MoneyHero Limited Class A Ordinary Shares (MNY) 20-F 29 Apr 24 2023 FY Annual report (foreign) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Dec. 31, 2023 shares
Document Information Line Items
Entity Registrant Name	MoneyHero Limited
Document Type	20-F
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Central Index Key	0001974044
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Ex Transition Period	false
ICFR Auditor Attestation Flag	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Entity File Number	001-41838
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	70 Shenton Way
Entity Address, Address Line Two	#18-15, EON Shenton
Entity Address, Postal Zip Code	S079118
Entity Address, Country	SG
Entity Address, City or Town	Singapore
Entity Interactive Data Current	Yes
Document Financial Statement Error Correction [Flag]	false
Document Accounting Standard	International Financial Reporting Standards
Auditor Firm ID	1409
Auditor Name	Ernst & Young
Auditor Location	Hong Kong
Business Contact
Document Information Line Items
Entity Address, Address Line One	70 Shenton Way
Entity Address, Address Line Two	#18-15, EON Shenton
Entity Address, Postal Zip Code	S079118
Entity Address, Country	SG
Entity Address, City or Town	Singapore
Contact Personnel Name	Shaun Kraft
City Area Code	+65
Local Phone Number	6322 4392
Contact Personnel Email Address	IR@MoneyHeroGroup.com
Class A ordinary shares, par value $0.0001 per share
Document Information Line Items
Trading Symbol	MNY
Title of 12(b) Security	Class A ordinary shares, par value $0.0001 per share
Security Exchange Name	NASDAQ
Warrants
Document Information Line Items
Trading Symbol	MNYWW
Title of 12(b) Security	Warrants
Security Exchange Name	NASDAQ
Class A Ordinary Shares
Document Information Line Items
Entity Common Stock, Shares Outstanding	25,280,667
Class B Ordinary Shares
Document Information Line Items
Entity Common Stock, Shares Outstanding	13,254,838

Consolidated Statements of Loss

Consolidated Statements of Loss and Other Comprehensive (Loss)/Income - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Profit or loss [abstract]
REVENUE	$ 80,671,081	$ 68,132,256	$ 61,882,481
Cost and expenses:
Cost of revenue	(43,929,982)	(33,881,248)	(29,880,855)
Advertising and marketing expenses	(16,244,958)	(16,473,378)	(15,624,780)
Technology costs	(9,522,437)	(6,554,254)	(5,058,948)
Employee benefit expenses	(24,931,493)	(34,289,879)	(29,553,721)
General, administrative and other operating expenses	(16,725,243)	(13,854,809)	(8,000,759)
Foreign exchange differences, net	656,605	(4,051,710)	(2,993,005)
Operating loss	(30,026,427)	(40,973,022)	(29,229,587)
Other income/(expenses):
Other income	877,514	181,509	140,725
Share-based payment on listing	(67,027,178)
Finance costs	(19,028,007)	(7,800,597)	(1,702,457)
Changes in fair value of financial instruments	(57,333,432)	(1,101,484)	(178,859)
LOSS BEFORE TAX	(172,537,530)	(49,693,594)	(30,970,178)
Income tax (expense)/credit	(62,983)	251,779	38,173
LOSS FOR THE YEAR	(172,600,513)	(49,441,815)	(30,932,005)
Other comprehensive (loss)/income that may be reclassified to profit or loss in subsequent periods (net of tax):
Exchange differences on translation of foreign operations	(820,391)	3,088,057	2,340,885
Other comprehensive (loss)/income that will not be reclassified to profit or loss in subsequent periods (net of tax):
Remeasurement (losses)/gains on defined benefit plan	(29,965)	42,103	27,292
OTHER COMPREHENSIVE (LOSS)/INCOME FOR THE YEAR, NET OF TAX	(850,356)	3,130,160	2,368,177
TOTAL COMPREHENSIVE LOSS FOR THE YEAR, NET OF TAX	$ (173,450,869)	$ (46,311,655)	$ (28,563,828)
LOSS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT
Basic (in Dollars per share)	$ (17.92)	$ (102.43)	$ (143.21)

Consolidated Statements of Lo_2

Consolidated Statements of Loss and Other Comprehensive (Loss)/Income (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Profit or loss [abstract]
Diluted	$ (17.92)	$ (102.43)	$ (143.21)

Consolidated Statements of Fina

Consolidated Statements of Financial Position - USD ($)	Dec. 31, 2023	Dec. 31, 2022
NON-CURRENT ASSETS
Goodwill
Intangible assets	7,294,083	14,406,672
Property and equipment	190,489	293,613
Right-of-use assets	589,721	778,414
Deposits	26,072	128,927
Total non-current assets	8,100,365	15,607,626
CURRENT ASSETS
Accounts receivable	17,236,384	9,684,035
Contract assets	16,024,969	11,140,109
Prepayments, deposits and other receivables	4,855,371	3,523,947
Tax recoverable	388	22,386
Pledged bank deposits	188,745	195,883
Cash and cash equivalents	68,641,016	24,077,695
Total current assets	106,946,873	48,644,055
CURRENT LIABILITIES
Accounts payable	23,839,894	16,653,695
Other payables and accruals	9,381,722	6,553,317
Other derivative financial instruments		2,796,131
Warrant liabilities	1,839,808	12,449,145
Lease liabilities	574,630	492,735
Provisions	71,872	66,118
Total current liabilities	35,707,926	39,011,141
NET CURRENT ASSETS	71,238,947	9,632,914
TOTAL ASSETS LESS CURRENT LIABILITIES	79,339,312	25,240,540
NON-CURRENT LIABILITIES
Lease liabilities	31,431	292,952
Other payables		208,698
Interest-bearing borrowings		8,745,192
Deferred tax liabilities	29,272	35,540
Provisions	194,260	136,278
Total non-current liabilities	254,963	9,418,660
NET ASSETS	79,084,349	15,821,880
EQUITY
Issued capital	4,200	2,020
Reserves	79,080,149	15,819,860
TOTAL EQUITY	$ 79,084,349	$ 15,821,880

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($)	Issued capital	Share premium		Capital, warrant and other reserves		Share option reserve		Retirement benefit reserve		Exchange fluctuation reserve		Accumulated losses		Total
Balance at Dec. 31, 2020	$ 265	$ 108,515,276		$ 23,747		$ 7,184,050				$ (2,963,366)		$ (85,446,416)		$ 27,313,556
Loss for the year												(30,932,005)		(30,932,005)
Other comprehensive loss for the year:
Exchange differences on translation of foreign operations										2,340,885				2,340,885
Remeasurement gains (losses) on defined benefit plan, net of tax								27,292						27,292
Total comprehensive loss for the year								27,292		2,340,885		(30,932,005)		(28,563,828)
Equity-settled share option arrangements						9,352,862								9,352,862
Balance at Dec. 31, 2021	265	108,515,276	[1]	23,747	[1]	16,536,912	[1]	27,292	[1]	(622,481)	[1]	(116,378,421)	[1]	8,102,590
Loss for the year												(49,441,815)		(49,441,815)
Other comprehensive loss for the year:
Exchange differences on translation of foreign operations										3,088,057				3,088,057
Remeasurement gains (losses) on defined benefit plan, net of tax								42,103						42,103
Total comprehensive loss for the year								42,103		3,088,057		(49,441,815)		(46,311,655)
Issue of shares	1,755	39,598,355												39,600,110
Equity-settled share option arrangements						14,430,835								14,430,835
Balance at Dec. 31, 2022	2,020	148,113,631	[1]	23,747	[1]	30,967,747	[1]	69,395	[1]	2,465,576	[1]	(165,820,236)	[1]	15,821,880
Loss for the year												(172,600,513)		(172,600,513)
Other comprehensive loss for the year:
Exchange differences on translation of foreign operations										(820,391)				(820,391)
Remeasurement gains (losses) on defined benefit plan, net of tax								(29,965)						(29,965)
Total comprehensive loss for the year								(29,965)		(820,391)		(172,600,513)		(173,450,869)
Scrip dividend for preference shares	46	(46)
Shares issued pursuant to share-based payment arrangement	3	2,358,717				(2,358,720)
Shares issued upon exercise of Class C warrants	2,718	51,347,266												51,349,984
Capital Reorganization - Share Exchange	(3,317)	3,317
Repurchase and cancellation of Old Class A Ordinary Shares		(14,170)												(14,170)
Capital Reorganization - Shares issued to acquire net assets of Bridgetown	2,497	153,544,381												153,546,878
Reclassification of warrant liabilities				12,049,646										12,049,646
Shares issued for the settlement of expenses	32	499,968												500,000
Shares issued upon the exercise of call option for loan notes	201	12,332,834												12,333,035
Reclassification of liabilities for long-term employee benefits				318,921										318,921
Equity-settled share option arrangements						6,629,044								6,629,044
Balance at Dec. 31, 2023	$ 4,200	$ 368,185,898	[1]	$ 12,392,314	[1]	$ 35,238,071	[1]	$ 39,430	[1]	$ 1,645,185	[1]	$ (338,420,749)	[1]	$ 79,084,349
[1]These reserves accounts comprise the consolidated reserves of US$79,080,149 (2022: US$15,819,860; 2021: US$8,102,325) in the consolidated statement of financial position.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Loss before tax	$ (172,537,530)	$ (49,693,594)	$ (30,970,178)
Adjustments for:
Finance costs	19,028,007	7,800,597	1,702,457
Interest income	(872,503)	(28,043)	(14,734)
Gain on disposal of items of property and equipment, net	(3,690)	(4,539)	(542)
Loss on lease modifications		65,406
Depreciation of property and equipment	218,471	328,438	335,971
Depreciation of right-of-use assets	743,956	871,157	784,029
Amortization of intangible assets	6,202,250	3,589,155	2,780,348
Impairment of intangible assets	3,105,507	1,450,781
Impairment of goodwill		4,382,926
Equity-settled share option expense	6,629,044	14,430,835	9,352,862
Other equity-settled transactions	500,000	882,115
Share-based payment on listing	67,027,178
Gain on derecognition of convertible loans and bridge loan		(135,031)
Changes in fair value of financial instruments, net	57,333,432	1,101,484	178,859
Other long-term employee benefits expense/(credit)	109,702	(4,951,482)	(240,028)
Retirement benefits expense	56,672	75,376	156,279
Unrealized foreign exchange difference, net	(895,392)	3,389,441	2,746,780
Provision for expected credit losses	3,757		53,558
Reversal of provision for expected credit losses	(1,558)	(14,242)	(26,898)
Total adjustments	(13,352,697)	(16,459,220)	(13,161,237)
(Increase)/decrease in accounts receivable	(7,396,057)	5,351,533	(7,310,022)
(Increase)/decrease in prepayments, deposits and other receivables	(1,196,743)	(728,924)	445,085
Increase in contract assets	(4,759,157)	(2,618,240)	(3,834,058)
Increase in accounts payable	6,957,443	736,264	5,338,141
Payment for reinstatement of terminated lease	(33,977)
Increase/(decrease) in other payables and accruals	2,764,508	(834,285)	4,184,924
Cash used in operations	(17,016,680)	(14,552,872)	(14,337,167)
Interest paid	(48,363)	(42,130)	(48,171)
Income tax refunded	22,338
Retirement benefits paid		(14,402)
Net cash flows used in operating activities	(17,042,705)	(14,609,404)	(14,385,338)
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received	859,454	15,905	5,207
Purchases of items of property and equipment	(117,337)	(254,925)	(281,832)
Proceeds from disposal of items of property and equipment	6,104	9,002	542
Additions to intangible assets	(2,097,621)	(4,734,550)	(5,166,059)
Decrease/(increase) in pledged bank deposits	7,138	(10,775)	(32,971)
Net cash flows used in investing activities	(1,342,262)	(4,975,343)	(5,475,113)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from convertible loans		12,656,069
Proceeds from bridge loan		7,000,000	13,150,000
Settlement of bridge loan		(6,390,000)
Proceeds from loan notes	5,000,000	22,397,271
Proceeds from Capital Reorganization, net	91,513,464
Settlement of loan notes	(32,720,827)
Principal portion of lease payments	(730,908)	(873,308)	(785,494)
Payment of other finance costs			(780,000)
Net cash flows from financing activities	63,061,729	34,790,032	11,584,506
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS	44,676,762	15,205,285	(8,275,945)
Cash and cash equivalents at beginning of year	24,077,695	9,190,286	17,610,635
Effect of foreign exchange rate changes, net	(113,441)	(317,876)	(144,404)
CASH AND CASH EQUIVALENTS AT END OF YEAR	$ 68,641,016	$ 24,077,695	$ 9,190,286

Corporate and Group Information

Corporate and Group Information	12 Months Ended
	Dec. 31, 2023
Corporate and Group Information [Abstract]
CORPORATE AND GROUP INFORMATION	1. CORPORATE AND GROUP INFORMATION MoneyHero Limited (the “Company”) is a limited liability company incorporated in the Cayman Islands on March 21, 2023 to facilitate the public listing (“Capital Reorganization”) of CompareAsia Group Capital Limited (“CGCL”). The registered office of the Company is located at 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands. The principal place of business of the Company is located at 70 Shenton Way, #18-15, EON Shenton, S079118, Singapore. The Company and its subsidiaries (collectively, the “Group”) was primarily involved in the operation of online comparison platforms for banking, insurance and other financial products, the provision of advertising and marketing services and insurance brokerage services. Capital Reorganization The Capital Reorganization (see note 27) was effectuated by: ○ a special purpose acquisition company (“SPAC”) Bridgetown Holdings Limited (“Bridgetown”), incorporated in the Cayman Islands and listed on the Nasdaq Stock Market (“NASDAQ”), merging on October 12, 2023 (“Closing Date”) with Gemini Merger Sub 1 Limited, incorporated in the Cayman Islands and a directly wholly-owned subsidiary of the Company; with Gemini Merger Sub 1 Limited surviving and remaining as a wholly-owned subsidiary of the Company (“Initial Merger”); ○ Gemini Merger Sub 2 Limited, incorporated in the Cayman Islands and a directly wholly-owned subsidiary of the Company, merging with CGCL on October 12, 2023; with CGCL surviving and becoming a wholly-owned subsidiary of the Company; and ○ the Company becoming a publicly traded company on NASDAQ on October 13, 2023. In connection with this Capital Reorganization, the Company acquired the ordinary shares, preference shares and warrants of CGCL on the Closing Date by way of exchanging 10,254,474 Class A ordinary shares and 4,450,419 Preference Shares of the Company for the 33,379,256 ordinary shares and 14,486,506 preference shares of CGCL outstanding as of the Closing Date at an exchange ratio of 0.307212 (“Share Exchange”); and exchanging 20,067,574 private warrants of the Company for 20,067,574 warrants of CGCL (“CGCL Warrants”). The Company acquired the ordinary shares and warrants of Bridgetown on the Closing Date by way of exchanging an aggregate of 24,515,133 Class A and Class B ordinary shares, 19,833,035 public warrants and 6,449,936 sponsor warrants of the Company for the 24,515,133 ordinary shares and 26,282,971 warrants of Bridgetown (“Bridgetown Warrants”), as well as the issuance of 451,839 Class A ordinary shares of the Company to settle certain working capital loans of Bridgetown, as of the Closing Date. On October 13, 2023, the Company’s ordinary shares and public warrants commenced trading on NASDAQ using the symbol “MNY” and “MNYWW”, respectively. The Capital Reorganization is not within the scope of IFRS 3 Business Combination Share-based Payment This amounts to approximately US$67,027,000 which is expensed to profit or loss as a share listing expense and considered non-recurring in nature. Prior to the Capital Reorganization, the audited consolidated financial statements for the year ended December 31, 2022 were issued for CGCL, which is the predecessor to the Company for financial reporting purposes. The Company had no operations prior to the Capital Reorganization. As a result of the Capital Reorganization, CGCL became a wholly-owned subsidiary of the Company. The comparable consolidated financial statements as of December 31, 2022 and for the years ended December 31, 2022 and 2021 represent the consolidated financial statements of CGCL and its subsidiaries. These consolidated financial statements have been presented as a continuation of the consolidated financial information of the CGCL Group, except for the capital structure (see note 27). All information related to the numbers of ordinary and preference shares, share options and warrants disclosed in the consolidated financial statements were adjusted retrospectively to reflect the current capital structure, unless otherwise stated. Information about subsidiaries Particulars of the Company’s principal subsidiaries as at the date of this financial statements are as follows: Percentage of equity Place of attributable to incorporation Issued the Company Principal Name and business share capital Direct Indirect activities CompareAsia Group Capital Limited Cayman Islands US$0.01 100 - Investment holding CompareAsia Group Limited Hong Kong HK$1 - 100 Investment holding and management services to group companies CAG Regional Limited Hong Kong HK$1 - 100 Provision of management and administrative services to group companies Percentage of equity Place of attributable to incorporation Issued the Company Principal Name and business share capital Direct Indirect activities CAG Regional Singapore Pte. Ltd Singapore SGD2,059,066 - 100 Provision of information technology support and management services to group companies Compargo Malaysia Sdn. Bhd. Malaysia MYR500,000 - 100 Provision of financial comparison services via online platform Ekos Limited Hong Kong HK$1 - 100 Provision of business administration, software and technology services Ekos Inc. Philippines PHP10,000,000 - 100 Provision of business administration, software and technology services Ekos Pte. Ltd. Singapore SGD1 - 100 Provision of business administration, software and technology services Percentage of equity Place of attributable to incorporation Issued the Company Principal Name and business share capital Direct Indirect activities MoneyGuru Philippines Corporation Philippines PHP9,200,000 - 100 Provision of financial comparison services via online platform MoneyHero Insurance Brokerage, Inc. Philippines PHP40,000,000 - 100 Provision of insurance brokerage services MoneyHero Insurance Brokers Limited Hong Kong HK$17,400,000 - 100 Provision of insurance brokerage services MoneyHero Global Limited Hong Kong HK$4,085,155 - 100 Provision of financial comparison services via online platform Singsaver Insurance Brokers Pte. Ltd. Singapore SGD1,060,001 - 100 Provision of insurance brokerage services Singsaver Pte. Ltd. Singapore SGD100,000 - 100 Provision of financial comparison services via online platform Percentage of equity Place of attributable to incorporation Issued the Company Principal Name and business share capital Direct Indirect activities Seedly Pte. Ltd Singapore SGD2,950,181 - 100 An online platform specializing in personal finance community and product comparison 理財一零一有限公司 (Money101 Limited*) Taiwan TWD5,000,000 - 100 Provision of financial comparison services via online platform * English translation for identification purpose only

