MoneyHero Limited Appoints Deloitte as New Auditor Amid Internal Control Concerns

MoneyHero Limited ( (MNY) ) has issued an announcement.

On December 1, 2025, MoneyHero Limited’s Audit Committee decided to replace Ernst & Young with Deloitte Touche Tohmatsu as their independent registered public accounting firm, effective December 5, 2025. This change follows the identification of material weaknesses in the company’s internal controls over financial reporting for the fiscal years ending in 2023 and 2024, which were reported in their annual reports. Despite these issues, there were no disagreements between MoneyHero Limited and Ernst & Young regarding accounting principles or practices during the relevant periods.

The most recent analyst rating on (MNY) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on MoneyHero Limited stock, see the MNY Stock Forecast page.

Spark’s Take on MNY Stock

According to Spark, TipRanks’ AI Analyst, MNY is a Neutral.

MoneyHero Limited’s overall stock score is driven by significant financial challenges, including negative profitability and cash flow. However, positive developments from the earnings call, such as revenue growth and strategic shifts, provide some optimism. Technical indicators suggest mixed momentum, and valuation remains a concern with a negative P/E ratio.

To see Spark’s full report on MNY stock, click here.

More about MoneyHero Limited

MoneyHero Limited is a company based in Singapore, operating in the financial services industry. It focuses on providing financial solutions and services, although specific details about its primary products or market focus are not provided in the release.

Average Trading Volume: 236,576

Technical Sentiment Signal: Hold

Current Market Cap: $69.29M

For a thorough assessment of MNY stock, go to TipRanks’ Stock Analysis page.