MoneyHero Launches Project Odyssey to Accelerate Profitable AI-Driven Growth

Core Insights - MoneyHero Limited has launched Project Odyssey, an AI initiative aimed at accelerating revenue growth and expanding operating margins through intelligent automation and conversational product experiences [1][4][12] - The company has reported over 20% quarter-on-quarter revenue growth from Q1 to Q2 2025, driven by increased conversions in credit cards, personal loans, and insurance [2][7] - MoneyHero is on track to achieve positive Adjusted EBITDA and generate free cash flow in the latter part of 2025, supported by a solid balance sheet with approximately US$30 million in cash as of June 30, 2025 [2][7] Financial Performance - Q2 2025 revenue growth exceeded 20% quarter-on-quarter, indicating strong financial momentum [2][7] - The company aims to increase its insurance and wealth revenue mix from over 20% to more than 30% by the end of 2026 [7] - MoneyHero's member base reached approximately 8.6 million across Singapore, Hong Kong, Taiwan, and the Philippines as of June 30, 2025 [7] AI Initiative - Project Odyssey - Project Odyssey is designed to embed AI across core customer journeys and internal workflows, aiming to increase conversion rates and reduce costs [4][12] - The AI-powered Car Insurance SaverBot Beta has been launched on WhatsApp in Singapore, simplifying the insurance purchasing process for users [1][6] - Internal pilot testing of the Car Insurance SaverBot Beta shows a significant reduction in customer friction, with users completing the quote process in under 3 minutes compared to 8-12 minutes in traditional web flows [9][10] Market Context - MoneyHero operates in Greater Southeast Asia, leveraging its position as a leading personal finance tech platform with over 270 commercial partner relationships [13][22] - The conversational insurance approach aligns well with the mobile-first behavior prevalent in Southeast Asian markets, particularly in the Philippines [14][15] - The company plans to extend its AI capabilities to other financial products, including personal loans, credit cards, and wealth management [20]