Basis of Preparation

Basis of Preparation	12 Months Ended
	Dec. 31, 2023
Basis of Preparation [Abstract]
BASIS OF PREPARATION	2.1 BASIS OF PREPARATION These consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRSs”) (which include all International Financial Reporting Standards, International Accounting Standards (“IASs”) and Interpretations) as issued by the International Accounting Standards Board (“IASB”). They have been prepared under the historical cost convention except for the derivative financial instruments that are stated at their fair value as explained in the accounting policies set out in note 2.4. The financial statements are presented in United States dollars (“US$”). The Group has prepared the financial statements on the basis that it will continue to operate as a going concern. Basis of consolidation The consolidated financial statements include the financial statements of the Company and its subsidiaries. A subsidiary is an entity (including a structured entity), directly or indirectly, controlled by the Company. Control is achieved when the Group is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee (i.e., existing rights that give the Group the current ability to direct the relevant activities of the investee). Generally, there is a presumption that a majority of voting rights results in control. When the Company has, directly or indirectly, less than a majority of the voting or similar rights of an investee, the Group considers all relevant facts and circumstances in assessing whether it has power over an investee, including: (a) the contractual arrangement with the other vote holders of the investee; (b) rights arising from other contractual arrangements; and (c) the Group’s voting rights and potential voting rights. The financial statements of the subsidiaries are prepared for the same reporting period as the Company, using consistent accounting policies. The results of subsidiaries are consolidated from the date on which the Group obtains control and continue to be consolidated until the date that such control ceases. Profit or loss and each component of other comprehensive (loss)/income are attributed to the owners of the parent of the Group and to the non-controlling interests, even if this results in the non-controlling interests having a deficit balance. All intra-group assets and liabilities, equity, income, expenses and cash flows relating to transactions between members of the Group are eliminated in full on consolidation. The Group reassesses whether or not it controls an investee if facts and circumstances indicate that there are changes to one or more of the three elements of control described above. A change in the ownership interest of a subsidiary, without a loss of control, is accounted for as an equity transaction. If the Group loses control over a subsidiary, it derecognizes the related assets (including goodwill), liabilities, any non-controlling interest and exchange fluctuation reserves; and recognizes the fair value of any investment retained and any resulting surplus or deficit in profit or loss. The Group’s share of components previously recognized in other comprehensive (loss)/income is reclassified to profit or loss or retained profits, as appropriate, on the same basis as would be required if the Group had directly disposed of the related assets or liabilities. 2.2 CHANGES IN ACCOUNTING POLICIES AND DISCLOSURES The Group has adopted the following new and revised IFRSs for the first time for the current year’s financial statements. IFRS 17 Insurance Contracts Amendments to IAS 1 and IFRS Practice Statement 2 Disclosure of Accounting Policies Amendments to IAS 8 Definition of Accounting Estimates Amendments to IAS 12 Deferred Tax related to Assets and Liabilities arising from a Single Transaction Amendments to IAS 12 International Tax Reform – Pillar Two Model Rules Except for the below, the application of the above new or amendments to IFRSs has had no material impact on the Group’s financial performance and position for the current and prior periods and/or the disclosures set out in these consolidated financial statements. (a) Amendments to IAS 1 require entities to disclose their material accounting policy information rather than their significant accounting policies. Accounting policy information is material if, when considered together with other information included in an entity’s financial statements, it can reasonably be expected to influence decisions that the primary users of general purpose financial statements make on the basis of those financial statements. Amendments to IFRS Practice Statement 2 Making Materiality Judgements (b) Amendments to IAS 8 clarify the distinction between changes in accounting estimates and changes in accounting policies. Accounting estimates are defined as monetary amounts in financial statements that are subject to measurement uncertainty. The amendments also clarify how entities use measurement techniques and inputs to develop accounting estimates. Since the Group’s approach and policy align with the amendments, the amendments had no impact on the Group’s financial statements. (c) Amendments to IAS 12 Deferred Tax related to Assets and Liabilities arising from a Single Transaction Upon the application of the amendments, the Group has determined the temporary differences arising from right-of-use assets and lease liabilities separately, which have been reflected in the reconciliation disclosed in note 24 to the financial statements. However, they did not have any material impact on the overall deferred tax balances presented in the consolidated statement of financial position as the related deferred tax balances qualified for offsetting under IAS 12. (d) Amendments to IAS 12 International Tax Reform – Pillar Two Model Rules 2.3 ISSUED BUT NOT YET EFFECTIVE INTERNATIONAL FINANCIAL REPORTING STANDARDS The Group has not applied the following new and revised IFRSs, that have been issued but are not yet effective, in these financial statements. Amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture 3 Amendments to IFRS 16 Lease Liability in a Sale and Leaseback 1 Amendments to IAS 1 Classification of Liabilities as Current or Non-current 1 Amendments to IAS 1 Non-current Liabilities with Covenants 1 Amendments to IAS 7 and IFRS 7 Supplier Finance Arrangements 1 Amendments to IAS 21 Lack of Exchangeability 2 1 Effective for annual periods beginning on or after January 1, 2024 2 Effective for annual periods beginning on or after January 1, 2025 3 No mandatory effective date yet determined but available for adoption Further information about those IFRSs that are expected to be applicable to the Group is described below. Amendments to IFRS 10 and IAS 28 address an inconsistency between the requirements in IFRS 10 and in IAS 28 in dealing with the sale or contribution of assets between an investor and its associate or joint venture. The amendments require a full recognition of a gain or loss resulting from a downstream transaction when the sale or contribution of assets constitutes a business. For a transaction involving assets that do not constitute a business, a gain or loss resulting from the transaction is recognized in the investor’s profit or loss only to the extent of the unrelated investor’s interest in that associate or joint venture. The amendments are to be applied prospectively and are not expected to have any significant impact on the Group’s financial statements. Amendments to IFRS 16 specify the requirements that a seller-lessee uses in measuring the lease liability arising in a sale and leaseback transaction to ensure the seller-lessee does not recognize any amount of the gain or loss that relates to the right of use it retains. The amendments are effective for annual periods beginning on or after January 1, 2024 and shall be applied retrospectively to sale and leaseback transactions entered into after the date of initial application of IFRS 16. Earlier application is permitted. The amendments are not expected to have any significant impact on the Group’s financial statements. The 2020 Amendments clarify the requirements for classifying liabilities as current or non-current, including what is meant by a right to defer settlement and that a right to defer must exist at the end of the reporting period. Classification of a liability is unaffected by the likelihood that the entity will exercise its right to defer settlement. The amendments also clarify that a liability can be settled in its own equity instruments, and that only if a conversion option in a convertible liability is itself accounted for as an equity instrument would the terms of a liability not impact its classification. The 2022 Amendments further clarify that, among covenants of a liability arising from a loan arrangement, only those with which an entity must comply on or before the reporting date affect the classification of that liability as current or non-current. Additional disclosures are required for non-current liabilities that are subject to the entity complying with future covenants within 12 months after the reporting period. The amendments shall be applied retrospectively with early application permitted. An entity that applies the 2020 Amendments early is required to apply simultaneously the 2022 Amendments, and vice versa. The Group is currently assessing the impact of the amendments and whether existing loan agreements may require revision. Based on a preliminary assessment, the amendments are not expected to have any significant impact on the Group’s financial statements. Amendments to IAS 7 and IFRS 7 clarify the characteristics of supplier finance arrangements and require additional disclosure of such arrangements. The disclosure requirements in the amendments are intended to assist users of financial statements in understanding the effects of supplier finance arrangements on an entity’s liabilities, cash flows and exposure to liquidity risk. Earlier application of the amendments is permitted. The amendments provide certain transition reliefs regarding comparative information, quantitative information as at the beginning of the annual reporting period and interim disclosures. The amendments are not expected to have any significant impact on the Group’s financial statements. Amendments to IAS 21 specify how an entity shall assess whether a currency is exchangeable into another currency and how it shall estimate a spot exchange rate at a measurement date when exchangeability is lacking. The amendments require disclosures of information that enable users of financial statements to understand the impact of a currency not being exchangeable. Earlier application is permitted. When applying the amendments, an entity cannot restate comparative information. Any cumulative effect of initially applying the amendments shall be recognized as an adjustment to the opening balance of retained profits or to the cumulative amount of translation differences accumulated in a separate component of equity, where appropriate, at the date of initial application. The amendments are not expected to have any significant impact on the Group’s financial statements. 2.4 MATERIAL ACCOUNTING POLICIES Goodwill Goodwill is initially measured at cost, being the excess of the aggregate of the consideration transferred, the amount recognized for non-controlling interests and any fair value of the Group’s previously held equity interests in the acquiree over the identifiable net assets acquired and liabilities assumed. If the sum of this consideration and other items is lower than the fair value of the net assets acquired, the difference is, after reassessment, recognized in profit or loss as a gain on bargain purchase. After initial recognition, goodwill is measured at cost less any accumulated impairment losses. Goodwill is tested for impairment annually or more frequently if events or changes in circumstances indicate that the carrying value may be impaired. The Group performs its annual impairment test of goodwill as at December 31. For the purpose of impairment testing, goodwill acquired in a business combination is, from the acquisition date, allocated to each of the Group’s cash-generating units, or groups of cash-generating units, that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the Group are assigned to those units or groups of units. Impairment is determined by assessing the recoverable amount of the cash-generating unit (group of cash-generating units) to which the goodwill relates. Where the recoverable amount of the cash-generating unit (group of cash-generating units) is less than the carrying amount, an impairment loss is recognized. An impairment loss recognized for goodwill is not reversed in a subsequent period. Fair value measurement The Group measures its derivative financial instruments and warrant liabilities at fair value at the end of each reporting period. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either in the principal market for the asset or liability, or in the absence of a principal market, in the most advantageous market for the asset or liability. The principal or the most advantageous market must be accessible by the Group. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. A fair value measurement of a non-financial asset takes into account a market participant’s ability to generate economic benefits by using the asset in its highest and best use or by selling it to another market participant that would use the asset in its highest and best use. The Group uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorized within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole: Level 1 - based on quoted prices (unadjusted) in active markets for identical assets or liabilities Level 2 - based on valuation techniques for which the lowest level input that is significant to the fair value measurement is observable, either directly or indirectly Level 3 - based on valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable For assets and liabilities that are recognized in the financial statements on a recurring basis, the Group determines whether transfers have occurred between levels in the hierarchy by reassessing categorization (based on the lowest level input that is significant to the fair value measurement as a whole) at the end of each reporting period. Impairment of non-financial assets Where an indication of impairment exists, or when annual impairment testing for an asset is required (other than financial assets), the asset’s recoverable amount is estimated. An asset’s recoverable amount is the higher of the asset’s or cash-generating unit’s value in use and its fair value less costs of disposal, and is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets, in which case the recoverable amount is determined for the cash-generating unit to which the asset belongs. An impairment loss is recognized only if the carrying amount of an asset exceeds its recoverable amount. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. An impairment loss is charged to profit or loss in the period in which it arises in those expense categories consistent with the function of the impaired asset. An assessment is made at the end of each reporting period as to whether there is an indication that previously recognized impairment losses may no longer exist or may have decreased. If such an indication exists, the recoverable amount is estimated. A previously recognized impairment loss of an asset is reversed only if there has been a change in the estimates used to determine the recoverable amount of that asset, but not to an amount higher than the carrying amount that would have been determined (net of any depreciation/amortization) had no impairment loss been recognized for the asset in prior years. A reversal of such an impairment loss is credited to profit or loss in the period in which it arises. Related parties A party is considered to be related to the Group if: (a) the party is a person or a close member of that person’s family and that person (i) has control or joint control over the Group; (ii) has significant influence over the Group; or (iii) is a member of the key management personnel of the Group or of a parent of the Group; or (b) the party is an entity where any of the following conditions applies: (i) the entity and the Group are members of the same group; (ii) one entity is an associate or joint venture of the other entity (or of a parent, subsidiary or fellow subsidiary of the other entity); (iii) the entity and the Group are joint ventures of the same third party; (iv) one entity is a joint venture of a third entity and the other entity is an associate of the third entity; (v) the entity is a post-employment benefit plan for the benefit of employees of either the Group or an entity related to the Group; (vi) the entity is controlled or jointly controlled by a person identified in (a); (vii) a person identified in (a)(i) has significant influence over the entity or is a member of the key management personnel of the entity (or of a parent of the entity); and (viii) the entity, or any member of a group of which it is a part, provides key management personnel services to the Group or to the parent of the Group. Property and equipment and depreciation Property and equipment are stated at cost less accumulated depreciation and any impairment losses. The cost of an item of property and equipment comprises its purchase price and any directly attributable costs of bringing the asset to its working condition and location for its intended use. Expenditure incurred after items of property and equipment have been put into operation, such as repairs and maintenance, is normally charged to profit or loss in the period in which it is incurred. In situations where the recognition criteria are satisfied, the expenditure for a major inspection is capitalized in the carrying amount of the asset as a replacement. Where significant parts of property and equipment are required to be replaced at intervals, the Group recognizes such parts as individual assets with specific useful lives and depreciates them accordingly. Depreciation is calculated on the straight-line basis to write off the cost of each item of property and equipment to its residual value over its estimated useful life. The estimated useful lives used for this purpose are as follows: Leasehold improvements Over the shorter of the lease terms and 2 to 3 years Furniture, fixtures and office equipment 3 to 5 years Computer equipment 2 to 3 years Where parts of an item of property and equipment have different useful lives, the cost of that item is allocated on a reasonable basis among the parts and each part is depreciated separately. Residual values, useful lives and the depreciation method are reviewed, and adjusted if appropriate, at least at each financial year end. An item of property and equipment including any significant part initially recognized is derecognized upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss on disposal or retirement recognized in profit or loss in the year the asset is derecognized is the difference between the net sales proceeds and the carrying amount of the relevant asset. Intangible assets The useful lives of intangible assets are assessed to be either finite or indefinite. Intangible assets with finite lives are subsequently amortized over the useful economic life and assessed for impairment whenever there is an indication that the intangible asset may be impaired. The amortization period and the amortization method for an intangible asset with a finite useful life are reviewed at least at each financial year end. Computer software and other intangible assets are stated at cost less any impairment losses and are amortized on the straight-line basis over their estimated useful lives of 2 years and 10 years respectively. An intangible asset is derecognized upon disposal (i.e., at the date the recipient obtains control) or when no future economic benefits are expected from its use or disposal. Any gain or loss arising upon derecognition of the asset (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in the consolidated statement of loss and other comprehensive (loss)/income. Development costs The Group undertakes research and development activities and incurs corresponding expenditures with a view to improving its existing platforms. Expenditures on research activities, undertaken with the prospect of gaining new technical knowledge and understanding, is recognized in profit or loss as incurred. Expenditures on development activities, whereby research findings are applied to a plan or a design for substantially enhanced platform, are capitalized if the enhanced platform are technically and commercially feasible, the Group intends to complete and has sufficient resources to complete development, future economic benefits are probable and the Group can reliably measure the expenditures attributable to the intangible asset during its development. The expenditures capitalized includes contractor costs and direct labor costs. Capitalized development expenditures are stated at cost less any impairment losses and are amortized using the straight-line basis over three or five years, commencing from the date when the intangible asset is available for use. Other development costs that do not meet these criteria, as well as ongoing maintenance and costs associated with routine upgrades and enhancements are recognized as an expense as incurred. Subsequent expenditures on capitalized intangible assets are capitalized only when it increases the economic benefits embodied in the specific asset to which it relates. All other expenditures are expensed when incurred. When intangible assets under development are no longer useable or development is abandoned, they are written off to their recoverable amount of nil Leases The Group assesses at contract inception whether a contract is, or contains, a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Group as a lessee The Group applies a single recognition and measurement approach for all leases, except for short-term leases and leases of low-value assets. The Group recognizes lease liabilities to make lease payments and right-of-use assets representing the right to use the underlying assets. (a) Right-of-use assets Right-of-use assets are recognized at the commencement date of the lease (that is the date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and any impairment losses, and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities recognized, initial direct costs incurred, and lease payments made at or before the commencement date less any lease incentives received. Right-of-use assets are depreciated on a straight-line basis over the lease terms. (b) Lease liabilities Lease liabilities are recognized at the commencement date of the lease at the present value of lease payments to be made over the lease term. The lease payments include fixed payments (including in-substance fixed payments) less any lease incentives receivable, variable lease payments that depend on an index or a rate, and amounts expected to be paid under residual value guarantees. The lease payments also include the exercise price of a purchase option reasonably certain to be exercised by the Group and payments of penalties for termination of a lease, if the lease term reflects the Group exercising the option to terminate. The variable lease payments that do not depend on an index or a rate are recognized as an expense in the period in which the event or condition that triggers the payment occurs. In calculating the present value of lease payments, the Group uses its incremental borrowing rate at the lease commencement date because the interest rate implicit in the lease is not readily determinable. After the commencement date, the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition, the carrying amount of lease liabilities is remeasured if there is a modification, a change in the lease term, a change in lease payments (e.g., a change to future lease payments resulting from a change in an index or rate) or a change in assessment of an option to purchase the underlying asset. (c) Short-term leases and leases of low-value assets The Group applies the short-term lease recognition exemption to its short-term leases (that is those leases that have a lease term of 12 months or less from the commencement date and do not contain a purchase option). It also applies the recognition exemption for leases of low-value assets to leases of office equipment and laptop computers that are considered to be of low value. Lease payments on short-term leases and leases of low-value assets are recognized as an expense on a straight-line basis over the lease term. Investments and other financial assets Initial recognition and measurement Financial assets are classified, at initial recognition, as subsequently measured at amortized cost. The classification of financial assets at initial recognition depends on the financial asset’s contractual cash flow characteristics and the Group’s business model for managing them. With the exception of accounts receivable that do not contain a significant financing component or for which the Group has applied the practical expedient of not adjusting the effect of a significant financing component, the Group initially measures a financial asset at its fair value, plus in the case of a financial asset not at fair value through profit or loss, transaction costs. Accounts receivable that do not contain a significant financing component or for which the Group has applied the practical expedient are measured at the transaction price determined under IFRS 15 in accordance with the policies set out for “Revenue recognition” below. In order for a financial asset to be classified and measured at amortized cost, it needs to give rise to cash flows that are solely payments of principal and interest on the principal amount outstanding. The Group’s business model for managing financial assets refers to how it manages its financial assets in order to generate cash flows. The business model determines whether cash flows will result from collecting contractual cash flows, selling the financial assets, or both. Financial assets classified and measured at amortized cost are held within a business model with the objective to hold financial assets in order to collect contractual cash flows. Purchases or sales of financial assets that require delivery of assets within the period generally established by regulation or convention in the marketplace are recognized on the trade date, that is, the date that the Group commits to purchase or sell the asset. Subsequent measurement - Financial assets at amortized cost (debt instruments) Financial assets at amortized cost are subsequently measured using the effective interest method and are subject to impairment. Gains and losses are recognized in profit or loss when the asset is derecognized, modified or impaired. Derecognition of financial assets A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is primarily derecognized (i.e., removed from the Group’s consolidated statement of financial position) when: ● the rights to receive cash flows from the asset have expired; or ● the Group has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material delay to a third party under a “pass-through” arrangement; and either (a) the Group has transferred substantially all the risks and rewards of the asset, or (b) the Group has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset. When the Group has transferred its rights to receive cash flows from an asset or has entered a pass-through arrangement, it evaluates if, and to what extent, it has retained the risk and rewards of ownership of the asset. When it has neither transferred nor retained substantially all the risks and rewards of the asset nor transferred control of the asset, the Group continues to recognize the transferred asset to the extent of the Group’s continuing involvement. In that case, the Group also recognizes an associated liability. The transferred asset and the associated liability are measured on a basis that reflects the rights and obligations that the Group has retained. Continuing involvement that takes the form of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount of consideration that the Group could be required to repay. Impairment of financial assets The Group recognizes an allowance for expected credit losses (“ECLs”) for all debt instruments not held at fair value through profit or loss. ECLs are based on the difference between the contractual cash flows due in accordance with the contract and all the cash flows that the Group expects to receive, discounted at an approximation of the original effective interest rate. The expected cash flows will include cash flows from the sale of collateral held or other credit enhancements that are integral to the contractual terms. General approach ECLs are recognized in two stages. For credit exposures for which there has not been a significant increase in credit risk since initial recognition, ECLs are provided for credit losses that result from default events that are possible within the next 12 months (a 12-month ECL). For those credit exposures for which there has been a significant increase in credit risk since initial recognition, a loss allowance is required for credit losses expected over the remaining life of the exposure, irrespective of the timing of the default (a lifetime ECL). At each reporting date, the Group assesses whether the credit risk on a financial instrument has increased significantly since initial recognition. When making the assessment, the Group compares the risk of a default occurring on the financial instrument as at the reporting date with the risk of a default occurring on the financial instrument as at the date of initial recognition and considers reasonable and supportable information that is available without undue cost or effort, including historical and forward-looking information. The Group considers that there has been a significant increase in credit risk when contractual payments are more than 30 days past due. The Group considers a financial asset in default when contractual payments are 90 days past due. However, in certain cases, the Group may also consider a financial asset to be in default when internal or external information indicates that the Group is unlikely to receive the outstanding contractual amounts in full before taking into account any

Significant Accounting Judgemen

Significant Accounting Judgements and Estimates	12 Months Ended
	Dec. 31, 2023
Significant Accounting Judgements and Estimates [Abstract]
SIGNIFICANT ACCOUNTING JUDGEMENTS AND ESTIMATES	3. SIGNIFICANT ACCOUNTING JUDGEMENTS AND ESTIMATES The preparation of the Group’s financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities, and their accompanying disclosures, and the disclosure of contingent liabilities. Uncertainty about these assumptions and estimates could result in outcomes that could require a material adjustment to the carrying amounts of the assets or liabilities affected in the future. Judgement In the process of applying the Group’s accounting policies, management has made the following judgement, which has the most significant effect on the amounts recognized in the financial statements: Determination of functional currency In determining the functional currency of each entity of the Group, judgement is required to determine and consider the currency that mainly influences sale prices of services and of the country/jurisdiction whose competitive forces and regulations mainly determines the sales prices of services; the currency that mainly influences labor and other costs of providing services; the currency in which funds from financing activities are generated; and the currency in which receipts from operating activities are usually retained. The functional currency of each entity in the Group is determined based on management’s assessment of the primary economic environment in which the entity operates. When the indicators are mixed and the functional currency is not obvious, management uses its judgement to determine the functional currency that most faithfully represents the economic effects of the underlying transactions, events and conditions. Estimation uncertainty The key assumptions concerning the future and other key sources of estimation uncertainty at the end of the reporting period, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year, are described below. Impairment of goodwill The Group determines whether goodwill is impaired at least on an annual basis. This requires an estimation of the value in use of the cash-generating units to which the goodwill is allocated. Estimating the value in use requires the Group to make an estimate of the expected future cash flows from the cash-generating units and also to choose a suitable discount rate in order to calculate the present value of those cash flows. Further details are set out in note 10 to the financial statements. Impairment of non-financial assets The Group assesses whether there are any indicators of impairment for all non-financial assets at the end of each reporting period. Non-financial assets with finite useful lives are tested for impairment when there are indicators that the carrying amounts may not be recoverable. An impairment exists when the carrying value of an asset or a cash-generating unit exceeds its recoverable amount, which is the higher of its fair value less costs of disposal and its value in use. The calculation of the fair value less costs of disposal is based on available data from binding sales transactions in an arm’s length transaction of similar assets or observable market prices less incremental costs for disposing of the asset. When value in use calculations are undertaken, management must estimate the expected future cash flows from the asset or cash-generating unit and choose a suitable discount rate in order to calculate the present value of those cash flows. The calculations of value in use for an asset or cash-generating unit are most sensitive to the following assumptions: forecasted revenues, cost of revenue and operating expenses. Development costs Development costs are capitalized and amortized in accordance with the accounting policy for intangible assets in note 2.4 to the financial statements. Determining the amounts to be capitalized, the amortization period and the amortization method requires management to make assumptions regarding the expected future cash generation of the assets, the expected period of benefits, and the pattern in which the asset’s future economic benefits are expected to be consumed by the Group. These estimates are continually reviewed and updated based on past experience. Fair value of financial instruments The Group estimates fair values of warrant liabilities, derivative components of convertible loans, bridge loan, loan notes and its related call options. The fair value of financial instruments is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction in the principal (or most advantageous) market at the measurement date under current market conditions (i.e., an exit price) regardless of whether that price is directly observable or estimated using another valuation technique. When the fair values of financial instruments recorded in the statement of financial position cannot be derived from active markets, they are determined using a variety of valuation techniques that include the use of valuation models, including discounted cash flows and binomial option pricing models. The inputs to these valuation models are taken from observable markets where possible, but where this is not possible, estimation is required in establishing fair values. Judgements and estimates include considerations of model inputs such as volatility, discount rates and non-performance risk. Information about the valuation on the Group’s derivatives and warrant liabilities is disclosed in notes 20, 21 and 22 to the financial statements. Equity-settled share-based payment transactions The Group measures the cost of equity-settled share-based payments with employees by reference to the fair value at the date at which they are granted. Judgement is required in determining the most appropriate valuation model for the equity-settled share-based payments, depending on the terms and conditions of the transactions. Management is also required to use judgement in determining the most appropriate inputs to the valuation model. The assumptions and model used are disclosed in note 26 to the financial statements. In addition, management is required to estimate the expected forfeiture rate and only recognize expense for those shares expected to vest. In estimating the Group’s forfeiture rate, management analyzed its historical forfeiture rate and the remaining lives of unvested options. Revenue from internet leads generation and marketing service income – Estimating variable consideration Variable consideration is recognized based on management’s best estimate of the user applications for products and/or services resulting from leads provided to financial institution customers through the Group’s platforms (i.e. estimated conversion rates) prior to the actual approval of the applications by the financial institution customers. Management considers the historical application approval experience as well as other quantitative and qualitative information in making its estimates. Any variances between the accrued revenue and actual amounts billed are subsequently adjusted upon the confirmation of the amount with the financial institution customers.

Operating Segment Information

Operating Segment Information	12 Months Ended
	Dec. 31, 2023
Operating Segment Information [Abstract]
OPERATING SEGMENT INFORMATION	4. OPERATING SEGMENT INFORMATION The Group has six reportable segments based on geographic areas, namely Hong Kong, Singapore, Philippines, Taiwan, Malaysia and Other Asia. Each of these geographic segments operates an online financial comparison platform with their respective local market brand. Each geographical segment has different regulatory, political and economic environments for which its financial performance is influenced by market factors and strategic initiatives. Furthermore, each geographic segment represents a business in different stages of development with Hong Kong and Singapore being the most mature. No operating segments have been aggregated to form the above reportable operating segments. Management monitors the results of the Group’s operating segments separately for the purpose of assessing performance and making decisions about resource allocations. Segment performance is evaluated based on reportable segment results which is a measure of operating loss before tax. Hong Kong Singapore Philippines Taiwan Malaysia Other Asia Unallocated Total US$ US$ US$ US$ US$ US$ US$ US$ Year ended December 31, 2023 Segment revenue Sales to external customers 26,947,177 32,069,713 14,169,389 6,742,747 738,053 4,002 - 80,671,081 Segment profit/(loss) 680,500 (1,579,640 ) 768,659 (826,446 ) (485,596 ) (105,546 ) (5,216,442 ) (6,764,511 ) Reconciliation: Interest income 872,503 Finance costs (19,028,007 ) Depreciation and amortization (7,164,677 ) Impairment of intangible assets (3,105,507 ) Equity-settled share option expense (6,629,044 ) Other long-term employee benefits expense (109,702 ) Changes in fair value of financial instruments (57,333,432 ) Share-based payment on listing (67,027,178 ) Transaction expenses (6,643,367 ) Other equity-settled transactions (500,000 ) Unrealized foreign exchange differences, net 895,392 Loss before tax (172,537,530 ) Hong Kong Singapore Philippines Taiwan Malaysia Other Asia Unallocated Total US$ US$ US$ US$ US$ US$ US$ US$ Year ended December 31, 2022 Segment revenue Sales to external customers 22,247,140 23,467,954 9,857,822 11,027,139 1,282,194 250,007 - 68,132,256 Segment loss (283,904 ) (2,035,946 ) (1,327,478 ) (1,160,908 ) (1,877,997 ) (1,353,876 ) (8,541,112 ) (16,581,221 ) Reconciliation: Interest income 28,043 Finance costs (7,800,597 ) Depreciation and amortization (4,788,750 ) Impairment of goodwill (4,382,926 ) Impairment of intangible assets (1,450,781 ) Equity-settled share option expense (14,430,835 ) Other long-term employee benefits credit 4,951,482 Changes in fair value of financial instruments (1,101,484 ) Gain on derecognition of convertible loans and bridge loan 135,031 Other equity-settled transactions (882,115 ) Unrealized foreign exchange differences, net (3,389,441 ) Loss before tax (49,693,594 ) Hong Kong Singapore Philippines Taiwan Malaysia Other Asia Unallocated Total US$ US$ US$ US$ US$ US$ US$ US$ Year ended December 31, 2021 Segment revenue Sales to external customers 18,189,703 22,838,695 6,051,517 13,401,188 1,270,665 130,713 - 61,882,481 Segment loss (202,027 ) (1,359,574 ) (1,050,578 ) (264,321 ) (1,764,853 ) (1,595,476 ) (7,106,805 ) (13,343,634 ) Reconciliation: Interest income 14,734 Finance costs (1,702,457 ) Depreciation and amortization (3,900,348 ) Equity-settled share option expense (9,352,862 ) Other long-term employee benefits credit 240,028 Changes in fair value of financial instruments (178,859 ) Unrealized foreign exchange differences, net (2,746,780 ) Loss before tax (30,970,178 )

