Photo credit: MoneyHero Group
MoneyHero, a personal finance and digital insurance player, has appointed former Alibaba executive Hao Qian as its new CFO.
In his new role, Qian will oversee the firm’s financial operations such as accounting, capital markets, compliance, and investor relations. He will also assist in strategic finance initiatives such as forging partnerships and closing M&A deals.
Prior to joining MoneyHero, Qian spent nearly eight years at Alibaba Group, where he served as CFO for Lazada in Singapore, Indonesia, and Vietnam. He also worked as a senior financial analyst at Amazon and as a market risk analyst at Credit Suisse.
Established in 2014, MoneyHero provides personal finance aggregation and comparison services. In October 2023, it listed on the Nasdaq through a SPAC merger with Peter Thiel-backed Bridgetown Holdings.
The group’s revenue for the fourth quarter of 2023 stood at approximately US$35 million, a 50% increase from the same period in 2022. Revenue for its Singapore business more than doubled over the same period.
See also: Singapore firms’ love affair with Nasdaq continues despite post-IPO heartaches
Editing by Miguel Cordon and Lorenzo Kyle Subido
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