Jirnexu Pte. Ltd. acquires CompareHero from MoneyHero Group in strategic partnership
06/28/24, 1:20 PM
Location
Industry
financial services
lending
fintech
financial services
MoneyHero Group, the leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, has announced a strategic partnership with Jirnexu Pte. Ltd. in the Malaysian market. As part of the agreement, CompareHero, the B2C brand of MoneyHero Group operating exclusively in Malaysia, will be acquired by Jirnexu Sdn. Bhd., operator of RinggitPlus, the largest operating B2C platform in the Malaysian market. MoneyHero will retain an equity stake in Jirnexu Pte. Ltd., enabling both companies to enhance their long-term strategy for the Malaysia market.