US EditionStashfin's Parent Company Returns to Profitability in FY2024 - Fintech Singapore
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Stashfin's Parent Company Returns to Profitability in FY2024 - Fintech Singapore
Morus Technologies, the Singapore-based parent of fintech platform Stashfin, has posted a profit for the financial year ended 31 March 2024, reversing a steep loss from the previous year. The turnaround was fueled by a sharp rise in interest income from its lending operations. The group reported a total comprehensive profit of US$2.6 million for FY2024, compared to a restated loss of US$13.2 million a year earlier, according to financial stateme…
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