Financial product comparison platform MoneyHero has promoted Shravan Thakur as its Chief Commercial Officer (CCO), effective 20 March 2024.
Shravan Thakur
As CCO, Thakur is set to lead MoneyHero’s commercial operations across Greater Southeast Asia, aiming to enhance revenue growth, diversify business units, and improve profitability.
He will focus on scaling the company’s commercial and analytics departments, leveraging his expertise to develop and implement effective strategies and foster corporate partnerships.
Thakur has been with MoneyHero since April 2021, initially serving as the General Manager for Hong Kong before taking on the role of Group Co-Head of Commercial in November 2022.
In his previous capacity, Thakur played a pivotal role in shaping the company’s commercial strategies in Hong Kong and Taiwan. He was instrumental in forming a strategic partnership with TransUnion, enhancing MoneyHero’s credit scoring services.
With over two decades of experience, including stints at American Express and PricewaterhouseCoopers, Thakur’s expertise spans growth strategies, business development, and partnership programs.
Thakur’s promotion is part of MoneyHero’s broader strategy to bolster its executive team following its Nasdaq listing. The company reported a more than 20% increase in year-over-year revenue for the fiscal year 2023 and a major surge in the fourth quarter.
This growth trajectory is supported by strategic investments aimed at enhancing MoneyHero’s platform and expanding its market share, particularly in Singapore and Hong Kong.
Rohith Murthy
Rohith Murthy, CEO of MoneyHero said,
“On behalf of MoneyHero, I want to congratulate Shravan on his well-deserved promotion as we cap off another year of strong performance and embark on a new journey of ambitious growth. Looking forward in 2024, we are poised for accelerated revenue increases across our platform, fueled by our team’s proven ability to scale efficiently and organically.
In fact, subject to the risks regarding forward-looking statements highlighted by the Company in this press release and its public filings, MoneyHero is set to surpass the key threshold of US$100 million in enterprise-wide revenues this year, aiming also to achieve adjusted EBITDA positivity—a feat unmatched by any personal finance aggregation platform in our region.”