Revenue and Other Income

Revenue and Other Income	12 Months Ended
	Dec. 31, 2023
Revenue and Other Income [Abstract]
REVENUE AND OTHER INCOME	5. REVENUE AND OTHER INCOME An analysis of revenue is as follows: 2023 2022 2021 US$ US$ US$ Revenue from contracts with customers Internet leads generation and marketing service income 75,794,855 64,930,368 59,301,412 Insurance commission income 3,362,745 1,665,997 907,338 Marketing income 1,026,223 1,079,027 1,355,760 Events income 487,258 456,864 317,971 80,671,081 68,132,256 61,882,481 (i) Disaggregated revenue information 2023 2022 2021 US$ US$ US$ Geographical markets Hong Kong 26,947,177 22,247,140 18,189,703 Singapore 32,069,713 23,467,954 22,838,695 Philippines 14,169,389 9,857,822 6,051,517 Taiwan 6,742,747 11,027,139 13,401,188 Malaysia 738,053 1,282,194 1,270,665 Other Asia 4,002 250,007 130,713 Total revenue from contracts with customers 80,671,081 68,132,256 61,882,481 Timing of revenue recognition At a point in time 3,362,745 1,665,997 907,338 Over time 77,308,336 66,466,259 60,975,143 Total revenue from contracts with customers 80,671,081 68,132,256 61,882,481 By vertical Credit cards 60,257,595 49,430,329 46,658,459 Personal loans and mortgages 10,166,389 9,718,621 7,924,050 Insurance 5,853,092 2,661,822 1,228,525 Other verticals 4,394,005 6,321,484 6,071,447 Total revenue from contracts with customers 80,671,081 68,132,256 61,882,481 Revenue recognized in the current reporting period that was included in contract liabilities at the beginning of the reporting period amounted to US$301,986 (2022: US$568,354; 2021: US$487,126 ). (ii) Information about major customers Revenue from customers, which individually contributed over 10% of the total revenue of the Group during the year is as follows: 2023 2022 2021 US$ US$ US$ Customer A 17,713,000 33,260,000 36,541,000 Customer B 11,801,000 N/A* N/A* Customer C 9,614,000 N/A* 7,567,000 * The customers generated less than 10% of the total revenue of the Group during the year. (iii) Performance obligations Information about the Group’s performance obligations is summarized below: Internet leads generation and marketing service income The integrated marketing services performance obligation is generally satisfied over time as the services are mainly provided to the financial institution customers and payment is generally due within one to three months. Insurance commission income The performance obligation is generally satisfied when the related insurance policy is issued to the policyholder, and payment is generally due within one to three months from the Group’s customer. Marketing income The performance obligation for marketing income is generally satisfied over time as services are rendered and payment is generally due within one to three months. Events income The performance obligation for events income is generally satisfied over time when the event takes place and payment is generally received in advance of the event date and recorded as contract liabilities. An analysis of other income is as follows: 2023 2022 2021 US$ US$ US$ Other income Bank interest income 859,454 15,905 5,207 Interest income on refundable rental deposit 13,049 12,138 9,527 Government grants - - 108,369 Gain on disposal of items of property and equipment, net 3,690 4,539 542 Gain on derecognition of convertible loan and bridge loan - 135,031 - Others 1,321 13,896 17,080 877,514 181,509 140,725

Loss Before Tax

Loss Before Tax	12 Months Ended
	Dec. 31, 2023
Loss Before Tax [Abstract]
LOSS BEFORE TAX	6. LOSS BEFORE TAX The Group’s loss before tax is arrived at after charging/(crediting): Notes 2023 2022 2021 US$ US$ US$ Amortization of intangible assets (other than development costs) 11 - 187,198 192,028 Amortization of development costs 11 6,202,250 3,401,957 2,588,320 Depreciation of property and equipment 12 218,471 328,438 335,971 Depreciation of right-of-use assets 13(a) 743,956 871,157 784,029 Employee benefit expense: Salaries, allowances and other benefits 18,392,916 26,805,750 22,792,357 Equity-settled share option expense 6,629,044 14,430,835 9,352,862 Other long-term employee benefits expense/(credit) 109,702 (4,951,482 ) (240,028 ) Pension scheme contributions 1,179,399 1,419,470 1,176,767 Retirement benefits expense 56,672 75,376 156,279 Less: Amount capitalized (1,357,537 ) (2,756,415 ) (3,260,037 ) Government grant recognized* (78,703 ) (733,655 ) (424,479 ) 24,931,493 34,289,879 29,553,721 Lease payments not included in measurement of lease liabilities (included in general, administrative and other operating expenses) 13(c) 42,931 157,264 330,400 Provision for expected credit losses 14 3,757 - 53,558 Impairment of goodwill (included in general, administrative and other operating expenses) 10 - 4,382,926 - Impairment of intangible assets (included in general, administrative and other operating expenses) 11 3,105,507 1,450,781 - Changes in fair value of other derivative financial instruments (included in other income/expenses) 20, 21 9,536,904 1,139,938 178,859 Changes in fair value of warrant liabilities 22 47,796,528 (38,454 ) - Other equity-settled transactions (included in general, administrative and other operating expenses) 26 500,000 882,115 - Gain on disposal of items of property and equipment, net (included in other income/expenses) (3,690 ) (4,539 ) (542 ) Gain on derecognition of convertible loans and bridge loan (included in other income/expenses) - (135,031 ) - Reversal of provision for expected credit losses 14 (1,558 ) (14,242 ) (26,898 ) Foreign exchange differences, net (656,605 ) 4,051,710 2,953,299 * Various government grants have been received for employment support schemes in related to covid-19 and other job support schemes.

Finance Costs

Finance Costs	12 Months Ended
	Dec. 31, 2023
Finance Costs [Abstract]
FINANCE COSTS	7. FINANCE COSTS An analysis of finance costs is as follows: Notes 2023 2022 2021 US$ US$ US$ Finance costs on convertible loans 20 - 2,894,050 715,029 Finance costs on loan notes 21 18,975,635 786,058 - Finance costs on lease liabilities 13(c) 48,363 42,130 48,171 Finance costs on bridge loans 21 - 4,074,175 936,937 Increase in discounted amounts of provisions arising from the passage of time 23 4,009 4,184 2,320 19,028,007 7,800,597 1,702,457

Key Management Personnel Compen

Key Management Personnel Compensation	12 Months Ended
	Dec. 31, 2023
Key Management Personnel Compensation [Abstract]
KEY MANAGEMENT PERSONNEL COMPENSATION	8. KEY MANAGEMENT PERSONNEL COMPENSATION The compensation to key management personnel of the Group is as follows: 2023 2022 2021 US$ US$ US$ Salaries, allowances and other benefits 1,384,247 1,761,735 2,321,434 Equity-settled share option expense 4,869,487 14,430,835 9,352,862 Reversal of other long-term employee benefits (69,207 ) (1,525,014 ) - Pension scheme contributions 19,189 16,226 21,687 6,203,716 14,683,782 11,695,983

Income Tax

Income Tax	12 Months Ended
	Dec. 31, 2023
Income Tax [Abstract]
INCOME TAX	9. INCOME TAX The applicable corporate income tax rates for Hong Kong, Singapore, Philippines, Taiwan and Malaysia subsidiaries are 16.5%, 17%, 20% to 25%, 20% and 24%, respectively for the years ended December 31, 2023, 2022 and 2021. Tax on losses have been calculated at the rates of tax prevailing in the countries/jurisdictions in which the Group operates. 2023 2022 2021 US$ US$ US$ Current Charge for the year 64,343 28,516 26,647 Overprovision in prior years - - (26,778 ) Deferred (note 24) (1,360 ) (280,295 ) (38,042 ) Income tax expense/(credit) for the year 62,983 (251,779 ) (38,173 ) A reconciliation of the tax expense/(credit) applicable to loss before tax at the statutory tax rate for the countries/jurisdictions in which the Group’s operations are domiciled to the tax credit at the Group’s effective tax rate is as follows: 2023 2022 2021 US$ US$ US$ Loss before tax (172,537,530 ) (49,693,594 ) (30,970,178 ) Tax credit at the domestic rates applicable to losses in the countries/jurisdictions where the Group operates (3,809,856 ) (7,164,497 ) (5,220,261 ) Income not subject to tax (180,380 ) (134,867 ) (13,785 ) Expenses not deductible for tax 1,511,627 4,606,490 2,883,631 Adjustments in respect of current tax of previous periods - - (26,778 ) Tax losses and deductible temporary differences not recognized 2,771,027 2,448,213 2,453,971 Tax losses and deductible temporary differences utilized from previous periods (282,239 ) (4,352 ) (118,103 ) Others 52,804 (2,766 ) 3,152 Income tax expense/(credit) at the Group’s effective tax rate 62,983 (251,779 ) (38,173 ) At the end of the reporting period, the Group had unused tax losses of US$62,470,655 (2022: US$58,224,610; 2021: US$70,645,159), subject to the agreement by the relevant tax authorities, that are available for offsetting against future taxable profits of the entities in which the losses arose, of which, an aggregate amount of US$32,753,721 (2022: US$26,692,435; 2021: US$38,395,574) are available indefinitely and the remaining will expire between one to ten years. The Group had deductible temporary differences of US$18,659,174 (2022: US$9,811,082 ; 2021: US$9,930,252) at the end of the reporting period. Deferred tax assets have not been recognized in respect of these losses and deductible temporary differences as they have mainly arisen in entities that have been loss-making and, in the opinion of management, it is currently not considered probable that taxable profits will be available against which the tax losses can be utilized. At the end of the reporting period, no deferred tax has been recognized for withholding taxes of the Group’s subsidiaries established in certain jurisdictions with relevant tax laws and regulations. In the opinion of the directors, it is not probable that these subsidiaries will distribute such earnings in the foreseeable future. The aggregate amount of temporary differences associated with investments in subsidiaries in these jurisdictions amounted to US$363,858 (2022: US$379,325; 2021: US$328,824), for which deferred tax liabilities of US$2,292 (2022: US$5,316; 2021: US$1,247) have not been recognized at December 31, 2023.

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2023
Goodwill [Abstract]
GOODWILL	10. GOODWILL US$ At January 1, 2022 4,343,954 Impairment during the year ended December 31, 2022 (4,382,926 ) Exchange realignment 38,972 Cost and carrying amount at December 31, 2022 and 2023 - The Group’s goodwill is all attributable to an acquisition of Seedly Pte. Ltd. (“Seedly”) in 2020. The recoverable amount of the Seedly cash-generating unit (“CGU”) has been determined based on a value-in-use calculation using cash flow projections from financial budgets covering a four-year period. For the year ended December 31, 2022, the discount rate applied to the cash flow projections was 13.5% and the terminal growth rate used to extrapolate the cash flows of the Seedly CGU beyond the four-year period was 3%. During the year ended December 31, 2022, the Group recognized impairment losses of US$4,382,926 related to goodwill and US$1,450,781 related to intangible assets (see note 11) of the Seedly CGU, which arose mainly due to negative operating factors affecting the Seedly CGU. Key assumptions used in the value in use calculations The calculations of value in use for the CGUs are most sensitive to the following assumptions: Budgeted revenue - The basis used to determine the value assigned to the budgeted revenue is the average revenue achieved in the year immediately before the budget year, adjusted for expected market development. Discount rate - Discount rate represents the current market assessment of the risks specific to the Seedly CGU.

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2023
Intangible Assets [Abstract]
INTANGIBLE ASSETS	11. INTANGIBLE ASSETS Development Other costs intangibles Total US$ US$ US$ Cost At January 1, 2022 17,455,922 1,906,780 19,362,702 Additions 4,734,550 - 4,734,550 Impairment during the year - (1,871,976 ) (1,871,976 ) Exchange realignment 302,050 (34,804 ) 267,246 At December 31, 2022 and January 1, 2023 22,492,522 - 22,492,522 Additions 2,097,621 - 2,097,621 Impairment during the year (3,105,507 ) - (3,105,507 ) Exchange realignment 335,329 - 335,329 At December 31, 2023 21,819,965 - 21,819,965 Accumulated amortization At January 1, 2022 4,546,452 237,593 4,784,045 Amortization provided during the year 3,401,957 187,198 3,589,155 Impairment during the year - (421,195 ) (421,195 ) Exchange realignment 137,441 (3,596 ) 133,845 At December 31, 2022 and January 1, 2023 8,085,850 - 8,085,850 Amortization provided during the year 6,202,250 - 6,202,250 Exchange realignment 237,782 - 237,782 At December 31, 2023 14,525,882 - 14,525,882 Net carrying amount At December 31, 2023 7,294,083 - 7,294,083 At December 31, 2022 14,406,672 - 14,406,672 During the year ended December 31, 2023, an impairment loss of US$3,105,507 (2022: Nil Nil nil During the year ended December 31, 2023, the Group also revised the estimated useful lives of certain intangible assets to better reflect the expected period of usage. The change has been applied prospectively and resulted in an increase in amortization of approximately US$1,900,000 for the year.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2023
Property and Equipment [Abstract]
PROPERTY AND EQUIPMENT	12. PROPERTY AND EQUIPMENT Furniture, fixtures Leasehold and office Computer improvements equipment equipment Total US$ US$ US$ US$ Cost At January 1, 2022 353,460 241,858 841,691 1,437,009 Additions 20,162 20,127 214,636 254,925 Disposals/write-off (87,457 ) (57,446 ) (18,262 ) (163,165 ) Exchange realignment (11,623 ) (8,900 ) (22,149 ) (42,672 ) At December 31, 2022 and January 1, 2023 274,542 195,639 1,015,916 1,486,097 Additions 23,989 9,776 83,572 117,337 Disposals/write-off (125,223 ) (29,478 ) (53,990 ) (208,691 ) Exchange realignment (707 ) (234 ) 6,926 5,985 At December 31, 2023 172,601 175,703 1,052,424 1,400,728 Accumulated depreciation At January 1, 2022 278,289 199,868 575,576 1,053,733 Depreciation provided during the year 71,831 22,511 234,096 328,438 Disposals/write-off (87,218 ) (55,236 ) (16,248 ) (158,702 ) Exchange realignment (8,750 ) (8,449 ) (13,786 ) (30,985 ) At December 31, 2022 and January 1, 2023 254,152 158,694 779,638 1,192,484 Depreciation provided during the year 9,068 20,703 188,700 218,471 Disposals/write-off (126,724 ) (29,299 ) (50,254 ) (206,277 ) Exchange realignment (1,044 ) (627 ) 7,232 5,561 At December 31, 2023 135,452 149,471 925,316 1,210,239 Net carrying amount At December 31, 2023 37,149 26,232 127,108 190,489 At December 31, 2022 20,390 36,945 236,278 293,613

Leases

Leases	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
LEASES	13. LEASES The Group as a lessee The Group has lease contracts for offices premises and office equipment used in its operations. Leases of offices generally have lease periods of two to three years, while the office equipment has a lease term of five years. Generally, the Group is restricted from assigning and subleasing the leased assets outside the Group. (a) Right-of-use assets The carrying amount of the Group’s right-of-use assets and the movements during the year is as follows: Office Office premises equipment Total US$ US$ US$ At January 1, 2022 449,044 7,626 456,670 Additions 1,320,921 - 1,320,921 Remeasurement on lease modifications (128,756 ) - (128,756 ) Depreciation charge (866,094 ) (5,063 ) (871,157 ) Exchange realignment 761 (25 ) 736 At December 31, 2022 and January 1, 2023 775,876 2,538 778,414 Additions 412,276 7,118 419,394 Remeasurement on lease modifications 134,429 - 134,429 Depreciation charge (740,950 ) (3,006 ) (743,956 ) Exchange realignment 1,447 (7 ) 1,440 At December 31, 2023 583,078 6,643 589,721 (b) Lease liabilities The carrying amount of lease liabilities and the movements during the year are as follows: 2023 2022 US$ US$ Carrying amount at January 1 785,687 486,678 New leases 416,451 1,237,069 Remeasurement on lease modifications 133,171 (64,390 ) Accretion of interest recognized during the year 48,363 42,130 Payments (779,271 ) (915,438 ) Exchange realignment 1,660 (362 ) Carrying amount at December 31 606,061 785,687 Analyzed into: Current portion 574,630 492,735 Non-current portion 31,431 292,952 (c) The amounts recognized in profit or loss in relation to leases are as follows: 2023 2022 2021 US$ US$ US Interest on lease liabilities 48,363 42,130 48,171 Depreciation charge of right-of-use assets 743,956 871,157 784,029 Expense relating to short-term leases 42,931 157,264 330,400 Loss on lease modifications - 65,406 - Total amount recognized in profit or loss 835,250 1,135,957 1,162,600 (d) The Group’s total cash outflows for leases are disclosed in Note 29(b) to the financial statements. The Group also had non-cash additions/lease modifications to right-of-use assets and lease liabilities of US$553,823 (2022: US$1,192,165; 2021: US$209,521) and US$549,622 (2022: US$1,172,679; 2021: US$206,250), respectively.

Accounts Receivable

Accounts Receivable	12 Months Ended
	Dec. 31, 2023
Accounts Receivable [Abstract]
ACCOUNTS RECEIVABLE	14. ACCOUNTS RECEIVABLE 2023 2022 US$ US Accounts receivable 17,346,035 9,807,667 Allowance for expected credit losses (109,651 ) (123,632 ) Net carrying amount 17,236,384 9,684,035 The Group’s trading terms with its customers are mainly on credit. The credit period is generally one to three months. The Group seeks to maintain strict control over its outstanding receivables and overdue balances are reviewed regularly by management. The Group does not hold any collateral or other credit enhancements over its accounts receivable balances. Accounts receivable are non-interest-bearing. The movements in the allowance for expected credit losses are as follows: 2023 2022 US$ US At January 1 123,632 147,800 Provision for expected credit losses 3,757 - Reversals (1,558 ) (14,242 ) Write off (16,716 ) - Exchange realignment 536 (9,926 ) At December 31 109,651 123,632 An analysis is performed at each reporting date using a provision matrix to measure expected credit losses. The provision rates are based on days past due for groupings of various customer segments with similar loss patterns by geographical region. The calculation reflects reasonable and supportable information that is available at the reporting date about past events, current conditions and forecasts of future economic conditions. Generally, accounts receivable are written off if past due for more than two years and are not subject to enforcement activity. As at December 31, 2023, accounts receivables included an aggregate balance of US$224,304 (2022: US$64,323) for revenue earned from companies controlled by a shareholder with significant influence over the Company (see note 30). Set out below is the information about the credit risk exposure on the Group’s accounts receivable using a provision matrix: Expected Gross Expected credit carrying credit loss rate amount loss % US$ US$ As at December 31, 2023 Current to 6 months past due 0.02 % 16,889,341 3,606 Over 6 months past due 23.22 % 456,694 106,045 0.63 % 17,346,035 109,651 As at December 31, 2022 Current to 6 months past due 0.01 % 9,563,470 617 Over 6 months past due 50.38 % 244,197 123,015 1.26 % 9,807,667 123,632

Contract Assets

Contract Assets	12 Months Ended
	Dec. 31, 2023
Contract Assets [Abstract]
CONTRACT ASSETS	15. CONTRACT ASSETS December 31, December 31, January 1, 2023 2022 2022 US$ US$ US$ Contract assets arising from: Internet leads generation and marketing service income 15,997,795 11,082,660 8,181,444 Marketing and events income 27,174 57,449 424,628 16,024,969 11,140,109 8,606,072 Contract assets are mainly recognized for revenue earned from internet leads generation and marketing service income as the receipt of consideration is based on the billing process. Included in contract assets for internet leads generation and marketing service income are unbilled amounts of revenue. Upon completion of the billing of the revenue from contract customers, the amounts recognized as contract assets are reclassified to trade receivables. The increase in contract assets in 2023 and 2022 were mainly due to the increase in internet leads generation and marketing service income near the end of both years. The expected timing of recovery or settlement for contract assets as at December 31 is within one year. An impairment analysis is performed at each reporting date using a provision matrix to measure expected credit losses. The provision rates for the measurement of the expected credit losses of the contract assets are based on those of the accounts receivable as the contract assets and the trade receivables are from the same customer bases. As at December 31, 2023 and 2022, the loss allowance was assessed by management to be minimal.

Prepayments, Deposits and Other

Prepayments, Deposits and Other Receivables	12 Months Ended
	Dec. 31, 2023
Prepayments, Deposits and Other Receivables [Abstract]
PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES	16. PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES 2023 2022 US$ US$ Prepayments 3,389,557 2,414,189 Deposits and other receivables 1,491,886 1,238,685 4,881,443 3,652,874 Portion classified as non-current (26,072 ) (128,927 ) Current portion 4,855,371 3,523,947 The financial assets included in the above balances relate to deposits and other receivables for which there was no recent history of default and past due amount. As at December 31, 2023 and 2022, the loss allowance was assessed to be minimal.

Cash and Cash Equivalents and P

Cash and Cash Equivalents and Pledged Bank Deposits	12 Months Ended
	Dec. 31, 2023
Cash and Cash Equivalents and Pledged Bank Deposits [Abstract]
CASH AND CASH EQUIVALENTS AND PLEDGED BANK DEPOSITS	17. CASH AND CASH EQUIVALENTS AND PLEDGED BANK DEPOSITS 2023 2022 US$ US$ Cash and bank balances 14,152,465 24,077,695 Time deposits 54,677,296 195,883 68,829,761 24,273,578 Less: Pledged bank deposits (188,745 ) (195,883 ) Cash and cash equivalents 68,641,016 24,077,695 Certain cash at banks earn interest at floating rates based on the respective short-term deposit rates. The bank balances and pledged deposits are deposited with creditworthy banks with no recent history of default. The Group has pledged bank deposits mainly for corporate credit card and trading facilities. At December 31, 2023, cash and cash equivalents included bank deposits of US$34,986 (2022: US$34,542) which are contractually restricted on use in order to meet the capital requirements in accordance with the rules and conditions for the issue and renewal of a license to operate as a non-life insurance broker in Thailand.

Accounts Payable

Accounts Payable	12 Months Ended
	Dec. 31, 2023
Accounts Payable [Abstract]
ACCOUNTS PAYABLE	18. ACCOUNTS PAYABLE The accounts payable are non-interest-bearing and are normally settled on 15 to 60-day terms.

Other Payables and Accruals

Other Payables and Accruals	12 Months Ended
	Dec. 31, 2023
Other Payables and Accruals [Abstract]
OTHER PAYABLES AND ACCRUALS	19. OTHER PAYABLES AND ACCRUALS 2023 2022 US$ US$ Non-current Liabilities incurred for long-term employee benefits (note (a)) - 208,698 Current Other payables (note (b)) 5,089,409 2,107,490 Accruals 2,979,578 4,143,841 Contract liabilities (note (c)) 1,312,735 301,986 9,381,722 6,553,317 Note: (a) The terms of all outstanding awards granted under the Group’s Value Creation Plan were modified in 2023 such that they will be settled by a fixed number of the Company’s ordinary shares and as a result, the outstanding awards have been reclassified to equity during the year. (b) Other payables are non-interest-bearing and are normally settled on 30 to 120-day terms. (c) Details of contract liabilities are as follows: December 31, December 31, January 1, 2023 2022 2022 US$ US$ US$ Contract liabilities arising from: Internet leads generation and marketing service income 1,256,307 225,632 425,897 Marketing and events income 56,428 76,354 142,457 1,312,735 301,986 568,354 Contract liabilities include short-term advances received under the contractual arrangements with customers. The decrease in contract liabilities in 2022 was mainly due to the decrease in prepayments received from customers in relation to the provision of internet leads generation and marketing services at the end of the year. The increase in contract liabilities in 2023 was mainly due to the increase in prepayments received from customers in relation to the provision of internet leads generation and marketing services at the end of the year.

