2024 Financial Highlights:
- Revenue: HK$261.8 million – a 33% increase YoY, driven by our Fintech Lending segment, which contributed 98% of the total revenue.
- Net Profit: HK$27.1million – a 123% increase YoY, reflecting operational efficiency and disciplined risk management.
- Membership: Registered members grew to 160K, demonstrating successful user acquisition strategy and product attractiveness to users.
Strategic Highlights:
- Strategic Alliance with Standard Chartered Bank (Hong Kong)
This partnership is a pivotal move to seek to leverage proprietary A.I. technology of X Wallet to drive efficiency and innovation within the financial sector.
- Well developed Credit Risk Assessment Policy
We have established a rigorous risk control structure and enhanced our credit scoring system regarding the procedures for authorizing, approving and renewing credit facilities. This well-developed policy has helped to improve our bad debt.
- Improvement of the accuracy of the algorithm
By combining the cutting-edge technologies such as cloud computing, big data to create a safer and more efficient financial ecosystem. At the same time. This model keeps helping to improve the efficiency of our approval process to 5 seconds only, which greatly reduce the time required of customers from application to loan withdrawal.
- Strategic Acquisition of Alpha Times
It further strengthens our investment on technology by acquiring Alpha Times Technology Limited to bolster in-house IT capabilities and reducing reliance on external technical vendors.
- Quick acceptance of X Pay ( “Buy Now, Pay Later”)
The launching of X Pay positions X Wallet as Hong Kong’s first integrated financial services super-app. Over 1,000 merchants are adopting X Pay to offer Buy Now, Pay Later service to their customers.
Looking ahead, while global economic challenges persist, we’re committed to:
- Expanding X Wallet and X Pay through AI-driven credit models and omnichannel marketing.
- Strengthening risk frameworks to navigate rising interest rates and market volatility.
- Exploring synergies between fintech and property sectors for long-term sustainability.
Explore the Full Report: https://www.zerofintech.com.hk/wp-content/uploads/2025/03/ew_00093Ann-202503271.pdf
Hashtag: #ZeroFintech #XPay #XWallet
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About Zero Fintech Group Limited
