about S$5,400 a year, while on a S$300,000 HDB loan it is closer to S$170 a month, an arithmetic SingSaver says is driving a refinancing wave among HDB flat owners whose lock-in periods have expired.

MoneyHero Ltd reported a narrower adjusted EBITDA loss for the second quarter of 2026, with the figure improving 17% year over year to $1.6 million and 49% year over year to $2.7 million for the first half. Revenue for the quarter declined 13% year over year to $15.8 million, a drop interim CEO and CFO Danny Leung attributed to a deliberate strategic shift toward cash rewards, which under IFRS are deducted from revenue rather than recorded as a cost; cash rewards totaled $5.1 million in the quarter, up 77% year over year, and adding them back put total transaction value flat year over year at $20.9 million. The quarter swung to a net loss of $1.2 million from net income of $0.2 million a year earlier, mainly on a $3.1 million foreign exchange swing, while credit card revenue fell 18% year over year to $8.9 million and insurance revenue declined 7% to $2.4 million. Hong Kong, the anchor market, held broadly flat at $7.8 million in the quarter and grew 15% year over year to $16.3 million in the first half, while Singapore returned to segment profit of $0.2 million from a $0.5 million loss a year earlier. Technology costs fell 50% year over year to $0.5 million through platform consolidation and AI-driven automation, the company ended the quarter debt-free with $28.2 million in cash, and its member base grew 17% year over year to 10.1 million.

Moneymax, the Philippines platform of MoneyHero Limited, has announced a partnership with East West Banking Corporation to expand access to personal loan products for Filipino consumers. The collaboration enables consumers to discover and compare EastWest personal loans on Moneymax, with eligible applicants starting their loan application on the platform and having their details digitally transmitted to EastWest for processing and approval. This partnership comes amid sustained growth in consumer lending in the Philippines, with Bangko Sentral ng Pilipinas data showing consumer loans expanded by 21.4% year-on-year in December 2025, outpacing business lending. Shravan Thakur, Chief Commercial Officer of MoneyHero Group, said the partnership strengthens Moneymax's personal loan offering and reinforces its role as a comparison platform, while EastWest CEO Jerry N. Go highlighted the collaboration's focus on connecting customers to practical banking solutions at the point of exploring financing options.

MoneyHero reported unaudited first-quarter 2026 results with revenue of $16.52 million, a 15.4% increase year-over-year that exceeded consensus by $0.34 million. GAAP loss per share was $0.20, missing estimates by $0.14. Higher-margin Wealth and Insurance revenue grew 31% year-over-year and accounted for over 28% of total revenue, up from 25% in the prior-year period. Monthly Unique Users reached 3.9 million, while MoneyHero Group Members expanded 24% year-over-year to 9.8 million. The approval rate rose to 48% from 36% a year earlier, with 156,000 approved applications out of 329,000 total applications.