About MoneyHero
MoneyHero is a company based in Hong Kong (China) founded in 2012.. MoneyHero has raised $50 million across 2 funding rounds from investors including Goldman Sachs, International Finance Corporation and Alibaba Entrepreneurs Fund. MoneyHero operates in a competitive market with competitors including Suning Finance, Datebao, 17doubao, Xiaoyusan and WuKongBao, among others.
- Headquarter Hong Kong, China
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$50 M (USD)
in 2 rounds
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Latest Funding Round
$50 M (USD), Series B
Dec 20, 2017
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Investors
Goldman Sachs
& 3 more
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Employee Count
Employee Count
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Funding Insights of MoneyHero
MoneyHero has successfully raised a total of $50M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in December 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $50.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Series B - MoneyHero | Valuation | IFC | |
| May, 2013 | Amount | Seed - MoneyHero | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MoneyHero
MoneyHero has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, International Finance Corporation and Alibaba Entrepreneurs Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Capital and guidance are provided to startups for growth.
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MoneyHero
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MoneyHero
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Moneyhero Comparisons
Competitors of MoneyHero
MoneyHero operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Suning Finance, Datebao, 17doubao, Xiaoyusan and WuKongBao, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial products are offered via an online platform.
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| domain | founded_year | HQ Location |
Operates as an online platform for comparing and purchasing discounted insurance products.
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| domain | founded_year | HQ Location |
Healthcare insurance is distributed online to corporates and individuals.
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| domain | founded_year | HQ Location |
Online insurance aggregator platform
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| domain | founded_year | HQ Location |
Insurance distribution platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Moneyhero
Frequently Asked Questions about MoneyHero
When was MoneyHero founded?
MoneyHero was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is MoneyHero located?
MoneyHero is headquartered in Hong Kong, China.
Is MoneyHero a funded company?
MoneyHero is a funded company, having raised a total of $50M across 2 funding rounds to date.
What does MoneyHero do?
MoneyHero was established in 2012 in Hong Kong, China, within the fintech sector. An online platform is maintained for comparing life and non-life insurances, including home, travel, car, and domestic helper coverage. Quotes for personal loans, tax loans, and wealth management accounts are also generated. Operations focus on the Hong Kong market through moneyhero.com.hk, supporting user decisions in financial products.
Who are the top competitors of MoneyHero?
MoneyHero's top competitors include WuKongBao, Suning Finance and Bicai.
Who are MoneyHero's investors?
MoneyHero has 4 investors. Key investors include Goldman Sachs, International Finance Corporation, Alibaba Entrepreneurs Fund, and Nova Founders Capital.