Business Daily Media

The Times


.

Zero Fintech Group Limited (Stock Code: 0093.HK) Announces Record-Breaking 2024 Annual Results

HONG KONG SAR - Media OutReach Newswire - 16 April 2025 - Zero Fintech Group Limited ("Zero Fintech" or the "Company", stock code: 0093.HK), a leading fintech innovator, is proud to announce its stellar financial performance for the year ended 31 December 2024, showcasing remarkable growth driven by strategic execution and advanced risk management.



2024 annual report EＮ

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

The issuer is solely responsible for the content of this announcement.

About Zero Fintech Group Limited

Founded in 1969, Zero Fintech Group Limited, previously known as Termbray Industries International (Holdings) Limited, has evolved to focus on three core business areas: property development and investment, money lending, and payment solutions, tailored for individual clients and small to medium-sized enterprises (SMEs).

Under the "Zero Finance" brand, the Group's subsidiary has introduced the X Wallet App — "The First A.I. Express Loan App in Hong Kong". The app features X Lend, an instant AI-based lending service, and X Pay, a "buy now, pay later" function, making it the one and only "Super App" in the city that offers both lending and payment services.

With a presence across Hong Kong and Mainland China, Zero Fintech Group Limited provides a comprehensive platform for financial transactions, delivering diverse and innovative solutions to its clientele.

News from Asia

Sunway Medical Centre Damansara Marks New Chapter in Specialist and International Patient Care

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 9 October 2026 – Sunway Medical Centre Damansara (SMCD), the fourth tertiary hospital under Sunway Healthcare Group (SHG), celebrated its Officia...

BINGXUE Opens First U.S. Store in Davis, California: Shandong’s First Mass-Market Tea Beverage Brand Enters North America

DAVIS, US – Media OutReach Newswire – 9 October 2026 – BINGXUE, a mass-market tea beverage brand from Shandong, has opened its first U.S...

Singapore-headquartered Topview AI expands filmmaking tools as creators take AI into series and feature films

Five million registered users and returning production teams underpin the company’s move beyond video marketingSINGAPORE - Media OutReach Newswire - 9 October 2026 - A filmmaker can have a script ...

1exchange and Ondo Finance Partner to Expand Access to Tokenized Equities

1exchange and Ondo Finance explore opportunities around tokenized equities and regulated secondary market access for eligible investors in Asia. SINGAPORE – Media OutReach Newswire – 8 October...

"The Carbon Pursuit of Happiness" Premieres October 10: A New Chapter for In-Depth Dialogue on Health and Humanity

BEIJING, CHINA – Media OutReach Newswire – 9 October 2026 – "The Carbon Pursuit of Happiness" is co-produced by Phoenix Media Group, Guangzhou Pharmaceutical, and Guangzhou Baiyunshan Pharmaceutic...

Tianli International: Leveraging Hong Kong as a Strategic Hub to Build a New Global Education Footprint

HONG KONG SAR – Media OutReach Newswire – 9 October 2026 – Since the beginning of this year, Hong Kong's international education market has continued to gain momentum, drawing close attention...

Josie Ho Shines in Desert diamonds at Hong Kong Premiere of The Mage

De Beers Group and Chow Tai Fook celebrate Josie Ho as a true reflection of Desert diamonds — individual, resilient and naturally distinctiveHONG KONG SAR – Media OutReach Newswire – 9 October 20...

Ping An Digital Bank Becomes Hong Kong’s First Digital Bank to Enter High-End Wealth Management Segment

Introducing Private Funds, Complementing End-to-End Digital Capabilities with Dedicated Offline Wealth Management Service, Creating a Digital Wealth Management Experience That Balances Flexibility ...

New Handheld Robotic Technology Powers Knee Surgery at Thomson Hospital

KOTA DAMANSARA, MALAYSIA – Media OutReach Newswire – 9 October 2026 – Thomson Hospital Kota Damansara (Thomson) has unveiled handheld, robotic-assisted technology in its operating theatres, bringi...

Garvee Welcomes Fall With a Curated Collection for Home Refresh and Holiday Living

ONTARIO, US – Media OutReach Newswire – 9 October 2026 – As fall settles in and the holiday season approaches, families are spending more time at home and looking for simple ways to refresh their ...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...