Monetary product comparability platform MoneyHero has promoted Shravan Thakur as its Chief Business Officer (CCO), efficient 20 March 2024.
As CCO, Thakur is ready to guide MoneyHero’s business operations throughout Better Southeast Asia, aiming to reinforce income development, diversify enterprise items, and enhance profitability.
He’ll concentrate on scaling the corporate’s business and analytics departments, leveraging his experience to develop and implement efficient methods and foster company partnerships.
Thakur has been with MoneyHero since April 2021, initially serving because the Normal Supervisor for Hong Kong earlier than taking up the position of Group Co-Head of Business in November 2022.
In his earlier capability, Thakur performed a pivotal position in shaping the corporate’s business methods in Hong Kong and Taiwan. He was instrumental in forming a strategic partnership with TransUnion, enhancing MoneyHero’s credit score scoring companies.
With over 20 years of expertise, together with stints at American Categorical and PricewaterhouseCoopers, Thakur’s experience spans development methods, enterprise growth, and partnership applications.
Thakur’s promotion is a part of MoneyHero’s broader technique to bolster its govt workforce following its Nasdaq itemizing. The corporate reported a greater than 20% improve in year-over-year income for the fiscal 12 months 2023 and a significant surge within the fourth quarter.
This development trajectory is supported by strategic investments geared toward enhancing MoneyHero’s platform and increasing its market share, significantly in Singapore and Hong Kong.
Rohith Murthy, CEO of MoneyHero stated,
“On behalf of MoneyHero, I need to congratulate Shravan on his well-deserved promotion as we cap off one other 12 months of sturdy efficiency and embark on a brand new journey of bold development. Trying ahead in 2024, we’re poised for accelerated income will increase throughout our platform, fueled by our workforce’s confirmed potential to scale effectively and organically.
Actually, topic to the dangers concerning forward-looking statements highlighted by the Firm on this press launch and its public filings, MoneyHero is ready to surpass the important thing threshold of US$100 million in enterprise-wide revenues this 12 months, aiming additionally to realize adjusted EBITDA positivity—a feat unmatched by any private finance aggregation platform in our area.”