Convertible Loans

Convertible Loans	12 Months Ended
	Dec. 31, 2023
Convertible Loans [Abstract]
CONVERTIBLE LOANS	20. CONVERTIBLE LOANS On August 10, 2020, the Group issued a convertible loan of US$4,000,000 (“2020 Convertible Loan”) to a company controlled by a shareholder with significant influence over the Company which had a term of 12 months and a coupon rate of 12% per annum. On October 14, 2021, pursuant to an amendment and restatement agreement, the 2020 Convertible Loan was extended for a period of 12 months with the principal amount on the extended convertible loan (“Extended Convertible Loan”) being the principal amount plus the accrued interest of the 2020 Convertible Loan. The Extended Convertible Loan did not have any coupon, but had an exit premium and an establishment fee of 20% and 3% respectively on the principal of the loan payable by the Company upon the maturity or early repayment of the Extended Convertible Loan upon the exercise of redemption right by the loan holders upon the occurrence of certain capital events. The redemption right is accounted for as an embedded derivative and bifurcated from the financial liability host contract. For both the 2020 Convertible Loan and the Extended Convertible Loan, the loan holders may convert all or any portion of the outstanding loan at a conversion price of US$10,000 per ordinary share and this conversation option is accounted for as an equity component which is assessed to be immaterial. On April 27, 2022, pursuant to the convertible loan note purchase agreement, the Group issued other convertible loans with the total principal amount of US$37,017,318, including an aggregate principal amount of US$19,383,318 being issued to shareholders and companies controlled by a shareholder with significant influence over the Company, and key management personnel, with maturity period of 4 years (“2022 Convertible Loans”) to replace the Extended Convertible Loan and the unsettled bridge loan (see note 21) with their respective accrued and unpaid finance costs, as well as for additional cash proceeds of US$12,656,069. The 2022 Convertible Loans had coupon rates of 9% per annum, 10% per annum, 11% per annum and 12% per annum for each of the 1 st th On October 14, 2022, the conversion price of the 2022 Convertible Loans was amended and all of the 2022 Convertible Loans were converted into 4,758,252 Preference Shares of the Company. (a) The movements of the liability component and derivative component from the redemption right of the Extended Convertible Loan are as follows: Extended Convertible Loan - liability component 2022 US$ As at January 4,294,265 Finance costs 506,327 Extinguished during the year (4,800,592 ) As at December 31 - Extended Convertible Loan – 2022 US$ As at January 1 589,731 Change in fair value 145,957 Extinguished during the year (735,688 ) As at December - (b) The movements of the liability component and derivative component from the conversion feature of the 2022 Convertible Loans are as follows: 2022 Convertible Loans - liability component 2022 US$ As at January - Issued during the year 26,993,304 Finance costs 2,387,723 Converted during the year (29,381,027 ) As at December - 2022 Convertible Loans - derivative component 2022 US$ As at January - On initial recognition 10,024,014 Change in fair value 158,548 Exercised during the year (10,182,562 ) As at December - During the year ended December 31, 2022, the Group used the market approach to determine the underlying equity value of the Company and the binomial option pricing model to determine the fair values of the derivative components, which represented the conversion feature of the 2022 Convertible Loans on the date of initial recognition and on the date of conversion. The following table lists the inputs to the model used for the year ended December 31, 2022: 2022 Risk-free rate (%) 2.8 – 4.5 Volatility (%) 62 Dividend yield (%) -

Interest-Bearing Borrowings

Interest-Bearing Borrowings	12 Months Ended
	Dec. 31, 2023
Interest-Bearing Borrowings [Abstract]
INTEREST-BEARING BORROWINGS	21. INTEREST-BEARING BORROWINGS Bridge loan On September 28, 2021, the Group entered into a bridge loan facility agreement with the total commitment of US$26,000,000 in which US$6,000,000 was contributed by a company controlled by a shareholder with significant influence over the Company, and key management personnels of the Company. The bridge loan would be released to the Group from an escrow account in 12 instalments and have a maturity period of 12 months from the utilization date of the facility. The bridge loan did not have any coupon, but had a facility fee of 3% on the total commitment of the facility paid upfront and an exit premium of 20% on the total commitment of the facility payable by the Group upon the maturity or early repayment of the bridge loan. Early repayment can only be made upon the exercise of the redemption right by the lenders, which is contingent upon the occurrence of certain capital events. The bridge loan contains two components: a liability component and an embedded derivative in respect of the embedded redemption option. The bridge loan was fully settled and the facility agreement expired during the year ended December 31, 2022. The movements of the liability component and derivative component from the embedded redemption option of the bridge loan are as follows: Bridge loan - liability component 2022 US$ As at January 12,274,215 Drawdown during the year 6,756,665 Finance costs 4,074,175 Repaid during the year (7,374,346 ) Settled during the year (15,730,709 ) As at December - Bridge loan - derivative component 2022 US$ As at January 1 1,551,677 On initial recognition 842,181 Change in fair value 835,433 Exercised during the year (3,229,291 ) As at December 31 - Loan notes Pursuant to the loan note purchase agreement date October 14, 2022 and the amendment to the agreement dated December 21, 2022, the Group issued loan notes of US$22,397,271, in which US$17,400,000 was contributed by shareholders with significant influence over the Company and key management personnel of the Company, with coupon rate of 25% per annum paid in kind and a maturity period of 5 years. Class C Warrants of the Company were issued to the subscribers of the loan notes and one of the subscribers was also granted a 3-year option for the additional subscription of US$5,000,000 loan notes together with the grant of a certain number of the Company’s Class C Warrants (which changed to the grant of a certain number of the Company’s Class A ordinary shares after the Capital Reorganization) upon such subscription with the terms set out in these agreements (see note 25). Thus, the loan note transaction contains three components: a liability component and two freestanding derivatives in respect of the option for additional subscription of loan notes, and the Class C Warrants issued (see note 22). The option for additional subscription of US$5,000,000 loan notes was exercised by the option holder on October 12, 2023. All the loan notes were fully settled in cash in October 2023 (see note 29). The movements of financial liability and derivatives of the loan notes and derivatives issued during the year are as follows: Loan notes – liability component 2023 2022 US$ US$ As at January 8,745,192 - Issued during the year 5,000,000 7,959,134 Finance costs 18,975,635 786,058 Repayment during the year (32,720,827 ) - As at December 31 - 8,745,192 Freestanding derivative - option for additional subscription of loan notes 2023 2022 US$ US$ As at January 1 2,796,131 - On initial recognition - 2,796,131 Change in fair value 9,536,904 - Exercised during the year (12,333,035 ) - As at December 31 - 2,796,131 As at December 31, 2022, loan notes and the freestanding derivative related to the option for additional subscription of loan notes with the total carrying amount of approximately US$9,299,000 were held by shareholders with significant influence over the Company and key management personnel of the Company. The Group used the market approach to determine the underlying equity value of the Company, and binomial option pricing model to determine the fair value of the option for additional subscription of loan notes and the fair values of the Class C Warrants issued on initial recognition and at the end of the reporting period. The following table lists the inputs to the model used for the year ended December 31, 2022 and upon exercise: For the year ended December 31, 2022 2022 Risk-free rate (%) 4.06 – 4.33 Volatility (%) 61 – 62 Dividend yield (%) - The Group considered there was no material impact on the fair value of the derivative components of the loan note resulting from a percentage change in the volatility as of December 31, 2022. Upon exercise Risk-free rate (%) 4.76 Volatility (%) 63 Dividend yield (%) -

Warrant Liabilities

Warrant Liabilities	12 Months Ended
	Dec. 31, 2023
Warrant Liabilities [Abstract]
WARRANT LIABILITIES	22. WARRANT LIABILITIES On October 14, 2022, the Group while each of these new On October 14, 2022 and December 21, 2022, the Group issued an aggregate of 8,349,958 Class C Warrants with an exercise price of US$0.0001 to shareholders, key management personnels and third parties of the Company which entitles the holders to subscribe for 8,349,958 Class C Ordinary Shares of the Company. The exercise price of the warrants are subject to adjustments upon the occurrence of various adjustment events. The exercise period of these warrants is five years from the date of issuance. All Class C Warrants have been exercised upon the Capital Reorganization and none were exercised prior to the Capital Reorganization. The Company issued 26,282,971 warrants upon the Capital Reorganization to replace the outstanding warrants of Bridgetown one to one, with no change in exercise price and major terms (see note 27). These warrants included 19,833,035 Public Warrants and 6,449,936 Sponsor Warrants (as defined in note 27). Each warrant entitles the holder to purchase one Class A ordinary share of the Company at an exercise price of US$11.50 per whole share. The warrants are exercisable and will expire five years after October 12, 2023, or earlier upon redemption or liquidation. The public warrants are listed on NASDAQ under the trading symbol “MNYWW” and are measured at fair value. Movements of the balance of warrant liabilities during the years ended December 31, 2023 and 2022 are as follow: Class A Class C Public Sponsor Warrants Warrants Warrants Warrants Total US$ US$ US$ US$ US$ At January 1, 2022 - - - - - Issued during the year 845,593 11,642,006 - - 12,487,599 Change in fair value (38,454 ) - - - (38,454 ) At December 31, 2022 and January 1, 2023 807,139 11,642,006 - - 12,449,145 Issuance of warrants upon the Capital Reorganization - - 3,768,277 1,225,488 4,993,765 Change in fair value 11,242,507 39,707,978 (2,379,964 ) (773,993 ) 47,796,528 Exercised during the year - (51,349,984 ) - - (51,349,984 ) Reclassified to equity upon Capital Reorganization (12,049,646 ) - - - (12,049,646 ) At December 31, 2023 - - 1,388,313 451,495 1,839,808 As at December 31, 2023, Public Warrants and Sponsor Warrants with a total carrying amount of approximately US$568,162 were held by shareholders with significant influence of the Company. As at December 31, 2022, Class A Warrants and Class C Warrants with carrying amounts of approximately US$208,891 and US$8,848,000, respectively, were held by shareholders with significant influence over the Company and key management personnel of the Company. The Group has used the market approach to determine the underlying equity value of the Company and adopted the binomial option pricing model to determine the fair values of the Class A and Class C Warrants on initial recognition, at the end of the reporting periods and upon the Capital Reorganization. The methodology and inputs to determine the fair values of the Class C Warrants on initial recognition were disclosed in note 21. The following table lists the inputs to the models used to determine the fair value of Class A Warrants for the year ended December 31, 2022 and upon Capital Reorganization: For the year ended December 31, 2022 2022 Risk-free rate (%) 4.06 - 4.33 Volatility (%) 61 - 62 Dividend yield (%) - If volatility had increased/decreased by 1% as of December 31, 2022, with all other variables held constant, the increase/decrease in the fair value of warrants would approximately amount to US$50,345 and US$48,659, respectively. Upon Capital Reorganization Risk-free rate (%) 4.76 Volatility (%) 63 Dividend yield (%) -

Provisions

Provisions	12 Months Ended
	Dec. 31, 2023
Provisions [Abstract]
PROVISIONS	23. PROVISIONS 2023 2022 US$ US$ Provision for reinstatement costs 71,872 100,483 Provision for defined benefit obligations 194,260 101,913 As at December 266,132 202,396 Provision for reinstatement costs As at January 1 100,483 68,733 Additional provision - 26,327 Remeasurement of lease modifications - 2,231 Settled during the year (31,782 ) - Increase in discounted amounts arising from the passage of time 4,009 4,184 Exchange realignment (838 ) (992 ) As at December 71,872 100,483 Portion classified as current liabilities (71,872 ) (66,118 ) Non-current portion - 34,365 The Group has certain leases of office properties with clauses of reinstatement of alteration at the end of these leases. The provision for the reinstatement costs of these office properties was estimated based on reinstatement quotes obtained by the Group. Provision for defined benefit obligations The Group made provisions for defined benefit obligations in respect of termination benefits and pursuant to applicable labor laws in corresponding jurisdictions. According to the law, employees are entitled to termination benefits upon dismissal or retirement. The liability for termination of employment is measured using the projected unit credit method. The actuarial assumptions include expected salary increases and discount rates. The amounts are presented based on discounted expected future cash flows using a discount rate determined by reference to market yields at the reporting date on government bonds with a term that is consistent with the estimated term of the termination benefit obligation. The most recent actuarial valuations of the estimated liabilities for employee benefits were carried out by E. M. Zalamea Actuarial Services, Inc. for the Group’s subsidiaries in the Philippines using the projected unit credit actuarial valuation method for the year ended December 31, 2023 and December 31, 2022. The principal actuarial assumptions used as at the end of the reporting period are as follows: 2023 2022 Discount rate (%) 6.15 - 6.19 7.39 - 7.41 Expected rate of salary increases (%) 6.00 6.00 A quantitative sensitivity analysis for significant assumptions as at the end of the reporting period is shown below: Increase/ Increase/ (decrease) (decrease) in defined in defined Increase benefit Decrease benefit in rate obligations in rate obligations % US$ % US$ 2023 Discount rate 1 (34,297 ) 1 43,440 Future annual salary increases 1 43,349 1 (34,637 ) 2022 Discount rate 1 (17,571 ) 1 22,380 Future annual salary increases 1 22,477 1 (17,927 ) The sensitivity analysis estimates the impact on defined benefit obligations from reasonable changes in key assumptions occurring at the end of the reporting period. The sensitivity analysis is based on changing one assumption at a time, keeping all other assumptions constant, and it may not be representative of an actual change in the defined benefit obligations as it is unlikely that changes in assumptions would occur in isolation from one another. The total expenses recognized in the consolidated statements of loss and other comprehensive (loss)/income in respect of the plan are as follows: 2023 2022 2021 US$ US$ US$ Current service cost 49,109 69,689 152,091 Interest cost 7,563 5,687 4,188 Net benefit expenses recognized in general, administrative and other operating expenses 56,672 75,376 156,279 The movements in the defined benefit obligations classified as non-current liabilities are as follows: 2023 2022 US$ US$ At January 101,913 115,532 Current service cost 49,109 69,689 Interest cost 7,563 5,687 Benefits paid - (14,402 ) Remeasurement losses/(gains) credited to other comprehensive (loss)/income arising from: Changes in financial assumptions 41,325 (37,030 ) Experience adjustments (6,440 ) (28,221 ) Exchange realignment 790 (9,342 ) At December 194,260 101,913

Deferred Taxation

Deferred Taxation	12 Months Ended
	Dec. 31, 2023
Deferred Taxation [Abstract]
DEFERRED TAXATION	24. DEFERRED TAXATION The movements in deferred tax assets/(liabilities) during the year are as follows: Deferred tax liabilities Provision for Fair value Depreciation Right-of-use Total US $ US$ US$ US$ US$ At December 31, 2021 (8,601) (284,338) (3,596) - (296,535) Effect of adoption of amendments to IAS 12 - - - (71,874 ) (71,874 ) At January 1, 2022 (restated) (8,601 ) (284,338 ) (3,596 ) (71,874 ) (368,409 ) Deferred tax credited/(charged) to profit or loss (restated) - 281,791 (1,496 ) (50,682 ) 229,613 Deferred tax charged to other comprehensive (loss)/income (23,148 ) - - - (23,148 ) Exchange realignment (restated) 1,290 2,547 11 (522 ) 3,326 Gross deferred tax liabilities at December 31, 2022 and January 1, 2023 (restated) (30,459 ) - (5,081 ) (123,078 ) (158,618 ) Deferred tax credited to profit or loss - - 1,360 68,519 69,879 Deferred tax credited to other comprehensive (loss)/income 4,920 - - - 4,920 Exchange realignment (16 ) - 4 (449 ) (461 ) Gross deferred tax liabilities at December 31, 2023 (25,555 ) - (3,717 ) (55,008 ) (84,280 ) Deferred tax assets Lease liabilities US$ At January 1, 2021 - Effect of adoption of amendments to IAS 12 71,874 At January 1, 2022 (restated) 71,874 Deferred tax credited to profit or loss (restated) 50,682 Exchange realignment (restated) 522 Gross deferred tax assets at December 31, 2022 and January 1, 2023 (restated) 123,078 Deferred tax charged to profit or loss (68,519 ) Exchange realignment 449 Gross deferred tax assets at December 31, 2023 55,008 For presentation purposes, certain deferred tax assets and liabilities have been offset in the statements of financial position. The following is an analysis of the deferred tax balances of the Group for financial reporting purposes: 2023 2022 US$ US$ Net deferred tax assets recognized in the consolidated statement of financial position - - Net deferred tax liabilities recognized in the consolidated statement of financial position 29,272 35,540

Share Capital

Share Capital	12 Months Ended
	Dec. 31, 2023
Share Capital [Abstract]
SHARE CAPITAL	25. SHARE CAPITAL Movements of share capital of the Company: Number of shares Class A Class B Old Class A Old Class B Class C Preference Total At January 1, 2023 - - 815,700 632,529 - 4,758,252 6,206,481 Scrip dividend for Preference Shares (note (a)) - - - - - 142,032 142,032 Conversion of Preference Shares to Old Class A Ordinary Shares - - 449,865 - - (449,865 ) - Shares issued pursuant to share-based payment arrangement - - 8,726 - - - 8,726 Shares issued upon exercise of Class C warrants (note 22) - - - - 8,349,958 - 8,349,958 Repurchase and cancellation of Old Class A Ordinary Shares - - (2,304) - - - (2,304 ) Capital Reorganization - Share Exchange (note (b)) 10,254,474 - (1,271,987 ) (632,529 ) (8,349,958 ) - - Capital Reorganization - Shares issued to acquire net assets of Bridgetown (note 27) 10,092,134 14,874,838 - - - - 24,966,972 Shares issued upon the exercise of call option 2,005,460 - - - - - 2,005,460 Share issued for settlement of expenses (note (d)) 325,000 - - - - - 325,000 Conversion of Class B Ordinary shares to Class A Ordinary Shares 1,620,000 (1,620,000 ) - - - - - Conversion of Preference Shares to Class A Ordinary Shares 983,599 - - - - (983,599 ) - At December 31, 2023 25,280,667 13,254,838 - - - 3,466,820 42,002,325 Number of shares Old Old Old Preference Ordinary Seed Series A Series B Series B-1 Total At January 1, 2022 - - - - 215,982 60,182 296,076 182,024 61,436 815,700 2022 Share Exchange (note (e)) 815,700 - - - (215,982 ) (60,182 ) (296,076 ) (182,024 ) (61,436 ) - Shares issued for settlement of 2022 Convertible Loans (note (f)) - - - 4,758,252 - - - - - 4,758,252 Shares issued for equity-settled transactions (note (g)) - 632,529 - - - - - - - 632,529 At December 31, 2022 815,700 632,529 - 4,758,252 - - - - - 6,206,481 * Pursuant to a written shareholders’ resolution passed on December 21, 2022, the Ordinary Shares, Seed Preference Shares, Series A Preference Shares, Series B Preferences Shares and Series B-1 Preference Shares were cancelled. As at December 31, 2022 and 2021, the total number of ordinary shares of the Company outstanding were 1,448,229 and 215,982, respectively. The movements of the shares issued by the Company in 2022 and 2021 have been retrospectively adjusted to give effect to the share exchange for purposes of computing loss per ordinary share (note 34). Notes: (a) Prior to the Capital Reorganization, the Company declared scrip dividends to holders of the Preference Shares and issued an aggregate of 142,032 Preference Shares. No other dividends were declared to holders of any shares of the Company during the years ended December 31, 2023 and 2022. (b) As described in note 1, upon closing of the Capital Reorganization, 10,254,474 Class A ordinary shares and 4,450,419 Preference Shares of the Company were exchanged for 33,379,256 ordinary shares of CGCL and 14,486,506 preference shares of CGCL at an exchange ratio of 0.307212. (c) The Company executed a deed poll constituting up to US$5,000,000 of fixed rate unsecured loan notes, bearing a paid in kind (“PIK”) interest rate of 25% per annum (together with any PIK notes, the “Call Option Notes”) subscribed by a company controlled by a shareholder with significant influence over the Company (the “Option Holder”). Immediately after the closing of the Capital Reorganization, the Option Holder elected to exercise its call option for subscription of additional loan notes (see note 21) in full pursuant to the call option agreement by and between the Company and the Option Holder, as a result of which it received 2,005,460 Class A Ordinary Shares of the Company for no consideration and subscribed for US$5,000,000 of Call Option Notes in an aggregate principal amount of US$5,000,000. The Company has fully settled the Call Option Notes together with any accrued interest in October, 2023. (d) The Company issued 325,000 Class A Ordinary Shares for settlement of professional services rendered by a third party to the Group in lieu of the cash settlement option of US$500,000 (note 26). (e) The issued and fully paid Ordinary Shares, Seed Preference Shares, Series A Preference Shares, Series B Preference Shares and Series B-1 Preference Shares (collectively, the “Existing Shares”) were automatically and compulsorily repurchased by the Company in exchange for the issuance of 815,700 Old Class A Ordinary Shares to the holders of the Existing Shares (“2022 Share Exchange”). Pursuant to a written shareholders’ resolution passed on October 14, 2022, the Company created and issued 6,165,000 Class A Warrants to subscribe to 6,165,000 Old Class A Ordinary Shares in the capital of the Company to the holders of the Existing Shares. (f) The Company issued 4,758,252 Preference Shares in exchange for settling all of the Company’s 2022 Convertible Loans and the corresponding accrued interest amounts (see note 20). (g) The Company allotted and issued 632,529 Old Class B Ordinary Shares to a company controlled by a shareholder with significant influence over the Company as non-cash consideration for the company’s assistance as the lead subscriber for the structuring of loan note purchase (see note 21) and other arrangements. Pursuant to a written shareholders’ resolution passed on October 14, 2022, the Company created 7,388,525 Class C Warrants, of which 3,939,472 Class C Warrants were issued to the holders of the Class B Ordinary Shares to subscribe to 3,939,472 Class C Ordinary Shares in the capital of the Company (see notes 21 and 22). Pursuant to a written resolution passed on December 21, 2022, the Company created 1,203,159 additional Class C Warrants to subscribe to 1,203,159 Class C Ordinary Shares in the capital of the Company and issued 4,410,486 Class C Warrants to subscribe to 4,410,486 Class C Ordinary Shares to holders of the loan notes (see notes 21 and 22). Details of share capital of the Company: 2023 2022 US$ US$ Authorized: 440,000,000 Class A Ordinary Shares 44,000 - 50,000,000 Class B Ordinary Shares 5,000 - 10,000,000 Preference Shares 1,000 - 29,461,631 Old Class A Ordinary Shares - 9,590 645,145 Old Class B Ordinary Shares - 210 11,581,892 Old Class C Ordinary Shares - 3,770 5,621,980 Old Class D Ordinary Shares - 1,830 4,915,392 Preference Shares - 1,600 50,000 17,000 Issued and fully paid: 25,280,667 Class A Ordinary Shares 2,528 - 13,254,838 Class B Ordinary Shares 1,325 - 3,466,820 Preference Shares 347 - 815,700 Old Class A Ordinary Shares - 265 632,529 Old Class B Ordinary Shares - 206 4,758,252 Preference Shares - 1,549 4,200 2,020 All class of shares above have a par value of US$0.0001 each. The terms of the different classes of shares outstanding for the year ended December 31, 2023 are as follows: Class A Ordinary Shares The holders of Class A Ordinary Shares are entitled to (i) receive dividends as declared from time to time, (ii) vote at shareholders’ meetings of the Company, and (iii) capital upon liquidation of the Company after the holders of convertible Preference Shares, as determined by the liquidator of the Company and sanctioned by ordinary resolution. Class B Ordinary Shares The holders of Class B Ordinary Shares are entitled to (i) receive dividends as declared from time to time, (ii) vote at shareholders’ meetings of the Company, (iii) capital upon liquidation of the Company after the holders of convertible Preference Shares, as determined by the liquidator of the Company and sanctioned by ordinary resolution, and (iv) convert their Class B Ordinary Shares into Class A Ordinary Shares of the Company at their discretion. Preference Shares After Capital Reorganization: The holders of Preference Shares are entitled to (i) receive dividends, which are at the discretion of the board of directors of the Company, that such holder would receive had such holder converted all its Preference Shares into the applicable number of Class A Ordinary Shares immediately prior to the record date for the determination of the holders entitled to such dividend or distribution, (ii) vote at shareholders’ meetings of the Company, (iii) capital upon liquidation of the Company before the holders of Class A Ordinary Shares and Class B Ordinary Shares, as determined by the liquidator of the Company and sanctioned by ordinary resolution, and (iv) convert their Preference Shares into Class A Ordinary Shares of the Company at their discretion. Before Capital Reorganization: The holders of Preference Shares are entitled to (i) the number of votes equal to the number of Old Class A Ordinary Shares into which the Preference Shares could then be converted at shareholder meeting of the Company; (ii) capital upon liquidation, winding up or dissolution of the Company before holders of Old Class A Ordinary Shares, Old Class B Ordinary Shares, Old Class C Ordinary Shares and Class D Ordinary Shares; (iii) receive fixed cumulative payment-in-kind dividends at a rate of 3 per cent per annum of the deemed issue price of the Preference Shares in preference to the holders of Old Class A Ordinary Shares, Old Class B Ordinary Shares, Old Class C Ordinary Shares and Class D Ordinary Shares if the board of directors resolve to declare and pay a dividend in any financial year; and (iv) conversion to Old Class A Ordinary Shares based on the applicable conversion price at the time of conversion. Preference Shares are subject to automatic conversion to Old Class A Ordinary Shares based on the applicable conversion price immediately prior to closing of a capital markets transaction or trade sale. Preference Shares are classified as equity since they are non-redeemable and any dividends are discretionary. The terms of the different classes of shares outstanding for the year ended December 31, 2022 are as follows: Old Class A Ordinary Shares The holders of Old Class A Ordinary Shares are entitled to (i) one vote for each share at shareholder meeting of the Company; and (ii) capital upon liquidation, winding up or dissolution of the Company ratably among the holders of Old Class A Ordinary Shares, Old Class B Ordinary Shares, Old Class C Ordinary Shares and Old Class D Ordinary Shares after payments made to the holders of Preference Shares of the Company; and (iii) receive dividends, which are at the discretion of the board of directors of the Company, pro rata among the holders of Old Class A Ordinary Shares, Old Class B Ordinary Shares, Old Class C Ordinary Shares and Old Class D Ordinary Shares, after the payment of dividends to the holders of the Preference Shares. Old Class B Ordinary Shares The holders of Old Class B Ordinary Shares are entitled to (i) two votes for each share at shareholder meeting of the Company; (ii) capital upon liquidation, winding up or dissolution of the Company ratably among the holders of Old Class A Ordinary Shares, Old Class B Ordinary Shares, Old Class C Ordinary Shares and Old Class D Ordinary Shares after payments made to the holders of Preference Shares of the Company; and (iii) receive dividends, which are at the discretion of the board of directors of the Company, pro rata among the holders of Old Class A Ordinary Shares, Old Class B Ordinary Shares, Old Class C Ordinary Shares and Old Class D Ordinary Shares, after the payment of dividends to the holders of the Preference Shares. Old Class B Ordinary Shares are subject to (i) automatic conversion to Class A Ordinary Shares on a 1:1 ratio immediately prior to closing of a capital markets transaction or trade sale or (ii) automatic conversion to Old Class C Ordinary Shares on a 1:1 ratio immediately upon the full or partial exercise of the Class C Warrants held by the holder of those Old Class B Ordinary Shares. Old Class C Ordinary Shares The holders of Old Class C Ordinary Shares are entitled to (i) ten votes for each share at shareholder meeting of the Company; (ii) capital upon liquidation, winding up or dissolution of the Company ratably among the holders of Old Class A Ordinary Shares, Old Class B Ordinary Shares, Old Class C Ordinary Shares and Old Class D Ordinary Shares after payments made to the holders of Preference Shares of the Company; and (iii) receive dividends, which are at the discretion of the board of directors of the Company, pro rata among the holders of Old Class A Ordinary Shares, Old Class B Ordinary Shares, Old Class C Ordinary Shares and Old Class D Ordinary Shares, after the payment of dividends to the holders of the Preference Shares; Old Class C Ordinary Shares are subject to automatic conversion to Old Class A Ordinary Shares on a 1:1 ratio immediately prior to closing of a capital markets transaction or trade sale. Old Class D Ordinary Shares The holders of Old Class D Ordinary Shares are entitled to (i) capital upon liquidation, winding up or dissolution of the Company ratably among the holders of the Old Class A Ordinary Shares, Old Class B Ordinary Shares, Old Class C Ordinary Shares and Old Class D Ordinary Shares, after the payment of dividends to the holders of the Preference Shares; and (ii) receive dividends, which are at the discretion of the board of directors of the Company, pro rata among the holders of Old Class A Ordinary Shares, Old Class B Ordinary Shares, Old Class C Ordinary Shares and Old Class D Ordinary Shares, after the payment of dividends to the holders of the Preference Shares. Old Class D Ordinary Shares are subject to automatic conversion to Old Class A Ordinary Shares on a 1:1 ratio immediately prior to closing of a capital markets transaction or trade sale. The terms of the different classes of shares outstanding as at January 1, 2022 are as follows: Ordinary Shares The holders of ordinary shares are entitled to (i) receive dividends as declared from time to time; (ii) vote at shareholder meetings of the Company; and (iii) are entitled to capital upon liquidation of the Company after payments made to the holders of Series A preference shares, the holders of Series B preference shares, the holders of Series B-1 preference shares and the holders of Seed preference shares of the Company. Seed Preference Shares The holders of Seed preference shares are entitled to (i) receive dividends as declared from time to time; (ii) vote at shareholders’ meetings of the Company; (iii) capital upon liquidation of the Company before the holders of ordinary shares but after the holders of Series A preference shares, the holders of Series B preference shares and the holders of Series B-1 preference shares of the Company; and (iv) convert their Seed preference shares into ordinary shares of the Company at their discretion. Series A Preference Shares The holders of Series A preference shares are entitled to (i) receive dividends as declared from time to time; (ii) vote at shareholders’ meetings of the Company; (iii) capital upon liquidation of the Company before the holders of ordinary shares and Seed preference shares but after the holders of Series B preference shares and the holders of Series B-1 preference shares of the Company; and (iv) convert their Series A preference shares into ordinary shares of the Company at their discretion. Series B Preference Shares The holders of Series B preference shares are entitled to (i) receive dividends as declared from time to time; (ii) vote at shareholders’ meetings of the Company; (iii) capital upon liquidation of the Company before the holders of ordinary shares, Seed preference shares and Series A preference shares but after the holders of Series B-1 preference shares of the Company; and (iv) convert their Series B preference shares into ordinary shares of the Company at their discretion. Series B-1 Preference Shares The holders of Series B-1 preference shares are entitled to (i) receive dividends as declared from time to time; (ii) vote at shareholders’ meetings of the Company; (iii) capital upon liquidation of the Company before the holders of ordinary shares, Seed preference shares, Series A preference shares and Series B preference shares of the Company; and (iv) convert their Series B-1 preference shares into ordinary shares of the Company at their discretion. Seed Preference Shares, Series A Preference Shares, Series B Preference Shares and Series B-1 Preference Shares were classified as equity since they are non-redeemable and any dividends are discretionary.

