Sea Eyes Fintech Growth: Is Monee the Next Revenue Pillar?

Key Takeaways SE's Monee division posted $787.1M in Q1 revenues, up 57.6% year over year, outpacing Shopee and Garena. SE drove fintech growth via a $5.8B loan book, Brazil entry and 28M loan users, up 50% year over year. SE is expanding Monee into banking, investment and insurance to build a full financial services platform.Sea Limited (SE) is capitalizing on fintech momentum, as Monee, its digital financial services division, is showing strong prospects. Monee delivered a standout performance in the fir ...