MoneyHero Group reports US$1.2 million net loss in Q2 2026 as cash rewards revenue expands

MoneyHero Group reported its second quarter results for 2026 with a total transaction value expansion of 9 percent in the first six months of the year. Second quarter cash rewards increased by 77 percent year-over-year, reaching US$15.8 million in revenue for that period alone. The company noted revenue remained flat at US$32.3 million across the first half. Impacting profitability was foreign exchange volatility, which caused a net loss of US$1.2 million and a US$0.1 million FX loss specifically this quarter, contrasting with a US$3.0 million FX gain in the prior year. Excluding unrealized FX impacts, Constant FX EBITDA loss narrowed 64 percent year-over-year to US$(0.9) million. Adjusted EBITDA loss narrowed 17 percent year-over-year to US$(1.6) million. The group improved its approval rate by 9 percentage points year-over-year to 48 percent in the second quarter. Higher-margin Wealth and Insurance products now account for 30 percent of total revenue, with Wealth alone up 22 percent year-over-year in the first half. Operational expenses decreased 12 percent year-over-year to US$18.2 million following technology stack optimization and AI automation. The group maintained a debt-free balance sheet with US$28.2 million in cash and cash equivalents.