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MoneyHero investor urges board to consider potential sale

Jonathan Honig, who said he beneficially owns about 9% of MoneyHero Limited’s outstanding Class A ordinary shares and is its largest unaffiliated shareholder, urged the board in a September 29 open letter to consider options, including a potential sale.

Honig said Singapore-based MoneyHero, which runs a personal finance comparison platform, has had no permanent chief executive since it said on April 2, 2026, that Rohith Murthy’s tenure had ended and CFO Danny Leung would serve as interim CEO.

He also said the company has not explained Murthy’s departure.

MoneyHero had appointed him chief executive on February 23, 2024.

He also said annual revenue fell from US$80.7 million in FY2023 to US$73.4 million in FY2025. The shares’ most recent close was US$0.675, down more than 88% from their October 2023 debut as a public company.

MoneyHero had previously received a Nasdaq notice over its minimum bid price and later regained compliance on July 18, 2025.

Honig added that, based on his review of filings with the US Securities and Exchange Commission, no director or executive officer appeared to have bought MoneyHero shares on the open market.

🔗 Source: Jonathan Honig

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