MoneyHero Reports Q2 Earnings with Narrowing Losses Amid Strategic Shifts
MoneyHero (MNY) reported second-quarter earnings for 2026, showing a narrowing Adjusted EBITDA loss of $1.6 million and Constant FX EBITDA loss of $900,000—both down year-over-year due to improved cost efficiency and reduced operating spend. Revenue declined by 13% to $15.8 million as the company shifted its accounting strategy for cash rewards in Singapore and Hong Kong. Despite a softer quarter overall, MoneyHero maintained Total Transaction Value at $20.9 million when including cash rewards of $5.1 million (up 77%). The firm also reported improved approval rates to 48% due to better customer funnel quality and reduced technology costs by half through automation and platform consolidation. Hong Kong revenue remained stable, contributing 50% of total group revenue at $7.8 million, while Singapore saw a 20% decline in revenue attributed to increased cash rewards deployment.
Topics: cash rewards ebitda foreign exchange revenue