For the first half of 2023, Yondr is thrilled to announce outstanding growth and significant milestones achieved. Through a dedicated team effort and a commitment to innovation, Yondr has witnessed impressive increases in customers, transaction volume, and transaction value, solidifying our position as an emerging fintech in the industry.
Yondr CEO Shane Chanel said:
"I am delighted to share with you the exceptional results that Yondr has achieved in the first half of 2023. I am proud of the team's unwavering commitment and dedication, which have propelled us to new heights in our journey towards sustainable growth.
Amidst a dynamic business landscape characterised by rising interest rates and high inflation, our strong results demostrates the increasing relevance of our products and services to our customers. We understand the challenges they face and strive to provide innovative solutions that address their evolving needs.
Yondr continues to focus on growth and scaling. We are leveraging AI to enhance personalisation and the customer experience and continue to roll out our banking as a service solution for retailers, fintech, and banks alike. These initiatives will help us achieve our goal of becoming a leading provider of financial technology solutions.
I am confident that Yondr is well-positioned for continued success in the years to come. We have a strong team, a clear vision, and a commitment to innovation. I am excited to see what we can accomplish together."
A Phenomenal 59.76% Customer Growth:
70.12% Surge in Transaction Volume:
Transaction Value Increase of 54.14%:
Significant Growth in FX Transactions:
Yondr operations continue to be extremely lean maximising efficiency during these challenging markets. While celebrating our achievements, we acknowledge the ongoing challenges that motivate us to strive for continuous improvement.
Enhancing Customer Success:
Advancing Product Intelligence:
"We are incredibly proud of the exceptional growth achieved in the first half of 2023," said Shane Chanel. "This success is a testament to the hard work and dedication of our team, who consistently go above and beyond to deliver innovative solutions that meet the evolving needs of our customers."
None of our accomplishments would have been possible without the exceptional efforts of our talented team, the support of our partners, and the trust placed in us by our investors.
We want to express our sincere gratitude to NIUM, Visa, Microsoft, Stone & Chalk, Incode, and Fintech Australia for their ongoing support, collaboration, and guidance. Their expertise, resources, and shared commitment to innovation have been invaluable in our journey towards success.
As we celebrate these strong results, it is crucial to acknowledge the challenges that lie ahead. We remain vigilant and committed to delivering even greater value to our customers, refining our products and services, and strengthening our position as a leader in the industry.
Looking forward, we will continue to invest in research and development, fostering strategic partnerships and harnessing technological advancements to deliver cutting-edge solutions. We are committed to driving positive change, empowering individuals and businesses to thrive in an ever-evolving financial landscape.
Once again, we extend our heartfelt appreciation to our exceptional team, partners, and investors for their continued support and hard work. Together, we will navigate the challenges, seize opportunities, and shape a brighter future for Yondr and our valued customers.
For more information, please contact:
Andrew Ly - Head of Marketing & Growth, Yondr Money
Yondr's mission is to help people achieve more by providing them with an intelligent financial management platform. Using cutting-edge technology, Yondr is transforming the way people think about and manage their finances, empowering them to make smarter decisions and achieve their financial goals.