Zero Fintech Group Limited Reports Remarkable Growth in 2024 Financial Year

Hong Kong Sar – Media Awareness Newswire – April 16, 2025 – Zero Fintech Group Limited (“Zero Fintech” or “the Company”, Stock Code: 0093.hk) has announced impressive financial results for the year ending December 31, 2024. This success is attributed to strategic execution and advanced risk management practices that drove significant growth.

2024 Financial Highlights

The Company’s financial performance for 2024 showcased outstanding results:

• Revenue: HK$ 261.8 million – This reflects a 33% year-on-year increase, primarily driven by the fintech loan segment, which accounted for 98% of total income.
• Net Profit: HK$ 27.1 million – This figure represents a remarkable 123% year-on-year growth, underscoring the effectiveness of operational efficiency and disciplined risk management practices.
• Membership Growth: Registered members increased to 160,000, signaling the success of our user acquisition strategies and the appeal of our products.

Strategic Initiatives and Partnerships

Zero Fintech has made significant strategic moves to enhance its market position:

• Strategic Alliance with Standard Chartered Bank (Hong Kong): This pivotal partnership aims to leverage the efficiency and innovation of the X Wallet to enhance financial services.
• Robust Credit Risk Assessment Policy: A comprehensive and improved risk control structure has been established, refining our credit rating system and contributing to a reduction in bad debt.
• Algorithm Accuracy Enhancement: By leveraging advanced technologies like cloud computing and big data, we have significantly improved the efficiency of our loan approval process, reducing the waiting time to just 5 seconds.
• Acquisition of Alpha Times: The strategic purchase of LhaW Times Technology Limited bolsters our internal IT capabilities, minimizing reliance on external technology providers.
• X Pay Launch: The introduction of X Pay positions X Wallet as a leading super-application in Hong Kong’s integrated financial services landscape, with over 1,000 merchants already onboarded.

Future Directions Amid Economic Challenges

Looking forward, Zero Fintech is poised to navigate ongoing global economic challenges with a clear focus on growth and resilience:

• Expanding the X and X pay portfolios through AI-driven credit models and omnichannel marketing strategies.
• Enhancing risk management protocols to effectively address rising interest rates and market volatility.
• Exploring synergies within the fintech sector to ensure long-term sustainability and success.

Discover More

For a comprehensive overview of our financial performance and strategic plans, explore the full annual report here.

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