Share-Based Payments

Share-Based Payments	12 Months Ended
	Dec. 31, 2023
Share-Based Payments [Abstract]
SHARE-BASED PAYMENTS	26. SHARE-BASED PAYMENTS Equity-settled share-based payment transactions - 2015 share option scheme During the year ended December 31, 2015, the Board of Directors of the Company approved the 2015 Equity Plan, which is administrated by the Board of Directors. The Company operates the share option scheme primarily for the purpose of providing incentives and rewards to eligible participants (including key management and other employees of the Group) who contribute to the long-term growth and profitability of the Group. Eligible participants of the share option scheme are granted options to subscribe for ordinary shares of the Company (the “Old Share Options”). The Old Share Options granted typically have a term of ten years and vest over one to five years based on continued services. Certain of the Old Share Options have market conditions which are taken into account in the determination of the fair value of such options as at the date of grant. Any unvested Old Share Options will vest in full and be cashed out at an amount according to the terms set out in the grant letters upon the occurrence of certain triggering events which the Company considered not probable. Old Share options do not confer rights on the holders to dividends or to vote at shareholders’ meetings. A summary of the movements in the number of Old Share Options held by key management personnel of the Group which were granted in respect of their services rendered to the Group during the year ended December 31, 2022 was as follows: 2022 Weighted average exercise price Number US$ per share of options At January 86.44 144,797 Cancelled during the year 86.44 (144,797 ) At December - - During the year ended December 31, 2022, all the outstanding Old Share Options were cancelled and the 2015 share option scheme was terminated for no consideration. As a result, the total amount of unrecognized share-based compensation expense related to the Old Share Options of US$6,023,000 was immediately recognized in employee benefit expenses upon the cancellation of the awards. Equity-settled share-based payment transactions - share option scheme - 2022 Equity Plan and MoneyHero Equity Plan On December 16, 2022, the Board of Directors of the Company approved the 2022 Equity Plan, which is administrated by the Board of Directors. The Company operates the share option scheme primarily for the purpose of providing incentives and rewards to eligible participants (including key management and other employees of the Group) who contribute to the long-term growth and profitability of the Group. Eligible participants of the share option scheme are granted options to subscribe for ordinary shares of the Company (the “2022 Share Options”). The 2022 Share Options granted typically have a term of ten years and vest over 45 to 48 months based on continued services. Certain of the 2022 Share Options have other vesting conditions relating to the performance of the Group which are non-market performance vesting conditions and are included in the assumptions about the number of equity instruments that are expected to vest. Upon the occurrence of certain triggering events, 50% of the unvested 2022 Share Options will vest, and the remaining 50% will vest on the first anniversary of such event, with certain conditions such as the participants’ continued employment with the Group. Upon the occurrence of such event, the Board of Directors may (in its sole discretion), with respect to any or all of the 2022 Share Options that are outstanding and vested at such time, take certain actions including, and depending on the conditions, (a) to provide for the assumption, substitution or continuation of such vested 2022 Share Options or the adjustment of performance criteria or acceleration of vesting; (b) to cash out the excess of fair market value of the share of the Company to be awarded over the exercise price of the 2022 Share Options; (c) to unilaterally terminate all or any portion of such vested 2022 Share Options for no consideration if the exercise price of the 2022 Share Options equals to or exceeds the fair market value of the share of the Company; or (d) to convert into equity securities of the listing vehicle in applicable cases. 2022 Share Options do not confer rights on the holders to dividends or to vote at shareholders’ meetings. Following the consummation of the Capital Reorganization (note 1), all outstanding share options under the 2022 Equity Plan were replaced by share options issued under the Company’s new equity plan (the “MoneyHero Share Options” issued under “MoneyHero Equity Plan”). There was no incremental fair value in addition to the original grant-date fair value of original 2022 Share Options to be recognized. A summary of the movements in the number of share options under the 2022 Equity Plan, which was subsequently replaced by the MoneyHero Share Options, held by employees and key management personnel of the Group which were granted in respect of their services rendered to the Group is as follows: 2023 Weighted average exercise price Number US$ per share of options At January 1, - - Granted during the year 0.0001 3,188,929 Cancelled during the year 0.0001 (75,431 ) Forfeited during the year 0.0001 (233,927 ) At December 31, 0.0001 2,879,571 The range of exercise prices and the remaining contractual life of the MoneyHero Share Options held by employees and key management personnel of the Group outstanding as at the end of the reporting period are as follows: Remaining Range US$ per share Number 2023 2.75 – 3.00 0.0001 2,879,571 The fair values of 2022 Share Options granted during the year ended December 31, 2023 before the Capital Reorganization were estimated as at the date of grant using a binomial model, taking into account the terms and conditions upon which the options were granted. The following table lists the inputs to the model used: Dividend yield (%) - Risk-free interest rate (%) 3.49 - 3.87 Exit rate (%) 25 Exercise multiples (%) 220 - 280 Volatility (%) 60 - 62 Expected life of options (years) 10 Fair value of underlying Ordinary Share (US$ per share) 0.43 - 1.82 The Group estimated the expected volatility based on the historical volatility of similar companies that are publicly-traded given the Company has been a private company that lacks information on share price volatility before the Capital Reorganization. The Company selected companies with similar characteristics, including invested capital’s value, business model, risk profiles, position within the industry, and with historical share price information sufficient to meet the contractual lives of the Company’s options. Further, the expected dividend yield was determined to be 0% Equity-settled Transactions – Others On October 14, 2022, the Company allotted and issued 632,528 Class B Ordinary Shares of US$0.0001 each for non-cash consideration as the compensation to a company controlled by a shareholder of the Company for its assistance as the lead subscriber for the structuring of loan note purchase (see note 21) and other arrangements. The Company measured the fair value of services received indirectly with reference to the fair value of the equity instruments granted as consideration for the services. The fair value of the non-cash consideration of US$882,115 was charged to profit or loss for the year ended December 31, 2022. The Company has used the market approach to determine the underlying equity value of the Company and thus the fair value of Class B Ordinary Shares. The significant assumptions used in this analysis include, but are not limited to, the derived multiples from comparable companies and other market data. The selection of comparable businesses is based on similar characteristics of the business in which the reporting unit operates giving consideration to risk profiles, size, geography, and diversity of products and services. On November 6, 2023, the Company allotted and issued 325,000 Class A Ordinary Shares of the Company of US$0.0001 each for the settlement to a third party for its professional services rendered. The Company measured the fair value of services received at the market price of the services, which was $500,000 and charged to profit or loss for the year ended December 31, 2023 (see Note 25(d)).

Capital Reorganization

Capital Reorganization	12 Months Ended
	Dec. 31, 2023
Capital Reorganization [Abstract]
CAPITAL REORGANIZATION	27. CAPITAL REORGANIZATION As described in note 1, the Capital Reorganization has been accounted for with reference to the principles of reverse acquisitions as if CGCL is the accounting acquirer and Bridgetown is accounting acquiree. Accordingly, except for the capital structure, these financial statements have been presented as a continuation of the consolidated financial information of CGCL with: ● the assets and liabilities of CGCL Group recognized and measured at their carrying amounts immediately prior to the Capital Reorganization; ● the accumulated losses and other equity balances of CGCL Group recognized at their carrying amounts immediately prior to the Capital Reorganization; and the financial information for periods prior to the Capital Reorganization being that of CGCL Group. As Bridgetown, the accounting acquiree, does not meet the definition of a business for the purposes of IFRS 3, the Capital Reorganization is determined to be an acquisition of the net assets of Bridgetown together with an equity-settled share-based payment which is regarded as an issuance of the Company’s ordinary shares in exchange for a stock exchange listing service. The stock exchange listing service has been recorded in profit or loss and measured as the excess of fair value of the Company’s ordinary shares issued to acquire Bridgetown over the fair value of Bridgetown’s identifiable net assets acquired, with the amount expensed as incurred: The fair value of Bridgetown’s identifiable net assets acquired comprising: US$ Cash 46,783 Cash held in Trust Account 91,466,681 Warrant liabilities (note a) (4,993,764 ) Net identifiable assets acquired 86,519,700 Less: Fair Value of consideration comprising 10,092,134 Company’s Class A ordinary shares (note b) 62,066,624 14,874,838 Company’s Class B ordinary shares 91,480,254 Total Fair value of consideration 153,546,878 Share-based payment on listing 67,027,178 Notes: (a) The warrant liabilities acquired include those in relation to the warrants issued by Bridgetown to Bridgetown’s public investors (Public Warrants) and Bridgetown LLC, the sponsor (Sponsor Warrants). The holders of Bridgetown’s warrants (including public investors and the sponsor) received one warrant of the Company for each Bridgetown’s warrant, resulting in the issuance of 26,282,971 warrants by the Company upon the Capital Reorganization (see note 22). (b) Concurrently with the execution of the Initial Merger, the Company, Bridgetown, Bridgetown’s sponsor and CGCL entered into a working capital loan capitalization agreement (the “ Working Capital Loan Capitalization Agreement”). Included in the 10,092,134 Class A Ordinary Shares of the Company issued to Bridgetown’s sponsor were 451,839 shares issued pursuant to the Working Capital Loan Capitalization Agreement to settle an aggregate of US$4,518,390 of working capital loans from Bridgetown’s sponsors to Bridgetown. Professional services fee of US$6,643,367 were incurred to facilitate the listing on NASDAQ via the Capital Reorganization and recognized as administrative and other operating expenses in profit or loss for the year ended December 31, 2023.

Reserves

Reserves	12 Months Ended
	Dec. 31, 2023
Reserves [Abstract]
RESERVES	28. RESERVES The amounts of the Group’s reserves and the movements therein for the current and prior years are presented in the consolidated statement of changes in equity on pages F-6 and F-7 of the financial statements. The capital, warrant and other reserves mainly represented certain adjustments to equity arising from group reorganizations, and outstanding Class A Warrants classified as equity measured at fair value upon initial recognition and not subsequently remeasured. As at December 31, 2023, Class A Warrants with a carrying amount of approximately US$3,118,496 were held by a shareholder with significant influence over the Company and key management personnel of the Company.

Notes to the Statements of Cash

Notes to the Statements of Cash Flows	12 Months Ended
	Dec. 31, 2023
Notes to the Statements of Cash Flows [Abstract]
NOTES TO THE STATEMENTS OF CASH FLOWS	29. NOTES TO THE STATEMENTS OF CASH FLOWS (a) C hanges in liabilities arising from financing activities 2023 Lease Loan notes liabilities US$ US$ At January 1, 2023 8,745,192 785,687 Changes from financing cash flows (27,720,827 ) (730,908 ) Interest paid classified as operating cash flows - (48,363 ) Non-cash transactions: New leases - 549,622 Finance costs accrued 18,975,635 48,363 Exchange realignment - 1,660 At December 31, 2023 - 606,061 2022 Convertible Lease Loan notes loans Bridge loan Liabilities US$ US$ US$ US$ At January 1, 2022 - 4,294,265 12,274,215 486,678 Changes from financing cash flows 22,397,271 12,656,069 610,000 (873,308 ) Interest paid classified as operating cash flows - - - (42,130 ) Non-cash transactions: Finance costs accrued 786,058 2,894,050 4,074,175 42,130 New leases - - - 1,237,069 Remeasurement on lease modifications - - - (64,390 ) Recognition of warrant liabilities (11,642,006 ) - - - Initial recognition of derivative financial instruments (2,796,131 ) (10,024,014 ) (842,181 ) - Derecognition of derivative financial instruments - 735,688 3,229,291 - Issuance of convertible loan for settlement of bridge loan - 18,960,000 (18,960,000 ) - Conversion to Preference Shares - (29,381,027 ) - - Other non-cash transactions - (135,031 ) (385,500 ) - Exchange realignment - - - (362 ) At December 31, 2022 8,745,192 - - 785,687 2021 Convertible Lease loan Bridge loan Liabilities US$ US$ US$ At January 1 2021 4,123,563 — 1,116,912 Changes from financing cash flows — 13,150,000 (785,494 ) Interest paid classified as operating cash flows — — (48,171 ) Non-cash transactions: Initial recognition of derivative financial instruments (544,327 ) (1,418,222 ) — Finance costs accrued 715,029 936,937 48,171 Remeasurement on lease modifications — — 206,250 Other non-cash transactions — (394,500 ) — Exchange realignment — — (50,990 ) At 31 December 2021 4,294,265 12,274,215 486,678 (b) Total cash outflow for leases The total cash outflow for leases included in the statements of cash flows is as follows: 2023 2022 2021 US$ US$ US$ Within operating activities 91,294 199,394 378,571 Within financing activities 730,908 873,308 785,494 822,202 1,072,702 1,164,065

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	30. RELATED PARTY TRANSACTIONS In addition to the transactions, arrangements and balances detailed elsewhere in these financial statements, the Group had the following transactions with companies controlled by a shareholder with significant influence over the Company and key management personnel on agreed terms between the relevant parties during the years ended December 31, 2023, 2022 and 2021: 2023 2022 2021 US$ US$ US$ Finance costs on bridge loan - Key management personnel - 97,428 36,036 - A company controlled by a shareholder with significant influence over the Company - 487,140 180,180 Finance costs on convertible loans - Key management personnel - 77,403 - - Companies controlled by a shareholder with significant influence over the Company - 1,679,203 715,029 Finance costs on loan notes - Key management personnel 152,468 1,590 - - Companies controlled by a shareholder with significant influence over the Company 15,013,576 744,727 - Revenue earned from companies controlled by a shareholder with significant influence over the Company - Internet leads generation and marketing service income 161,451 197,835 100,633 - Insurance commission income 695,088 93,593 3,100 - Marketing income 25,161 32,398 3,721 Equity-settled transactions included in general, administrative and other operating expenses (note 26) - 882,115 -

Financial Instruments by Catego

Financial Instruments by Category	12 Months Ended
	Dec. 31, 2023
Financial Instruments by Category [Abstract]
FINANCIAL INSTRUMENTS BY CATEGORY	31. FINANCIAL INSTRUMENTS BY CATEGORY The carrying amounts of each of the categories of financial instruments as at the end of the reporting period are as follows: 2023 Financial assets at amortized cost 2023 US$ Accounts receivable 17,236,384 Financial assets included in deposits and other receivables 808,679 Pledged bank deposits 188,745 Cash and cash equivalents 68,641,016 86,874,824 Financial liabilities Financial Financial Total US$ US$ US$ 2023 Accounts payable - 23,839,894 23,839,894 Warrant liabilities 1,839,808 - 1,839,808 Lease liabilities - 606,061 606,061 Financial liabilities included in other payables and accruals - 5,664,220 5,664,220 1,839,808 30,110,175 31,949,983 2022 Financial assets at amortized cost 2022 US$ Accounts receivable 9,684,035 Financial assets included in deposits and other receivables 703,399 Pledged bank deposits 195,883 Cash and cash equivalents 24,077,695 34,661,012 Financial liabilities Financial Financial Total US$ US$ US$ 2022 Accounts payable - 16,653,695 16,653,695 Other derivative financial instruments 2,796,131 - 2,796,131 Warrant liabilities 12,449,145 - 12,449,145 Lease liabilities - 785,687 785,687 Financial liabilities included in other payables and accruals - 4,513,530 4,513,530 Loan note - 8,745,192 8,745,192 15,245,276 30,698,104 45,943,380

Financial Risk Management Objec

Financial Risk Management Objectives and Policies	12 Months Ended
	Dec. 31, 2023
Financial Risk Management Objectives and Policies [Abstract]
FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES	32. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES The Group’s principal financial instruments are cash and cash equivalents, pledged bank deposits, convertible loan, interest-bearing borrowings, other derivative financial instruments and warrant liabilities. The main purpose of these financial instruments is to finance the Group’s operations. The Group has various other financial assets and liabilities such as accounts receivable, other receivables, deposits, accounts payable, lease liabilities and financial liabilities included in other payables and accruals, which mainly arise directly from its operations. It is, and has been throughout the year under review, the Group’s policy that no trading in financial instruments shall be undertaken. The main risks arising from the Group’s financial instruments, assets and liabilities are credit risk, liquidity risk and foreign currency risk. Management reviews and agrees policies for managing each of these risks and they are summarized below. Credit risk The Group trades mainly with recognized and creditworthy third parties. Customers who wish to trade on credit terms are normally subject to credit verification procedures. In addition, receivable balances are monitored on an ongoing basis. Maximum exposure and year-end staging The tables below show the credit quality and the maximum exposure to credit risk based on the Group’s credit policy, which is mainly based on past due information unless other information is available without undue cost or effort, and year-end staging classification as at December 31. The amounts presented are gross carrying amounts for financial assets. 12-month ECLs Lifetime ECLs Simplified Stage 1 Stage 2 Stage 3 approach Total US$ US$ US$ US$ US$ December 31, 2023 Accounts receivable* - - - 17,346,035 17,346,035 Contract assets* - - - 16,024,969 16,024,969 Financial assets included in deposits and other receivables - Normal** 808,679 - - - 808,679 Pledged bank deposits - Not yet past due 188,745 - - - 188,745 Cash and cash equivalents - Not yet past due 68,641,016 - - - 68,641,016 69,638,440 - - 33,371,004 103,009,444 December 31, 2022 Accounts receivable* - - - 9,807,667 9,807,667 Contract assets* - - - 11,140,109 11,140,109 Financial assets included in deposits and other receivables - Normal** 764,611 - - - 764,611 Pledged bank deposits - Not yet past due 195,883 - - - 195,883 Cash and cash equivalents - Not yet past due 24,077,695 - - - 24,077,695 25,038,189 - - 20,947,776 45,985,965 * For accounts receivable and contract assets to which the Group applies the simplified approach for impairment, information is disclosed in notes 14 and 15 to the financial statements. ** The credit quality of financial assets included in deposits and other receivables is considered to be “normal” when it is not past due and there is no information indicating that the financials had a significant increase in credit risk since initial recognition. Otherwise, the credit quality of the financial assets is considered to be “doubtful”. Liquidity risk The Group monitors its risk to a shortage of funds and considers the maturity of both its financial liabilities and financial assets and projected cash flows from operations. The Group’s objective is to ensure there are adequate funds to meet its liquidity requirements in the short and longer terms. The maturity profile of the Group’s financial liabilities as at the end of the reporting period, based on the contractual undiscounted payments, is as follows: Within 1 1 to 5 Total US$ US$ US$ 2023 Lease liabilities 588,103 27,108 615,211 Accounts payable 23,839,894 - 23,839,894 Financial liabilities included in other payables and accruals 5,664,220 - 5,664,220 30,092,217 27,108 30,119,325 2022 Lease liabilities 523,206 300,092 823,298 Accounts payable 16,653,695 - 16,653,695 Financial liabilities included in other payables and accruals 4,513,530 - 4,513,530 Loan notes - 68,351,047 68,351,047 21,690,431 68,651,139 90,341,570 Foreign currency risk Foreign currency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate as a result of changes in foreign exchange rates. The Group operates across Asia and is exposed to foreign exchange risk arising from foreign currency transactions. The Group’s operating units may have financial instruments denominated in currencies other than their respective functional currencies. They are therefore exposed to foreign currency risk, as the value of the financial instruments denominated in other currencies will fluctuate due to changes in exchange rates. The Group does not hedge foreign currency exposures. The Group’s senior management monitors and manages the Group’s foreign currency risk exposure position on an ongoing basis, and considers hedging significant foreign currency exposure should the need arise. The following table demonstrates the sensitivity at the end of the reporting period to a reasonably possible change in the SGD, TWD, MYR, PHP, THB and IDR exchange rates, with all other variables held constant, of the Group’s loss before tax. As HK$ is pegged to US$, the directors of the Company anticipate that there will be no significant movements in the US$/HK$ exchange rates and the exposure on US$ will not be material. 2023 2022 Increase/ Increase/ Increase/ Increase/ (decrease) in (decrease) (decrease) in (decrease) foreign in loss foreign in loss exchange rate after tax exchange rate after tax US$ US$ SGD 3 % (1,477,961 ) 3 % (1,556,060 ) (3 )% 1,477,961 (3 )% 1,556,060 TWD 3 % (474,534 ) 3 % (473,641 ) (3 )% 474,534 (3 )% 473,641 MYR 3 % (402,719 ) 3 % (372,744 ) (3 )% 402,719 (3 )% 372,744 PHP 3 % (576,565 ) 3 % (489,293 ) (3 )% 576,565 (3 )% 489,293 THB 3 % (329,276 ) 3 % (327,939 ) (3 )% 329,276 (3 )% 327,939 IDR 3 % (184,116 ) 3 % (181,853 ) (3 )% 184,116 (3 )% 181,853 Capital management The primary objectives of the Group’s capital management are to safeguard the Group’s ability to continue as a going concern and to maintain healthy capital ratios in order to support its business and maximize shareholders’ value. The Group manages its capital structure and makes adjustments to it in light of changes in economic conditions and the risk characteristics of the underlying assets. To maintain or adjust the capital structure, the Group may return capital to shareholders or issue new shares. No changes were made in the objectives, policies or processes for managing capital during the years ended December 31, 2023 and 2022.

