By Connor Hart
Shares of MoneyHero climbed after Bloomberg reported that Bolttech is in talks to buy the financial technology company.
The stock was up 14%, to $1.56, in premarket trading Wednesday. Through Tuesday's close, shares have gained nearly 50% over the past year.
Bolttech is doing due diligence and valuation work for a potential takeover of MoneyHero, but talks are continuing and a deal isn't guaranteed, Bloomberg said, citing people familiar with the matter.
A deal would combine two companies backed by billionaire Richard Li; his investment vehicle, Pacific Century Group, is a shareholder in both.
A representative for Bolttech declined to comment to Bloomberg, while MoneyHero didn't have an immediate comment.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
February 25, 2026 06:49 ET (11:49 GMT)
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