SingSaver, Seedly owner MoneyHero makes $10.5m bid to acquire rival MoneySmart

SingSaver, Seedly owner MoneyHero makes $10.5m bid to acquire rival MoneySmart

The Straits Times - Business·2024-08-23 15:02

SINGAPORE – Financial products platform MoneyHero has made a non-binding offer to acquire all the shares of personal finance portal MoneySmart in a deal valued at around US$8.0 million (S$10.46 million). 

The offer announced on August 23 could raise that value following a due diligence process. 

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