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Consumers in Hong Kong to benefit from enhanced access to credit monitoring, financial education, and personalized financial products
SINGAPORE, April 14, 2025 (GLOBE NEWSWIRE) -- MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced an expanded collaboration with TransUnion, a global information and insights company, to launch the innovative Credit Hero Club in Hong Kong in Q2 2025.
This joint effort builds on the success of its pilot program in 2023, during which MoneyHero launched a free credit score-checking mobile app in collaboration with TransUnion. The expanded collaboration aims to empower consumers to understand, manage, and improve their credit health more effectively, serving as a significant growth strategy and revenue driver for MoneyHero’s core credit products in Hong Kong.
Empowering Consumers with Financial Clarity
Hong Kong’s consumer credit market surpassed HK$160 billion in outstanding balance between September 2024 and November 20241. However, access to real-time credit insights remains fragmented. Credit Hero Club aims to bridge this gap, positioning MoneyHero as the leading gateway for smarter, data-driven financial decisions. Through Credit Hero Club, consumers in Hong Kong will receive the following from the MoneyHero platform:
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Obtain unlimited free access to their personal credit scores, updated monthly.
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Get personalized, actionable tips to enhance their creditworthiness and financial profiles.
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Benefit from tailored recommendations for credit cards, loans, mortgages, and other financial products.
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In the future, consumers may be able to utilize tool, which would provide an estimated probability of acceptance for various financial products in the market for their reference.
Credit Hero Club enables consumers to make informed decisions and achieve better financial outcomes, thereby strengthening MoneyHero’s relationships with customers and financial institutions alike.
Stronger Financial Outcomes for Consumers and Institutions
“We’re excited to deepen our partnership with TransUnion following our successful pilot,” said Rohith Murthy, CEO of MoneyHero. “Credit Hero Club will significantly enhance transparency and simplicity in the consumer credit journey, driving higher user engagement and conversion rates. By empowering our customers to better manage their financial health, we are simultaneously unlocking value for financial institutions, which benefit from increased access to informed, creditworthy consumers.”