MoneyHero Group has announced the launch of Project Odyssey, a company-wide artificial intelligence (AI) initiative aimed at accelerating growth and improving margins through automation and conversational technology.
The Singapore and Hong Kong-based FinTech firm said the move builds on its second-quarter revenue growth of more than 20% compared with the previous quarter and its progress towards achieving positive adjusted EBITDA later this year.
As part of the initiative, MoneyHero is rolling out a beta version of its new Car Insurance SaverBot, an AI-powered tool designed to simplify insurance purchases by enabling customers to compare and select policies through WhatsApp conversations.
“We’ve demonstrated we can grow profitably—Q2 marked our first quarterly net income,” said Rohith Murthy, Chief Executive Officer of MoneyHero Group. “Project Odyssey applies AI pragmatically to remove customer friction and lift conversion across our higher-margin verticals. The Car Insurance SaverBot Beta converts a multi-step form into a single conversation, making it easier for our 8.6 million members to navigate complex financial decisions. Early pilots are encouraging, and our focus is scaling this across our insurance vertical to drive measurable conversion and revenue impact through 2026.”
The SaverBot will begin staged deployment in Singapore in November, with full rollout planned for 2026. It allows users to compare car insurance policies, view benefits, and complete purchases via direct links to insurers’ websites.
According to MoneyHero, internal pilot tests showed that customers using the bot completed the quotation process in under three minutes—compared to eight to twelve minutes through the company’s traditional web-based flow.
The company said the tool operates in accordance with Monetary Authority of Singapore (MAS) guidelines and includes “human-oversight safeguards” that escalate complex cases to licensed advisors. Customer data is handled in compliance with the Personal Data Protection Act 2012.
MoneyHero said Project Odyssey marks the next phase of its 18-month transformation plan, which has focused on improving cost discipline and shifting towards higher-margin verticals such as insurance and wealth.
The company said the initiative aims to “accelerate revenue growth through smarter product matching and personalised insights,” while “improving margins via AI-assisted workflows and operating leverage.”
Automation will be introduced across functions including content creation, campaign operations, and customer support. MoneyHero expects AI-driven products to account for around 30% of total revenue by the end of 2026, up from 20% as of June 2025.
“Our AI transformation isn’t just about efficiency—it’s about meeting our users where they are,” Murthy said. “In markets like the Philippines, conversational commerce is the norm. By bringing insurance and wealth products into messaging platforms, we’re removing customer friction and making financial empowerment accessible to millions more families across Southeast Asia.”
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