Fair Value and Fair Value Hiera

Fair Value and Fair Value Hierarchy of Financial Instruments	12 Months Ended
	Dec. 31, 2023
Fair Value and Fair Value Hierarchy of Financial Instruments [Abstract]
FAIR VALUE AND FAIR VALUE HIERARCHY OF FINANCIAL INSTRUMENTS	33. FAIR VALUE AND FAIR VALUE HIERARCHY OF FINANCIAL INSTRUMENTS The Group’s management is responsible for determining the policies and procedures for the fair value measurement of financial instruments. At each reporting date, management analyzes the movements in the values of financial instruments and determines the major inputs applied in the valuation. The valuation is reviewed and approved by management. The fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. Management has assessed that the carrying amounts of financial assets included in accounts receivable, financial assets included in deposits and other receivables, cash and cash equivalents, pledged bank deposits, accounts payable, financial liabilities included in other payables and accruals, interest-bearing borrowings and lease liabilities reasonably approximate to their fair values largely due to the short term maturities/no fixed terms of repayment of these instruments or because the effect of discounting not reflected in the carrying amounts of these instruments are not material. The fair values of the non-current portion of deposits, interest-bearing borrowings and lease liabilities have been calculated and assessed mainly by discounting the expected future cash flows using rates currently available for instruments with similar terms, credit risk and remaining maturities, as appropriate. The changes in fair value as a result of the Group’s own non-performance risk for interest-bearing borrowings and lease liabilities as at December 31, 2023 and 2022 were assessed to be insignificant. The derivative financial instruments and warrant liabilities are initially recognized at fair value and are subsequently remeasured at fair value at the end of each reporting period. The fair value measurement of the derivative financial instruments and warrant liabilities, except for Public Warrants and Sponsor Warrants issued upon the Capital Reorganization, are measured using significant unobservable inputs, as further detailed in notes 20, 21 and 22 to the financial statement, and categorized within Level 3 fair value measurement. For Public Warrants and Sponsor Warrants issued upon the Capital Reorganization (note 22) that are accounted for as a derivative financial liability and measured at fair value at each reporting date are Level 1 Instruments. During the year, there were no transfers of fair value measurements between Level 1 and Level 2 and no transfers into or out of Level 3 for financial liabilities (2022: Nil no

Loss Per Share Attributable to

Loss Per Share Attributable to Ordinary Equity Holders of the Company	12 Months Ended
	Dec. 31, 2023
Loss Per Share Attributable to Ordinary Equity Holders of the Company [Abstract]
LOSS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE COMPANY	34. LOSS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE COMPANY The calculation of the basic loss per share amounts is based on the loss for the year attributable to ordinary equity holders, and the weighted average number of ordinary shares of in issue during the period. Comparative loss per share (basic and diluted) was restated to give effect to the Share Exchange for comparability purposes (see note 1). 2023 2022 2021 US$ US$ US$ per share per share per share Basic and diluted loss per share Total basic and diluted loss per share attributable to the ordinary equity holders of the Company (17.92 ) (102.43 ) (143.21 ) 2023 2022 2021 US$ US$ US$ Loss Loss attributable to the equity shareholders of the Company 172,600,513 49,441,815 30,932,005 2023 2022 2021 Number of shares Weighted-average number of ordinary shares 9,632,562 482,689 215,983 The computation of basic and diluted loss per Class A and Class B ordinary share are the same as the Class A and Class B ordinary shares have the same rights to participate in profits and losses and are all treated as ordinary shares on an as converted basis. No adjustment has been made to the basic loss per share amounts presented for the years ended December 31, 2023, 2022 and 2021 in respect of a dilution as the impact of the warrants, preference shares, convertible loans and share options outstanding have an anti-dilutive effect on the basic loss per share amounts presented.

Approval of the Financial State

Approval of the Financial Statements	12 Months Ended
	Dec. 31, 2023
Approval of the Financial Statements [Abstract]
APPROVAL OF THE FINANCIAL STATEMENTS	35. APPROVAL OF THE FINANCIAL STATEMENTS The financial statements were approved and authorized for issue by the board of directors on April 29, 2024.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of consolidation	Basis of consolidation The consolidated financial statements include the financial statements of the Company and its subsidiaries. A subsidiary is an entity (including a structured entity), directly or indirectly, controlled by the Company. Control is achieved when the Group is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee (i.e., existing rights that give the Group the current ability to direct the relevant activities of the investee). Generally, there is a presumption that a majority of voting rights results in control. When the Company has, directly or indirectly, less than a majority of the voting or similar rights of an investee, the Group considers all relevant facts and circumstances in assessing whether it has power over an investee, including: (a) the contractual arrangement with the other vote holders of the investee; (b) rights arising from other contractual arrangements; and (c) the Group’s voting rights and potential voting rights. The financial statements of the subsidiaries are prepared for the same reporting period as the Company, using consistent accounting policies. The results of subsidiaries are consolidated from the date on which the Group obtains control and continue to be consolidated until the date that such control ceases. Profit or loss and each component of other comprehensive (loss)/income are attributed to the owners of the parent of the Group and to the non-controlling interests, even if this results in the non-controlling interests having a deficit balance. All intra-group assets and liabilities, equity, income, expenses and cash flows relating to transactions between members of the Group are eliminated in full on consolidation. The Group reassesses whether or not it controls an investee if facts and circumstances indicate that there are changes to one or more of the three elements of control described above. A change in the ownership interest of a subsidiary, without a loss of control, is accounted for as an equity transaction. If the Group loses control over a subsidiary, it derecognizes the related assets (including goodwill), liabilities, any non-controlling interest and exchange fluctuation reserves; and recognizes the fair value of any investment retained and any resulting surplus or deficit in profit or loss. The Group’s share of components previously recognized in other comprehensive (loss)/income is reclassified to profit or loss or retained profits, as appropriate, on the same basis as would be required if the Group had directly disposed of the related assets or liabilities.
CHANGES IN ACCOUNTING POLICIES AND DISCLOSURES	CHANGES IN ACCOUNTING POLICIES AND DISCLOSURES The Group has adopted the following new and revised IFRSs for the first time for the current year’s financial statements. IFRS 17 Insurance Contracts Amendments to IAS 1 and IFRS Practice Statement 2 Disclosure of Accounting Policies Amendments to IAS 8 Definition of Accounting Estimates Amendments to IAS 12 Deferred Tax related to Assets and Liabilities arising from a Single Transaction Amendments to IAS 12 International Tax Reform – Pillar Two Model Rules Except for the below, the application of the above new or amendments to IFRSs has had no material impact on the Group’s financial performance and position for the current and prior periods and/or the disclosures set out in these consolidated financial statements. (a) Amendments to IAS 1 require entities to disclose their material accounting policy information rather than their significant accounting policies. Accounting policy information is material if, when considered together with other information included in an entity’s financial statements, it can reasonably be expected to influence decisions that the primary users of general purpose financial statements make on the basis of those financial statements. Amendments to IFRS Practice Statement 2 Making Materiality Judgements (b) Amendments to IAS 8 clarify the distinction between changes in accounting estimates and changes in accounting policies. Accounting estimates are defined as monetary amounts in financial statements that are subject to measurement uncertainty. The amendments also clarify how entities use measurement techniques and inputs to develop accounting estimates. Since the Group’s approach and policy align with the amendments, the amendments had no impact on the Group’s financial statements. (c) Amendments to IAS 12 Deferred Tax related to Assets and Liabilities arising from a Single Transaction Upon the application of the amendments, the Group has determined the temporary differences arising from right-of-use assets and lease liabilities separately, which have been reflected in the reconciliation disclosed in note 24 to the financial statements. However, they did not have any material impact on the overall deferred tax balances presented in the consolidated statement of financial position as the related deferred tax balances qualified for offsetting under IAS 12. (d) Amendments to IAS 12 International Tax Reform – Pillar Two Model Rules
ISSUED BUT NOT YET EFFECTIVE INTERNATIONAL FINANCIAL REPORTING STANDARDS	ISSUED BUT NOT YET EFFECTIVE INTERNATIONAL FINANCIAL REPORTING STANDARDS The Group has not applied the following new and revised IFRSs, that have been issued but are not yet effective, in these financial statements. Amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture 3 Amendments to IFRS 16 Lease Liability in a Sale and Leaseback 1 Amendments to IAS 1 Classification of Liabilities as Current or Non-current 1 Amendments to IAS 1 Non-current Liabilities with Covenants 1 Amendments to IAS 7 and IFRS 7 Supplier Finance Arrangements 1 Amendments to IAS 21 Lack of Exchangeability 2 1 Effective for annual periods beginning on or after January 1, 2024 2 Effective for annual periods beginning on or after January 1, 2025 3 No mandatory effective date yet determined but available for adoption Further information about those IFRSs that are expected to be applicable to the Group is described below. Amendments to IFRS 10 and IAS 28 address an inconsistency between the requirements in IFRS 10 and in IAS 28 in dealing with the sale or contribution of assets between an investor and its associate or joint venture. The amendments require a full recognition of a gain or loss resulting from a downstream transaction when the sale or contribution of assets constitutes a business. For a transaction involving assets that do not constitute a business, a gain or loss resulting from the transaction is recognized in the investor’s profit or loss only to the extent of the unrelated investor’s interest in that associate or joint venture. The amendments are to be applied prospectively and are not expected to have any significant impact on the Group’s financial statements. Amendments to IFRS 16 specify the requirements that a seller-lessee uses in measuring the lease liability arising in a sale and leaseback transaction to ensure the seller-lessee does not recognize any amount of the gain or loss that relates to the right of use it retains. The amendments are effective for annual periods beginning on or after January 1, 2024 and shall be applied retrospectively to sale and leaseback transactions entered into after the date of initial application of IFRS 16. Earlier application is permitted. The amendments are not expected to have any significant impact on the Group’s financial statements. The 2020 Amendments clarify the requirements for classifying liabilities as current or non-current, including what is meant by a right to defer settlement and that a right to defer must exist at the end of the reporting period. Classification of a liability is unaffected by the likelihood that the entity will exercise its right to defer settlement. The amendments also clarify that a liability can be settled in its own equity instruments, and that only if a conversion option in a convertible liability is itself accounted for as an equity instrument would the terms of a liability not impact its classification. The 2022 Amendments further clarify that, among covenants of a liability arising from a loan arrangement, only those with which an entity must comply on or before the reporting date affect the classification of that liability as current or non-current. Additional disclosures are required for non-current liabilities that are subject to the entity complying with future covenants within 12 months after the reporting period. The amendments shall be applied retrospectively with early application permitted. An entity that applies the 2020 Amendments early is required to apply simultaneously the 2022 Amendments, and vice versa. The Group is currently assessing the impact of the amendments and whether existing loan agreements may require revision. Based on a preliminary assessment, the amendments are not expected to have any significant impact on the Group’s financial statements. Amendments to IAS 7 and IFRS 7 clarify the characteristics of supplier finance arrangements and require additional disclosure of such arrangements. The disclosure requirements in the amendments are intended to assist users of financial statements in understanding the effects of supplier finance arrangements on an entity’s liabilities, cash flows and exposure to liquidity risk. Earlier application of the amendments is permitted. The amendments provide certain transition reliefs regarding comparative information, quantitative information as at the beginning of the annual reporting period and interim disclosures. The amendments are not expected to have any significant impact on the Group’s financial statements.
Goodwill	Goodwill Goodwill is initially measured at cost, being the excess of the aggregate of the consideration transferred, the amount recognized for non-controlling interests and any fair value of the Group’s previously held equity interests in the acquiree over the identifiable net assets acquired and liabilities assumed. If the sum of this consideration and other items is lower than the fair value of the net assets acquired, the difference is, after reassessment, recognized in profit or loss as a gain on bargain purchase. After initial recognition, goodwill is measured at cost less any accumulated impairment losses. Goodwill is tested for impairment annually or more frequently if events or changes in circumstances indicate that the carrying value may be impaired. The Group performs its annual impairment test of goodwill as at December 31. For the purpose of impairment testing, goodwill acquired in a business combination is, from the acquisition date, allocated to each of the Group’s cash-generating units, or groups of cash-generating units, that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the Group are assigned to those units or groups of units. Impairment is determined by assessing the recoverable amount of the cash-generating unit (group of cash-generating units) to which the goodwill relates. Where the recoverable amount of the cash-generating unit (group of cash-generating units) is less than the carrying amount, an impairment loss is recognized. An impairment loss recognized for goodwill is not reversed in a subsequent period.
Fair value measurement	Fair value measurement The Group measures its derivative financial instruments and warrant liabilities at fair value at the end of each reporting period. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either in the principal market for the asset or liability, or in the absence of a principal market, in the most advantageous market for the asset or liability. The principal or the most advantageous market must be accessible by the Group. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. A fair value measurement of a non-financial asset takes into account a market participant’s ability to generate economic benefits by using the asset in its highest and best use or by selling it to another market participant that would use the asset in its highest and best use. The Group uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorized within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole: Level 1 - based on quoted prices (unadjusted) in active markets for identical assets or liabilities Level 2 - based on valuation techniques for which the lowest level input that is significant to the fair value measurement is observable, either directly or indirectly Level 3 - based on valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable For assets and liabilities that are recognized in the financial statements on a recurring basis, the Group determines whether transfers have occurred between levels in the hierarchy by reassessing categorization (based on the lowest level input that is significant to the fair value measurement as a whole) at the end of each reporting period.
Impairment of non-financial assets	Impairment of non-financial assets Where an indication of impairment exists, or when annual impairment testing for an asset is required (other than financial assets), the asset’s recoverable amount is estimated. An asset’s recoverable amount is the higher of the asset’s or cash-generating unit’s value in use and its fair value less costs of disposal, and is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets, in which case the recoverable amount is determined for the cash-generating unit to which the asset belongs. An impairment loss is recognized only if the carrying amount of an asset exceeds its recoverable amount. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. An impairment loss is charged to profit or loss in the period in which it arises in those expense categories consistent with the function of the impaired asset. An assessment is made at the end of each reporting period as to whether there is an indication that previously recognized impairment losses may no longer exist or may have decreased. If such an indication exists, the recoverable amount is estimated. A previously recognized impairment loss of an asset is reversed only if there has been a change in the estimates used to determine the recoverable amount of that asset, but not to an amount higher than the carrying amount that would have been determined (net of any depreciation/amortization) had no impairment loss been recognized for the asset in prior years. A reversal of such an impairment loss is credited to profit or loss in the period in which it arises.
Related parties	Related parties A party is considered to be related to the Group if: (a) the party is a person or a close member of that person’s family and that person (i) has control or joint control over the Group; (ii) has significant influence over the Group; or (iii) is a member of the key management personnel of the Group or of a parent of the Group; or (b) the party is an entity where any of the following conditions applies: (i) the entity and the Group are members of the same group; (ii) one entity is an associate or joint venture of the other entity (or of a parent, subsidiary or fellow subsidiary of the other entity); (iii) the entity and the Group are joint ventures of the same third party; (iv) one entity is a joint venture of a third entity and the other entity is an associate of the third entity; (v) the entity is a post-employment benefit plan for the benefit of employees of either the Group or an entity related to the Group; (vi) the entity is controlled or jointly controlled by a person identified in (a); (vii) a person identified in (a)(i) has significant influence over the entity or is a member of the key management personnel of the entity (or of a parent of the entity); and (viii) the entity, or any member of a group of which it is a part, provides key management personnel services to the Group or to the parent of the Group.
Property and equipment and depreciation	Property and equipment and depreciation Property and equipment are stated at cost less accumulated depreciation and any impairment losses. The cost of an item of property and equipment comprises its purchase price and any directly attributable costs of bringing the asset to its working condition and location for its intended use. Expenditure incurred after items of property and equipment have been put into operation, such as repairs and maintenance, is normally charged to profit or loss in the period in which it is incurred. In situations where the recognition criteria are satisfied, the expenditure for a major inspection is capitalized in the carrying amount of the asset as a replacement. Where significant parts of property and equipment are required to be replaced at intervals, the Group recognizes such parts as individual assets with specific useful lives and depreciates them accordingly. Depreciation is calculated on the straight-line basis to write off the cost of each item of property and equipment to its residual value over its estimated useful life. The estimated useful lives used for this purpose are as follows: Leasehold improvements Over the shorter of the lease terms and 2 to 3 years Furniture, fixtures and office equipment 3 to 5 years Computer equipment 2 to 3 years Where parts of an item of property and equipment have different useful lives, the cost of that item is allocated on a reasonable basis among the parts and each part is depreciated separately. Residual values, useful lives and the depreciation method are reviewed, and adjusted if appropriate, at least at each financial year end. An item of property and equipment including any significant part initially recognized is derecognized upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss on disposal or retirement recognized in profit or loss in the year the asset is derecognized is the difference between the net sales proceeds and the carrying amount of the relevant asset.
Intangible assets	Intangible assets The useful lives of intangible assets are assessed to be either finite or indefinite. Intangible assets with finite lives are subsequently amortized over the useful economic life and assessed for impairment whenever there is an indication that the intangible asset may be impaired. The amortization period and the amortization method for an intangible asset with a finite useful life are reviewed at least at each financial year end. Computer software and other intangible assets are stated at cost less any impairment losses and are amortized on the straight-line basis over their estimated useful lives of 2 years and 10 years respectively. An intangible asset is derecognized upon disposal (i.e., at the date the recipient obtains control) or when no future economic benefits are expected from its use or disposal. Any gain or loss arising upon derecognition of the asset (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in the consolidated statement of loss and other comprehensive (loss)/income.
Development costs	Development costs The Group undertakes research and development activities and incurs corresponding expenditures with a view to improving its existing platforms. Expenditures on research activities, undertaken with the prospect of gaining new technical knowledge and understanding, is recognized in profit or loss as incurred. Expenditures on development activities, whereby research findings are applied to a plan or a design for substantially enhanced platform, are capitalized if the enhanced platform are technically and commercially feasible, the Group intends to complete and has sufficient resources to complete development, future economic benefits are probable and the Group can reliably measure the expenditures attributable to the intangible asset during its development. The expenditures capitalized includes contractor costs and direct labor costs. Capitalized development expenditures are stated at cost less any impairment losses and are amortized using the straight-line basis over three or five years, commencing from the date when the intangible asset is available for use. Other development costs that do not meet these criteria, as well as ongoing maintenance and costs associated with routine upgrades and enhancements are recognized as an expense as incurred. Subsequent expenditures on capitalized intangible assets are capitalized only when it increases the economic benefits embodied in the specific asset to which it relates. All other expenditures are expensed when incurred. When intangible assets under development are no longer useable or development is abandoned, they are written off to their recoverable amount of nil
Leases	Leases The Group assesses at contract inception whether a contract is, or contains, a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Group as a lessee The Group applies a single recognition and measurement approach for all leases, except for short-term leases and leases of low-value assets. The Group recognizes lease liabilities to make lease payments and right-of-use assets representing the right to use the underlying assets. (a) Right-of-use assets Right-of-use assets are recognized at the commencement date of the lease (that is the date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and any impairment losses, and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities recognized, initial direct costs incurred, and lease payments made at or before the commencement date less any lease incentives received. Right-of-use assets are depreciated on a straight-line basis over the lease terms. (b) Lease liabilities Lease liabilities are recognized at the commencement date of the lease at the present value of lease payments to be made over the lease term. The lease payments include fixed payments (including in-substance fixed payments) less any lease incentives receivable, variable lease payments that depend on an index or a rate, and amounts expected to be paid under residual value guarantees. The lease payments also include the exercise price of a purchase option reasonably certain to be exercised by the Group and payments of penalties for termination of a lease, if the lease term reflects the Group exercising the option to terminate. The variable lease payments that do not depend on an index or a rate are recognized as an expense in the period in which the event or condition that triggers the payment occurs. In calculating the present value of lease payments, the Group uses its incremental borrowing rate at the lease commencement date because the interest rate implicit in the lease is not readily determinable. After the commencement date, the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition, the carrying amount of lease liabilities is remeasured if there is a modification, a change in the lease term, a change in lease payments (e.g., a change to future lease payments resulting from a change in an index or rate) or a change in assessment of an option to purchase the underlying asset. (c) Short-term leases and leases of low-value assets The Group applies the short-term lease recognition exemption to its short-term leases (that is those leases that have a lease term of 12 months or less from the commencement date and do not contain a purchase option). It also applies the recognition exemption for leases of low-value assets to leases of office equipment and laptop computers that are considered to be of low value. Lease payments on short-term leases and leases of low-value assets are recognized as an expense on a straight-line basis over the lease term.
Investments and other financial assets	Investments and other financial assets Initial recognition and measurement Financial assets are classified, at initial recognition, as subsequently measured at amortized cost. The classification of financial assets at initial recognition depends on the financial asset’s contractual cash flow characteristics and the Group’s business model for managing them. With the exception of accounts receivable that do not contain a significant financing component or for which the Group has applied the practical expedient of not adjusting the effect of a significant financing component, the Group initially measures a financial asset at its fair value, plus in the case of a financial asset not at fair value through profit or loss, transaction costs. Accounts receivable that do not contain a significant financing component or for which the Group has applied the practical expedient are measured at the transaction price determined under IFRS 15 in accordance with the policies set out for “Revenue recognition” below. In order for a financial asset to be classified and measured at amortized cost, it needs to give rise to cash flows that are solely payments of principal and interest on the principal amount outstanding. The Group’s business model for managing financial assets refers to how it manages its financial assets in order to generate cash flows. The business model determines whether cash flows will result from collecting contractual cash flows, selling the financial assets, or both. Financial assets classified and measured at amortized cost are held within a business model with the objective to hold financial assets in order to collect contractual cash flows. Purchases or sales of financial assets that require delivery of assets within the period generally established by regulation or convention in the marketplace are recognized on the trade date, that is, the date that the Group commits to purchase or sell the asset. Subsequent measurement - Financial assets at amortized cost (debt instruments) Financial assets at amortized cost are subsequently measured using the effective interest method and are subject to impairment. Gains and losses are recognized in profit or loss when the asset is derecognized, modified or impaired.
Derecognition of financial assets	Derecognition of financial assets A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is primarily derecognized (i.e., removed from the Group’s consolidated statement of financial position) when: ● the rights to receive cash flows from the asset have expired; or ● the Group has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material delay to a third party under a “pass-through” arrangement; and either (a) the Group has transferred substantially all the risks and rewards of the asset, or (b) the Group has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset. When the Group has transferred its rights to receive cash flows from an asset or has entered a pass-through arrangement, it evaluates if, and to what extent, it has retained the risk and rewards of ownership of the asset. When it has neither transferred nor retained substantially all the risks and rewards of the asset nor transferred control of the asset, the Group continues to recognize the transferred asset to the extent of the Group’s continuing involvement. In that case, the Group also recognizes an associated liability. The transferred asset and the associated liability are measured on a basis that reflects the rights and obligations that the Group has retained. Continuing involvement that takes the form of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount of consideration that the Group could be required to repay.
Impairment of financial assets	Impairment of financial assets The Group recognizes an allowance for expected credit losses (“ECLs”) for all debt instruments not held at fair value through profit or loss. ECLs are based on the difference between the contractual cash flows due in accordance with the contract and all the cash flows that the Group expects to receive, discounted at an approximation of the original effective interest rate. The expected cash flows will include cash flows from the sale of collateral held or other credit enhancements that are integral to the contractual terms. General approach ECLs are recognized in two stages. For credit exposures for which there has not been a significant increase in credit risk since initial recognition, ECLs are provided for credit losses that result from default events that are possible within the next 12 months (a 12-month ECL). For those credit exposures for which there has been a significant increase in credit risk since initial recognition, a loss allowance is required for credit losses expected over the remaining life of the exposure, irrespective of the timing of the default (a lifetime ECL). At each reporting date, the Group assesses whether the credit risk on a financial instrument has increased significantly since initial recognition. When making the assessment, the Group compares the risk of a default occurring on the financial instrument as at the reporting date with the risk of a default occurring on the financial instrument as at the date of initial recognition and considers reasonable and supportable information that is available without undue cost or effort, including historical and forward-looking information. The Group considers that there has been a significant increase in credit risk when contractual payments are more than 30 days past due. The Group considers a financial asset in default when contractual payments are 90 days past due. However, in certain cases, the Group may also consider a financial asset to be in default when internal or external information indicates that the Group is unlikely to receive the outstanding contractual amounts in full before taking into account any credit enhancements held by the Group. A financial asset is written off when there is no reasonable expectation of recovering the contractual cash flows. Financial assets at amortized cost are subject to impairment under the general approach and they are classified within the following stages for measurement of ECLs except for accounts receivable which apply the simplified approach as detailed below. Stage 1 - Financial instruments for which credit risk has not increased significantly since initial recognition and for which the loss allowance is measured at an amount equal to 12-month ECLs Stage 2 - Financial instruments for which credit risk has increased significantly since initial recognition but that are not credit-impaired financial assets and for which the loss allowance is measured at an amount equal to lifetime ECLs Stage 3 - Financial assets that are credit-impaired at the reporting date (but that are not purchased or originated credit-impaired) and for which the loss allowance is measured at an amount equal to lifetime ECLs Simplified approach For accounts receivable that do not contain a significant financing component or when the Group applies the practical expedient of not adjusting the effect of a significant financing component, the Group applies the simplified approach in calculating ECLs. Under the simplified approach, the Group does not track changes in credit risk, but instead recognizes a loss allowance based on lifetime ECLs at each reporting date. The Group has established a provision matrix that is based on its historical credit loss experience, adjusted for forward-looking factors specific to the debtors and the economic environment.
Financial liabilities	Financial liabilities Initial recognition and measurement Financial liabilities of the Group are classified, at initial recognition, as financial liabilities at fair value through profit or loss, loans and borrowings and payables, as appropriate. All financial liabilities are recognized initially at fair value and, in the case of loans and borrowings and payables, net of directly attributable transaction costs. Subsequent measurement The subsequent measurement of financial liabilities depends on their classification as follows: Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss include financial liabilities held for trading and financial liabilities designated upon initial recognition as at fair value through profit or loss. Financial liabilities are classified as held for trading if they are incurred for the purpose of repurchasing in the near term. This category also includes derivative financial instruments entered into by the Group that are not designated as hedging instruments in hedge relationships as defined by IFRS 9. Separated embedded derivatives are also classified as held for trading unless they are designated as effective hedging instruments. Gains or losses on liabilities held for trading are recognized in profit or loss. The net fair value gain or loss recognized in profit or loss does not include any interest charged on these financial liabilities. Financial liabilities designated upon initial recognition as at fair value through profit or loss are designated at the initial date of recognition, and only if the criteria in IFRS 9 are satisfied. Gains or losses on liabilities designated at fair value through profit or loss are recognized in the profit or loss, except for the gains or losses arising from the Group’s own credit risk which are presented in other comprehensive (loss)/income with no subsequent reclassification to profit or loss. The net fair value gain or loss recognized in the profit or loss does not include any interest charged on these financial liabilities. Financial liabilities at amortized cost (trade and other payables, and loans and borrowings) After initial recognition, trade and other payables, and interest-bearing loans and borrowings are subsequently measured at amortized cost, using the effective interest rate method unless the effect of discounting would be immaterial, in which case they are stated at cost. Gains and losses are recognized in profit or loss when the liabilities are derecognized as well as through the effective interest rate amortization process. Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the effective interest rate. The effective interest rate amortization is included in profit or loss. Convertible loans The component of convertible loans that exhibits characteristics of a liability is recognized as a liability in the consolidated statement of financial position, net of transaction costs. On issuance of convertible loans, the fair value of the liability component is determined using a market rate for an equivalent non-convertible bond; and this amount is carried as a liability on the amortized cost basis until extinguished on conversion or redemption. The remainder of the proceeds is allocated to the conversion option that is recognized and included in shareholders’ equity, net of transaction costs. The carrying amount of the conversion option is not remeasured in subsequent years. Transaction costs are apportioned between the liability and equity components of the convertible loans based on the allocation of proceeds to the liability and equity components when the instruments are first recognized. If the conversion option of a convertible loan exhibits characteristics of an embedded derivative, on initial recognition, the derivative component of the convertible loan is bifurcated at fair value and presented as other derivative financial instruments and is subsequently measured at fair value through profit or loss. The financial liability host instrument is initially measured based on the residual of the excess of proceeds over the amount initially recognized as the embedded derivative. The financial liability host instrument is carried at amortized cost. Transaction costs for convertible loans with embedded derivatives are allocated to the liability component of the convertible loans.
Derecognition of financial liabilities	Derecognition of financial liabilities A financial liability is derecognized when the obligation under the liability is discharged or cancelled, or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as a derecognition of the original liability and a recognition of a new liability, and the difference between the respective carrying amounts is recognized in profit or loss.
Offsetting of financial instruments	Offsetting of financial instruments Financial assets and financial liabilities are offset and the net amount is reported in the statement of financial position if there is a currently enforceable legal right to offset the recognized amounts and there is an intention to settle on a net basis, or to realize the assets and settle the liabilities simultaneously.
Warrant liabilities	Warrant liabilities Bridgetown Warrants which were exchanged for warrants of the Company are classified as liabilities. They are initially recognized at fair value on the date of exchange and are subsequently carried at fair value. Changes in fair value are recognized in the consolidated statements of loss and other comprehensive (loss)/income as “Other income/(expense)”. Where the terms of a financial liability are renegotiated and the entity issues equity instruments to a creditor to extinguish all or part of the liability (debt for equity swap), a gain or loss is recognized in profit or loss, which is measured as the difference between the carrying amount of the financial liability and the fair value of the equity instruments issued.
Warrant reserve	Warrant reserve Before the Capital Reorganization, CGCL Warrants were derivatives classified as liabilities and initially recognized at fair value, and were subsequently remeasured until the date the CGCL Warrants were exchanged for the Company’s warrants. As the Company’s warrants will be settled by exchanging a fixed amount of cash for a fixed number of the Company’s equity instruments, these warrants are classified as equity after the Capital Reorganization. Incremental costs directly attributable to the issuance of new warrants are deducted against the warrant reserve account. Expired warrants are reclassified from warrant reserve to accumulated losses under equity.
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents comprise cash on hand and demand deposits, and short term highly liquid investments that are readily convertible into known amounts of cash, are subject to an insignificant risk of changes in value, and have a maturity of within three months when acquired, less bank overdrafts which are repayable on demand and form an integral part of the Group’s cash management.
Provisions	Provisions A provision is recognized when a present obligation (legal or constructive) has arisen as a result of a past event and it is probable that a future outflow of resources will be required to settle the obligation, provided that a reliable estimate can be made of the amount of the obligation. When the effect of discounting is material, the amount recognized for a provision is the present value at the end of the reporting period of the future expenditures expected to be required to settle the obligation. The increase in the discounted present value amount arising from the passage of time is included in profit or loss.
Income tax	Income tax Income tax comprises current and deferred tax. Income tax relating to items recognized outside profit or loss is recognized either in other comprehensive (loss)/income or directly in equity. Current tax assets and liabilities are measured at the amount expected to be recovered from or paid to the taxation authorities, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period, taking into consideration interpretations and practices prevailing in the countries in which the Group operates. Deferred tax is provided, using the liability method, on all temporary differences at the end of the reporting period between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes. Deferred tax liabilities are recognized for all taxable temporary differences, except: ● when the deferred tax liability arises from the initial recognition of goodwill or an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither the accounting profit nor taxable profit or loss and does not give rise to equal taxable and deductible temporary differences; and ● in respect of taxable temporary differences associated with investments in subsidiaries, associates and joint ventures, when the timing of the reversal of the temporary differences can be controlled and it is probable that the temporary differences will not reverse in the foreseeable future. Deferred tax assets are recognized for all deductible temporary differences, and the carryforward of unused tax credits and any unused tax losses. Deferred tax assets are recognized to the extent that it is probable that taxable profit will be available against which the deductible temporary differences, the carryforward of unused tax credits and unused tax losses can be utilized, except: ● when the deferred tax asset relating to the deductible temporary differences arises from the initial recognition of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither the accounting profit nor taxable profit or loss and does not give rise to equal taxable and deductible temporary differences; and ● in respect of deductible temporary differences associated with investments in subsidiaries, associates and joint ventures, deferred tax assets are only recognized to the extent that it is probable that the temporary differences will reverse in the foreseeable future and taxable profit will be available against which the temporary differences can be utilized. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profit will be available to allow all or part of the deferred tax asset to be utilized. Unrecognized deferred tax assets are reassessed at the end of each reporting period and are recognized to the extent that it has become probable that sufficient taxable profit will be available to allow all or part of the deferred tax asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply to the period when the asset is realized or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax assets and deferred tax liabilities are offset if and only if the Group has a legally enforceable right to set off current tax assets and current tax liabilities and the deferred tax assets and deferred tax liabilities relate to income taxes levied by the same taxation authority on either the same taxable entity or different taxable entities which intend either to settle current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously, in each future period in which significant amounts of deferred tax liabilities or assets are expected to be settled or recovered.
Revenue recognition	Revenue recognition Revenue from contracts with customers Revenue from contracts with customers is recognized when control of goods or services is transferred to the customers at an amount that reflects the consideration to which the Group expects to be entitled in exchange for those goods or services. Revenue excludes any amounts collected on behalf of third parties, including sales taxes and indirect taxes. When the consideration in a contract includes a variable amount, the amount of consideration is estimated to which the Group will be entitled in exchange for transferring the goods or services to the customer. The variable consideration is estimated at contract inception and constrained until it is highly probable that a significant revenue reversal in the amount of cumulative revenue recognized will not occur when the associated uncertainty with the variable consideration is subsequently resolved. (a) Internet leads generation and marketing service income The Group generates fees from financial institution customers for its integrated marketing services which generate leads for the financial institutions from users comparing credit cards, personal loans, mortgages, medical insurance, travel insurance, car insurance and other financial products through the Group’s comparison platforms. Revenue is recognized over time as the services are provided to the customer. Users are considered to be the financial institution’s customers and cash incentives provided to the users are accounted for as consideration payable to the customers and recorded as a reduction of revenue at the later of: (i) when revenue is recognized or (ii) when the Group pays or promises to pay the consideration. Reward fulfilment costs such as gifts, third-party vouchers and gift cards provided to the users are recorded as cost of revenues. (b) Insurance commission income The Group provides insurance brokerage services from which it earns commission income from insurance companies. Insurance commission income is recognized at a point in time when the related insurance policy is issued by the insurance company to the policyholder. Discounts provided to the users are accounted for as consideration payable to the customers and recorded as a reduction of revenue at the later of: (i) when revenue is recognized or (ii) when the Group pays or promises to pay the consideration. (c) Marketing income The Group provides marketing services from which it earns service income. Marketing income is recognized over time because the customer simultaneously receives and consumes the benefits provided by the Group. (d) Events income The Group provides sponsorship and related services associated with exhibition and conference events. Events income is recognized over time when the event takes place. Other income Interest income is recognized on an accrual basis using the effective interest method by applying the rate that exactly discounts the estimated future cash receipts over the expected life of the financial instrument or a shorter period, when appropriate, to the net carrying amount of the financial asset.
Contract assets	Contract assets If the Group performs by transferring goods or services to a customer before being unconditionally entitled to the consideration under the contact terms, a contract asset is recognized for the earned consideration that is conditional. Contract assets are subject to impairment assessment, details of which are included in the accounting policies for impairment of financial assets. They are reclassified to trade receivables when the right to the consideration becomes unconditional.
Contract liabilities	Contract liabilities A contract liability is recognized when a payment is received or a payment is due (whichever is earlier) from a customer before the Group transfers the related goods or services. If a customer pays the consideration before the Group transfers goods or services to the customer, a contract liability is recognized when the payment is made, or the payment is due (whichever is earlier). Contract liabilities are recognized as revenue when the Group performs under the contract (i.e., transfers control of the related goods or services to the customer).
Employee benefits	Employee benefits The Company operates certain share-based payment arrangements for the purpose of providing incentives and rewards to eligible participants who contribute to the success of the Group’s operations. Equity-settled transactions Certain employees of the Group receive remuneration in the form of share-based payments, whereby employees render services as consideration for equity instruments (“equity-settled transactions”). The cost of equity-settled transactions with employees is measured by reference to the fair value at the date at which they are granted. The fair value is determined using a binomial model, further details of which are given in note 26 to the financial statements. The cost of equity-settled transactions is recognized in employee benefit expense, together with a corresponding increase in equity, over the period in which the performance and/or service conditions are fulfilled. The cumulative expense recognized for equity-settled transactions at the end of each reporting period until the vesting date reflects the extent to which the vesting period has expired and the Group’s best estimate of the number of equity instruments that will ultimately vest. The charge or credit to profit or loss for a period represents the movement in the cumulative expense recognized as at the beginning and end of that period. Market performance conditions are taken into account when determining the grant date fair value of awards. Service and non-market performance conditions are not taken into account when determining the grant date fair value of awards, but the likelihood of the conditions being met is assessed as part of the Group’s best estimate of the number of equity instruments that will ultimately vest. For awards that do not ultimately vest because non-market performance and/or service conditions have not been met, no expense is recognized. Where the terms of an equity-settled award are modified, at a minimum, an expense is recognized as if the terms had not been modified, if the original terms of the award are met. In addition, an expense is recognized for any modification that increases the total fair value of the share-based payments or is otherwise beneficial to the employee as measured at the date of modification. Where an equity-settled award is cancelled, it is treated as if it had vested on the date of cancellation, and any expense not yet recognized for the award is recognized immediately. This includes any award where non-vesting conditions within the control of either the Group or the employee are not met. However, if a new award is substituted for the cancelled award, and is designated as a replacement award on the date that it is granted, the cancelled and new awards are treated as if they were a modification of the original cancelled award, as described in the previous paragraph. Other long-term employee benefits Certain employees of the Group receive remuneration as part of the Group’s Value Creation Plan, whereby employees render services as consideration for an award based on the enterprise value of the Company and its subsidiaries, as determined by the board of directors of the Company. The Group accounts for such transactions as long-term bonuses in its consolidated financial statements. A liability is recognized based on (i) the enterprise value of the Company and its subsidiaries; and (ii) the Group’s best estimate of the number of awards that will ultimately vest at each reporting period and up to and including the settlement date with the corresponding expense recognized in profit or loss. Pension schemes The Group operates certain defined contribution schemes (the “Pension Schemes”) under the laws/requirements of respective jurisdictions for those employees who are eligible to participate in the Pension Schemes. Contributions are made generally based on a percentage of the employees’ basic salaries and are charged to profit or loss as they become payable in accordance with the rules of the Pension Schemes. The assets of the Pension Schemes are held separately from those of the Group in respective independently administered funds. The Group’s employer contributions vest fully with the employees when contributed into the Pension Schemes. Defined benefit schemes Employees in certain jurisdictions are eligible for long service payments in the event their employment is terminated. These payments are typically determined as a percentage of current salary based on the number of years of employment. The cost of providing benefits under these provisions is determined using the projected unit credit actuarial valuation method. Defined benefit costs comprise the following: - Service cost - Net interest on the net defined benefit liability; and - Re-measurements of the net defined benefit liability Service costs which include current service costs, past service costs and gains or losses on non-routine settlements are recognized as expense in profit or loss. Past service costs are recognized when plan amendment or curtailment occurs. Net interest on the net defined benefit liability is the change during the period in the net defined benefit liability that arises from the passage of time, which is determined by applying the discount rate to the net defined benefit liability. Net interest on the net defined liability is recognized as expense or income in profit or loss. Remeasurement of the net defined benefit liability comprise actuarial gains and losses are recognized immediately in other comprehensive (loss)/income in the period in which they arise. Remeasurements are recognized in accumulated losses within equity and are not reclassified to profit or loss in subsequent periods.
Foreign currencies	Foreign currencies These financial statements are presented in US$, which is the Company’s functional currency. Each entity in the Group determines its own functional currency and items included in the financial statements of each entity are measured using that functional currency. Foreign currency transactions recorded by the entities in the Group are initially recorded using their respective functional currency rates prevailing at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated at the functional currency rates of exchange ruling at the end of the reporting period. Differences arising on settlement or translation of monetary items are recognized in profit or loss. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates at the dates of the initial transactions. Non-monetary items measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was measured. The gain or loss arising on translation of a non-monetary item measured at fair value is treated in line with the recognition of the gain or loss on change in fair value of the item (i.e. translation difference on the item whose fair value gain or loss is recognized in other comprehensive (loss)/income or profit or loss is also recognized in other comprehensive (loss)/income or profit or loss, respectively). In determining the exchange rate on initial recognition of the related asset, expense or income on the derecognition of a non-monetary asset or non-monetary liability relating to an advance consideration, the date of initial transaction is the date on which the Group initially recognizes the non-monetary asset or non-monetary liability arising from the advance consideration. If there are multiple payments or receipts in advance, the Group determines the transaction date for each payment or receipt of the advance consideration. The functional currencies of certain overseas subsidiaries are currencies other than the US$. As at the end of the reporting period, the assets and liabilities of these entities are translated into US$ at the exchange rates prevailing at the end of the reporting period and their profit or loss are translated into US$ at the exchange rates that approximate to those prevailing at the dates of the transactions. The resulting exchange differences are recognized in other comprehensive (loss)/income and accumulated in the exchange fluctuation reserve. On disposal of a foreign operation, the cumulative amount in the reserve relating to that particular foreign operation is recognized in profit or loss. For the purpose of the consolidated statement of cash flows, the cash flows of overseas subsidiaries are translated into US$ at the exchange rates ruling at the dates of the cash flows. Frequently recurring cash flows of overseas subsidiaries which arise throughout the year are translated into US$ at the weighted average exchange rates for the year.
Government grants	Government grants Government grants are recognized at their fair value where there is reasonable assurance that the grant will be received and all attached conditions will be complied with. When the grant relates to an expense item, it is recognized as income on a systematic basis over the periods that the related costs, for which it is intended to compensate, are expensed; or the grant is offset directly against the expense item it relates to. When the grant relates to an asset, it is recognized as income in equal amounts over the expected useful life of the related asset.
Comparative figures	Comparative figures Certain comparative figures have been reclassified to conform to the current year presentation.

