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MoneyHero initiated with a Buy at Greenridge

Greenridge initiated coverage of MoneyHero (MNY) with a Buy rating and $4 price target MoneyHero is Southeast Asia’s “leading” personal finance aggregation and comparison platform, says the analyst, who notes the company operates leading local brands in Singapore, Hong Kong, Taiwan and the Philippines. The firm sees “significant” revenue and profit potential for the company as it ramps up its high margin insurance brokerage business, the analyst tells investors.

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