Corporate and Group Informati_2

Corporate and Group Information (Tables)	12 Months Ended
	Dec. 31, 2023
Corporate and Group Information [Abstract]
Schedule of Company’s Subsidiaries	Particulars of the Company’s principal subsidiaries as at the date of this financial statements are as follows: Percentage of equity Place of attributable to incorporation Issued the Company Principal Name and business share capital Direct Indirect activities CompareAsia Group Capital Limited Cayman Islands US$0.01 100 - Investment holding CompareAsia Group Limited Hong Kong HK$1 - 100 Investment holding and management services to group companies CAG Regional Limited Hong Kong HK$1 - 100 Provision of management and administrative services to group companies Percentage of equity Place of attributable to incorporation Issued the Company Principal Name and business share capital Direct Indirect activities CAG Regional Singapore Pte. Ltd Singapore SGD2,059,066 - 100 Provision of information technology support and management services to group companies Compargo Malaysia Sdn. Bhd. Malaysia MYR500,000 - 100 Provision of financial comparison services via online platform Ekos Limited Hong Kong HK$1 - 100 Provision of business administration, software and technology services Ekos Inc. Philippines PHP10,000,000 - 100 Provision of business administration, software and technology services Ekos Pte. Ltd. Singapore SGD1 - 100 Provision of business administration, software and technology services Percentage of equity Place of attributable to incorporation Issued the Company Principal Name and business share capital Direct Indirect activities MoneyGuru Philippines Corporation Philippines PHP9,200,000 - 100 Provision of financial comparison services via online platform MoneyHero Insurance Brokerage, Inc. Philippines PHP40,000,000 - 100 Provision of insurance brokerage services MoneyHero Insurance Brokers Limited Hong Kong HK$17,400,000 - 100 Provision of insurance brokerage services MoneyHero Global Limited Hong Kong HK$4,085,155 - 100 Provision of financial comparison services via online platform Singsaver Insurance Brokers Pte. Ltd. Singapore SGD1,060,001 - 100 Provision of insurance brokerage services Singsaver Pte. Ltd. Singapore SGD100,000 - 100 Provision of financial comparison services via online platform Percentage of equity Place of attributable to incorporation Issued the Company Principal Name and business share capital Direct Indirect activities Seedly Pte. Ltd Singapore SGD2,950,181 - 100 An online platform specializing in personal finance community and product comparison 理財一零一有限公司 (Money101 Limited*) Taiwan TWD5,000,000 - 100 Provision of financial comparison services via online platform * English translation for identification purpose only

Operating Segment Information (

Operating Segment Information (Tables)	12 Months Ended
	Dec. 31, 2023
Operating Segment Information [Abstract]
Schedule of Management Monitors the Results of the Groups Operating Segments	Segment performance is evaluated based on reportable segment results which is a measure of operating loss before tax. Hong Kong Singapore Philippines Taiwan Malaysia Other Asia Unallocated Total US$ US$ US$ US$ US$ US$ US$ US$ Year ended December 31, 2023 Segment revenue Sales to external customers 26,947,177 32,069,713 14,169,389 6,742,747 738,053 4,002 - 80,671,081 Segment profit/(loss) 680,500 (1,579,640 ) 768,659 (826,446 ) (485,596 ) (105,546 ) (5,216,442 ) (6,764,511 ) Reconciliation: Interest income 872,503 Finance costs (19,028,007 ) Depreciation and amortization (7,164,677 ) Impairment of intangible assets (3,105,507 ) Equity-settled share option expense (6,629,044 ) Other long-term employee benefits expense (109,702 ) Changes in fair value of financial instruments (57,333,432 ) Share-based payment on listing (67,027,178 ) Transaction expenses (6,643,367 ) Other equity-settled transactions (500,000 ) Unrealized foreign exchange differences, net 895,392 Loss before tax (172,537,530 ) Hong Kong Singapore Philippines Taiwan Malaysia Other Asia Unallocated Total US$ US$ US$ US$ US$ US$ US$ US$ Year ended December 31, 2022 Segment revenue Sales to external customers 22,247,140 23,467,954 9,857,822 11,027,139 1,282,194 250,007 - 68,132,256 Segment loss (283,904 ) (2,035,946 ) (1,327,478 ) (1,160,908 ) (1,877,997 ) (1,353,876 ) (8,541,112 ) (16,581,221 ) Reconciliation: Interest income 28,043 Finance costs (7,800,597 ) Depreciation and amortization (4,788,750 ) Impairment of goodwill (4,382,926 ) Impairment of intangible assets (1,450,781 ) Equity-settled share option expense (14,430,835 ) Other long-term employee benefits credit 4,951,482 Changes in fair value of financial instruments (1,101,484 ) Gain on derecognition of convertible loans and bridge loan 135,031 Other equity-settled transactions (882,115 ) Unrealized foreign exchange differences, net (3,389,441 ) Loss before tax (49,693,594 ) Hong Kong Singapore Philippines Taiwan Malaysia Other Asia Unallocated Total US$ US$ US$ US$ US$ US$ US$ US$ Year ended December 31, 2021 Segment revenue Sales to external customers 18,189,703 22,838,695 6,051,517 13,401,188 1,270,665 130,713 - 61,882,481 Segment loss (202,027 ) (1,359,574 ) (1,050,578 ) (264,321 ) (1,764,853 ) (1,595,476 ) (7,106,805 ) (13,343,634 ) Reconciliation: Interest income 14,734 Finance costs (1,702,457 ) Depreciation and amortization (3,900,348 ) Equity-settled share option expense (9,352,862 ) Other long-term employee benefits credit 240,028 Changes in fair value of financial instruments (178,859 ) Unrealized foreign exchange differences, net (2,746,780 ) Loss before tax (30,970,178 )

Revenue and Other Income (Table

Revenue and Other Income (Tables)	12 Months Ended
	Dec. 31, 2023
Revenue and Other Income [Abstract]
Schedule of Analysis of Revenue	An analysis of revenue is as follows: 2023 2022 2021 US$ US$ US$ Revenue from contracts with customers Internet leads generation and marketing service income 75,794,855 64,930,368 59,301,412 Insurance commission income 3,362,745 1,665,997 907,338 Marketing income 1,026,223 1,079,027 1,355,760 Events income 487,258 456,864 317,971 80,671,081 68,132,256 61,882,481
Schedule of Disaggregated Revenue Information	Disaggregated revenue information 2023 2022 2021 US$ US$ US$ Geographical markets Hong Kong 26,947,177 22,247,140 18,189,703 Singapore 32,069,713 23,467,954 22,838,695 Philippines 14,169,389 9,857,822 6,051,517 Taiwan 6,742,747 11,027,139 13,401,188 Malaysia 738,053 1,282,194 1,270,665 Other Asia 4,002 250,007 130,713 Total revenue from contracts with customers 80,671,081 68,132,256 61,882,481 Timing of revenue recognition At a point in time 3,362,745 1,665,997 907,338 Over time 77,308,336 66,466,259 60,975,143 Total revenue from contracts with customers 80,671,081 68,132,256 61,882,481 By vertical Credit cards 60,257,595 49,430,329 46,658,459 Personal loans and mortgages 10,166,389 9,718,621 7,924,050 Insurance 5,853,092 2,661,822 1,228,525 Other verticals 4,394,005 6,321,484 6,071,447 Total revenue from contracts with customers 80,671,081 68,132,256 61,882,481
Schedule of Revenue from Customers	Revenue from customers, which individually contributed over 10% of the total revenue of the Group during the year is as follows: 2023 2022 2021 US$ US$ US$ Customer A 17,713,000 33,260,000 36,541,000 Customer B 11,801,000 N/A* N/A* Customer C 9,614,000 N/A* 7,567,000 * The customers generated less than 10% of the total revenue of the Group during the year.
Schedule of Analysis of Other Income	An analysis of other income is as follows: 2023 2022 2021 US$ US$ US$ Other income Bank interest income 859,454 15,905 5,207 Interest income on refundable rental deposit 13,049 12,138 9,527 Government grants - - 108,369 Gain on disposal of items of property and equipment, net 3,690 4,539 542 Gain on derecognition of convertible loan and bridge loan - 135,031 - Others 1,321 13,896 17,080 877,514 181,509 140,725

Loss Before Tax (Tables)

Loss Before Tax (Tables)	12 Months Ended
	Dec. 31, 2023
Loss Before Tax [Abstract]
Schedule of Loss Before Tax	The Group’s loss before tax is arrived at after charging/(crediting): Notes 2023 2022 2021 US$ US$ US$ Amortization of intangible assets (other than development costs) 11 - 187,198 192,028 Amortization of development costs 11 6,202,250 3,401,957 2,588,320 Depreciation of property and equipment 12 218,471 328,438 335,971 Depreciation of right-of-use assets 13(a) 743,956 871,157 784,029 Employee benefit expense: Salaries, allowances and other benefits 18,392,916 26,805,750 22,792,357 Equity-settled share option expense 6,629,044 14,430,835 9,352,862 Other long-term employee benefits expense/(credit) 109,702 (4,951,482 ) (240,028 ) Pension scheme contributions 1,179,399 1,419,470 1,176,767 Retirement benefits expense 56,672 75,376 156,279 Less: Amount capitalized (1,357,537 ) (2,756,415 ) (3,260,037 ) Government grant recognized* (78,703 ) (733,655 ) (424,479 ) 24,931,493 34,289,879 29,553,721 Lease payments not included in measurement of lease liabilities (included in general, administrative and other operating expenses) 13(c) 42,931 157,264 330,400 Provision for expected credit losses 14 3,757 - 53,558 Impairment of goodwill (included in general, administrative and other operating expenses) 10 - 4,382,926 - Impairment of intangible assets (included in general, administrative and other operating expenses) 11 3,105,507 1,450,781 - Changes in fair value of other derivative financial instruments (included in other income/expenses) 20, 21 9,536,904 1,139,938 178,859 Changes in fair value of warrant liabilities 22 47,796,528 (38,454 ) - Other equity-settled transactions (included in general, administrative and other operating expenses) 26 500,000 882,115 - Gain on disposal of items of property and equipment, net (included in other income/expenses) (3,690 ) (4,539 ) (542 ) Gain on derecognition of convertible loans and bridge loan (included in other income/expenses) - (135,031 ) - Reversal of provision for expected credit losses 14 (1,558 ) (14,242 ) (26,898 ) Foreign exchange differences, net (656,605 ) 4,051,710 2,953,299 * Various government grants have been received for employment support schemes in related to covid-19 and other job support schemes.

Finance Costs (Tables)

Finance Costs (Tables)	12 Months Ended
	Dec. 31, 2023
Finance Costs [Abstract]
Schedule of Finance Costs	An analysis of finance costs is as follows: Notes 2023 2022 2021 US$ US$ US$ Finance costs on convertible loans 20 - 2,894,050 715,029 Finance costs on loan notes 21 18,975,635 786,058 - Finance costs on lease liabilities 13(c) 48,363 42,130 48,171 Finance costs on bridge loans 21 - 4,074,175 936,937 Increase in discounted amounts of provisions arising from the passage of time 23 4,009 4,184 2,320 19,028,007 7,800,597 1,702,457

Key Management Personnel Comp_2

Key Management Personnel Compensation (Tables)	12 Months Ended
	Dec. 31, 2023
Key Management Personnel Compensation [Abstract]
Schedule of Compensation to Key Management Personnel of the Group	The compensation to key management personnel of the Group is as follows: 2023 2022 2021 US$ US$ US$ Salaries, allowances and other benefits 1,384,247 1,761,735 2,321,434 Equity-settled share option expense 4,869,487 14,430,835 9,352,862 Reversal of other long-term employee benefits (69,207 ) (1,525,014 ) - Pension scheme contributions 19,189 16,226 21,687 6,203,716 14,683,782 11,695,983

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax [Abstract]
Schedule of Tax on Losses	Tax on losses have been calculated at the rates of tax prevailing in the countries/jurisdictions in which the Group operates. 2023 2022 2021 US$ US$ US$ Current Charge for the year 64,343 28,516 26,647 Overprovision in prior years - - (26,778 ) Deferred (note 24) (1,360 ) (280,295 ) (38,042 ) Income tax expense/(credit) for the year 62,983 (251,779 ) (38,173 )
Schedule of Loss Before Tax at the Statutory Tax Rate	A reconciliation of the tax expense/(credit) applicable to loss before tax at the statutory tax rate for the countries/jurisdictions in which the Group’s operations are domiciled to the tax credit at the Group’s effective tax rate is as follows: 2023 2022 2021 US$ US$ US$ Loss before tax (172,537,530 ) (49,693,594 ) (30,970,178 ) Tax credit at the domestic rates applicable to losses in the countries/jurisdictions where the Group operates (3,809,856 ) (7,164,497 ) (5,220,261 ) Income not subject to tax (180,380 ) (134,867 ) (13,785 ) Expenses not deductible for tax 1,511,627 4,606,490 2,883,631 Adjustments in respect of current tax of previous periods - - (26,778 ) Tax losses and deductible temporary differences not recognized 2,771,027 2,448,213 2,453,971 Tax losses and deductible temporary differences utilized from previous periods (282,239 ) (4,352 ) (118,103 ) Others 52,804 (2,766 ) 3,152 Income tax expense/(credit) at the Group’s effective tax rate 62,983 (251,779 ) (38,173 )

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill [Abstract]
Schedule of Goodwill	US$ At January 1, 2022 4,343,954 Impairment during the year ended December 31, 2022 (4,382,926 ) Exchange realignment 38,972 Cost and carrying amount at December 31, 2022 and 2023 -

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Intangible Assets [Abstract]
Schedule of Intangible Assets	Development Other costs intangibles Total US$ US$ US$ Cost At January 1, 2022 17,455,922 1,906,780 19,362,702 Additions 4,734,550 - 4,734,550 Impairment during the year - (1,871,976 ) (1,871,976 ) Exchange realignment 302,050 (34,804 ) 267,246 At December 31, 2022 and January 1, 2023 22,492,522 - 22,492,522 Additions 2,097,621 - 2,097,621 Impairment during the year (3,105,507 ) - (3,105,507 ) Exchange realignment 335,329 - 335,329 At December 31, 2023 21,819,965 - 21,819,965 Accumulated amortization At January 1, 2022 4,546,452 237,593 4,784,045 Amortization provided during the year 3,401,957 187,198 3,589,155 Impairment during the year - (421,195 ) (421,195 ) Exchange realignment 137,441 (3,596 ) 133,845 At December 31, 2022 and January 1, 2023 8,085,850 - 8,085,850 Amortization provided during the year 6,202,250 - 6,202,250 Exchange realignment 237,782 - 237,782 At December 31, 2023 14,525,882 - 14,525,882 Net carrying amount At December 31, 2023 7,294,083 - 7,294,083 At December 31, 2022 14,406,672 - 14,406,672

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2023
Property and Equipment [Abstract]
Schedule of Property and Equipment	Furniture, fixtures Leasehold and office Computer improvements equipment equipment Total US$ US$ US$ US$ Cost At January 1, 2022 353,460 241,858 841,691 1,437,009 Additions 20,162 20,127 214,636 254,925 Disposals/write-off (87,457 ) (57,446 ) (18,262 ) (163,165 ) Exchange realignment (11,623 ) (8,900 ) (22,149 ) (42,672 ) At December 31, 2022 and January 1, 2023 274,542 195,639 1,015,916 1,486,097 Additions 23,989 9,776 83,572 117,337 Disposals/write-off (125,223 ) (29,478 ) (53,990 ) (208,691 ) Exchange realignment (707 ) (234 ) 6,926 5,985 At December 31, 2023 172,601 175,703 1,052,424 1,400,728 Accumulated depreciation At January 1, 2022 278,289 199,868 575,576 1,053,733 Depreciation provided during the year 71,831 22,511 234,096 328,438 Disposals/write-off (87,218 ) (55,236 ) (16,248 ) (158,702 ) Exchange realignment (8,750 ) (8,449 ) (13,786 ) (30,985 ) At December 31, 2022 and January 1, 2023 254,152 158,694 779,638 1,192,484 Depreciation provided during the year 9,068 20,703 188,700 218,471 Disposals/write-off (126,724 ) (29,299 ) (50,254 ) (206,277 ) Exchange realignment (1,044 ) (627 ) 7,232 5,561 At December 31, 2023 135,452 149,471 925,316 1,210,239 Net carrying amount At December 31, 2023 37,149 26,232 127,108 190,489 At December 31, 2022 20,390 36,945 236,278 293,613

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Schedule of Carrying Amount of Right-of-Use Assets	The carrying amount of the Group’s right-of-use assets and the movements during the year is as follows: Office Office premises equipment Total US$ US$ US$ At January 1, 2022 449,044 7,626 456,670 Additions 1,320,921 - 1,320,921 Remeasurement on lease modifications (128,756 ) - (128,756 ) Depreciation charge (866,094 ) (5,063 ) (871,157 ) Exchange realignment 761 (25 ) 736 At December 31, 2022 and January 1, 2023 775,876 2,538 778,414 Additions 412,276 7,118 419,394 Remeasurement on lease modifications 134,429 - 134,429 Depreciation charge (740,950 ) (3,006 ) (743,956 ) Exchange realignment 1,447 (7 ) 1,440 At December 31, 2023 583,078 6,643 589,721
Schedule of Carrying Amount	The carrying amount of lease liabilities and the movements during the year are as follows: 2023 2022 US$ US$ Carrying amount at January 1 785,687 486,678 New leases 416,451 1,237,069 Remeasurement on lease modifications 133,171 (64,390 ) Accretion of interest recognized during the year 48,363 42,130 Payments (779,271 ) (915,438 ) Exchange realignment 1,660 (362 ) Carrying amount at December 31 606,061 785,687 Analyzed into: Current portion 574,630 492,735 Non-current portion 31,431 292,952
Schedule of Profit or Loss	The amounts recognized in profit or loss in relation to leases are as follows: 2023 2022 2021 US$ US$ US Interest on lease liabilities 48,363 42,130 48,171 Depreciation charge of right-of-use assets 743,956 871,157 784,029 Expense relating to short-term leases 42,931 157,264 330,400 Loss on lease modifications - 65,406 - Total amount recognized in profit or loss 835,250 1,135,957 1,162,600

Accounts Receivable (Tables)

Accounts Receivable (Tables)	12 Months Ended
	Dec. 31, 2023
Accounts Receivable [Abstract]
Schedule of Accounts Receivable	2023 2022 US$ US Accounts receivable 17,346,035 9,807,667 Allowance for expected credit losses (109,651 ) (123,632 ) Net carrying amount 17,236,384 9,684,035
Schedule of Movements in the Allowance for Expected Credit Losses	The movements in the allowance for expected credit losses are as follows: 2023 2022 US$ US At January 1 123,632 147,800 Provision for expected credit losses 3,757 - Reversals (1,558 ) (14,242 ) Write off (16,716 ) - Exchange realignment 536 (9,926 ) At December 31 109,651 123,632
Schedule of Information About the Credit Risk Exposure on the Group’s Accounts Receivable using a Provision Matrix	Set out below is the information about the credit risk exposure on the Group’s accounts receivable using a provision matrix: Expected Gross Expected credit carrying credit loss rate amount loss % US$ US$ As at December 31, 2023 Current to 6 months past due 0.02 % 16,889,341 3,606 Over 6 months past due 23.22 % 456,694 106,045 0.63 % 17,346,035 109,651 As at December 31, 2022 Current to 6 months past due 0.01 % 9,563,470 617 Over 6 months past due 50.38 % 244,197 123,015 1.26 % 9,807,667 123,632

Contract Assets (Tables)

Contract Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Contract Assets [Abstract]
Schedule of Contract Assets	December 31, December 31, January 1, 2023 2022 2022 US$ US$ US$ Contract assets arising from: Internet leads generation and marketing service income 15,997,795 11,082,660 8,181,444 Marketing and events income 27,174 57,449 424,628 16,024,969 11,140,109 8,606,072

Prepayments, Deposits and Oth_2

Prepayments, Deposits and Other Receivables (Tables)	12 Months Ended
	Dec. 31, 2023
Prepayments, Deposits and Other Receivables [Abstract]
Schedule of Prepayments, Deposits and Other Receivables	2023 2022 US$ US$ Prepayments 3,389,557 2,414,189 Deposits and other receivables 1,491,886 1,238,685 4,881,443 3,652,874 Portion classified as non-current (26,072 ) (128,927 ) Current portion 4,855,371 3,523,947

Cash and Cash Equivalents and_2

Cash and Cash Equivalents and Pledged Bank Deposits (Tables)	12 Months Ended
	Dec. 31, 2023
Cash and Cash Equivalents and Pledged Bank Deposits [Abstract]
Schedule of Cash and Cash Equivalents and Pledged Bank Deposits	2023 2022 US$ US$ Cash and bank balances 14,152,465 24,077,695 Time deposits 54,677,296 195,883 68,829,761 24,273,578 Less: Pledged bank deposits (188,745 ) (195,883 ) Cash and cash equivalents 68,641,016 24,077,695

Other Payables and Accruals (Ta

Other Payables and Accruals (Tables)	12 Months Ended
	Dec. 31, 2023
Other Payables and Accruals [Abstract]
Schedule of Other Payables and Accruals	2023 2022 US$ US$ Non-current Liabilities incurred for long-term employee benefits (note (a)) - 208,698 Current Other payables (note (b)) 5,089,409 2,107,490 Accruals 2,979,578 4,143,841 Contract liabilities (note (c)) 1,312,735 301,986 9,381,722 6,553,317 (a) The terms of all outstanding awards granted under the Group’s Value Creation Plan were modified in 2023 such that they will be settled by a fixed number of the Company’s ordinary shares and as a result, the outstanding awards have been reclassified to equity during the year. (b) Other payables are non-interest-bearing and are normally settled on 30 to 120-day terms. (c) Details of contract liabilities are as follows:
Schedule of Contract Liabilities	Details of contract liabilities are as follows: December 31, December 31, January 1, 2023 2022 2022 US$ US$ US$ Contract liabilities arising from: Internet leads generation and marketing service income 1,256,307 225,632 425,897 Marketing and events income 56,428 76,354 142,457 1,312,735 301,986 568,354

Convertible Loans (Tables)

Convertible Loans (Tables)	12 Months Ended
	Dec. 31, 2023
Convertible Loans [Abstract]
Schedule of Extended Convertible Loan	The movements of the liability component and derivative component from the redemption right of the Extended Convertible Loan are as follows: 2022 US$ As at January 4,294,265 Finance costs 506,327 Extinguished during the year (4,800,592 ) As at December 31 - 2022 US$ As at January 1 589,731 Change in fair value 145,957 Extinguished during the year (735,688 ) As at December -
Schedule of Convertible Loan	The movements of the liability component and derivative component from the conversion feature of the 2022 Convertible Loans are as follows: 2022 US$ As at January - Issued during the year 26,993,304 Finance costs 2,387,723 Converted during the year (29,381,027 ) As at December - 2022 US$ As at January - On initial recognition 10,024,014 Change in fair value 158,548 Exercised during the year (10,182,562 ) As at December -
Schedule of Option Pricing Model to Determine Fair Values of the Derivative Components	The following table lists the inputs to the model used for the year ended December 31, 2022: 2022 Risk-free rate (%) 2.8 – 4.5 Volatility (%) 62 Dividend yield (%) -

Interest-Bearing Borrowings (Ta

Interest-Bearing Borrowings (Tables)	12 Months Ended
	Dec. 31, 2023
Interest-Bearing Borrowings [Abstract]
Schedule of Bridge Loan - Liability Component	Bridge loan - liability component 2022 US$ As at January 12,274,215 Drawdown during the year 6,756,665 Finance costs 4,074,175 Repaid during the year (7,374,346 ) Settled during the year (15,730,709 ) As at December -
Schedule of Bridge Loan - Derivative Component	Bridge loan - derivative component 2022 US$ As at January 1 1,551,677 On initial recognition 842,181 Change in fair value 835,433 Exercised during the year (3,229,291 ) As at December 31 -
Schedule of Loan Notes – Liability Component	Loan notes – liability component 2023 2022 US$ US$ As at January 8,745,192 - Issued during the year 5,000,000 7,959,134 Finance costs 18,975,635 786,058 Repayment during the year (32,720,827 ) - As at December 31 - 8,745,192
Schedule of Freestanding Derivative - Option for Additional Subscription of Loan Notes	Freestanding derivative - option for additional subscription of loan notes 2023 2022 US$ US$ As at January 1 2,796,131 - On initial recognition - 2,796,131 Change in fair value 9,536,904 - Exercised during the year (12,333,035 ) - As at December 31 - 2,796,131
Schedule of Binomial Option Pricing Model to Determine the Fair Value of the Option for Additional Subscription	The following table lists the inputs to the model used for the year ended December 31, 2022 and upon exercise: 2022 Risk-free rate (%) 4.06 – 4.33 Volatility (%) 61 – 62 Dividend yield (%) - Upon exercise Risk-free rate (%) 4.76 Volatility (%) 63 Dividend yield (%) -

Warrant Liabilities (Tables)

Warrant Liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
Warrant Liabilities [Abstract]
Schedule of Warrant Liabilities	Movements of the balance of warrant liabilities during the years ended December 31, 2023 and 2022 are as follow: Class A Class C Public Sponsor Warrants Warrants Warrants Warrants Total US$ US$ US$ US$ US$ At January 1, 2022 - - - - - Issued during the year 845,593 11,642,006 - - 12,487,599 Change in fair value (38,454 ) - - - (38,454 ) At December 31, 2022 and January 1, 2023 807,139 11,642,006 - - 12,449,145 Issuance of warrants upon the Capital Reorganization - - 3,768,277 1,225,488 4,993,765 Change in fair value 11,242,507 39,707,978 (2,379,964 ) (773,993 ) 47,796,528 Exercised during the year - (51,349,984 ) - - (51,349,984 ) Reclassified to equity upon Capital Reorganization (12,049,646 ) - - - (12,049,646 ) At December 31, 2023 - - 1,388,313 451,495 1,839,808
Schedule of Inputs to the Models used to Determine the Fair Value of Class A Warrants	The following table lists the inputs to the models used to determine the fair value of Class A Warrants for the year ended December 31, 2022 and upon Capital Reorganization: 2022 Risk-free rate (%) 4.06 - 4.33 Volatility (%) 61 - 62 Dividend yield (%) - Upon Capital Reorganization Risk-free rate (%) 4.76 Volatility (%) 63 Dividend yield (%) -

Provisions (Tables)

Provisions (Tables)	12 Months Ended
	Dec. 31, 2023
Provisions [Abstract]
Schedule of Provisions	2023 2022 US$ US$ Provision for reinstatement costs 71,872 100,483 Provision for defined benefit obligations 194,260 101,913 As at December 266,132 202,396 Provision for reinstatement costs As at January 1 100,483 68,733 Additional provision - 26,327 Remeasurement of lease modifications - 2,231 Settled during the year (31,782 ) - Increase in discounted amounts arising from the passage of time 4,009 4,184 Exchange realignment (838 ) (992 ) As at December 71,872 100,483 Portion classified as current liabilities (71,872 ) (66,118 ) Non-current portion - 34,365
Schedule of Principal Actuarial Assumptions	The principal actuarial assumptions used as at the end of the reporting period are as follows: 2023 2022 Discount rate (%) 6.15 - 6.19 7.39 - 7.41 Expected rate of salary increases (%) 6.00 6.00
Schedule of Quantitative Sensitivity Analysis for Significant Assumptions	A quantitative sensitivity analysis for significant assumptions as at the end of the reporting period is shown below: Increase/ Increase/ (decrease) (decrease) in defined in defined Increase benefit Decrease benefit in rate obligations in rate obligations % US$ % US$ 2023 Discount rate 1 (34,297 ) 1 43,440 Future annual salary increases 1 43,349 1 (34,637 ) 2022 Discount rate 1 (17,571 ) 1 22,380 Future annual salary increases 1 22,477 1 (17,927 )
Schedule of Total Expenses Recognized in the Consolidated Statements of Loss and Other Comprehensive (Loss)/Income	The total expenses recognized in the consolidated statements of loss and other comprehensive (loss)/income in respect of the plan are as follows: 2023 2022 2021 US$ US$ US$ Current service cost 49,109 69,689 152,091 Interest cost 7,563 5,687 4,188 Net benefit expenses recognized in general, administrative and other operating expenses 56,672 75,376 156,279
Schedule of Defined Benefit Obligations Classified as Non-Current Liabilities	The movements in the defined benefit obligations classified as non-current liabilities are as follows: 2023 2022 US$ US$ At January 101,913 115,532 Current service cost 49,109 69,689 Interest cost 7,563 5,687 Benefits paid - (14,402 ) Remeasurement losses/(gains) credited to other comprehensive (loss)/income arising from: Changes in financial assumptions 41,325 (37,030 ) Experience adjustments (6,440 ) (28,221 ) Exchange realignment 790 (9,342 ) At December 194,260 101,913

Deferred Taxation (Tables)

Deferred Taxation (Tables)	12 Months Ended
	Dec. 31, 2023
Deferred Taxation [Abstract]
Schedule of Deferred Tax Liabilities	The movements in deferred tax assets/(liabilities) during the year are as follows: Provision for Fair value Depreciation Right-of-use Total US $ US$ US$ US$ US$ At December 31, 2021 (8,601) (284,338) (3,596) - (296,535) Effect of adoption of amendments to IAS 12 - - - (71,874 ) (71,874 ) At January 1, 2022 (restated) (8,601 ) (284,338 ) (3,596 ) (71,874 ) (368,409 ) Deferred tax credited/(charged) to profit or loss (restated) - 281,791 (1,496 ) (50,682 ) 229,613 Deferred tax charged to other comprehensive (loss)/income (23,148 ) - - - (23,148 ) Exchange realignment (restated) 1,290 2,547 11 (522 ) 3,326 Gross deferred tax liabilities at December 31, 2022 and January 1, 2023 (restated) (30,459 ) - (5,081 ) (123,078 ) (158,618 ) Deferred tax credited to profit or loss - - 1,360 68,519 69,879 Deferred tax credited to other comprehensive (loss)/income 4,920 - - - 4,920 Exchange realignment (16 ) - 4 (449 ) (461 ) Gross deferred tax liabilities at December 31, 2023 (25,555 ) - (3,717 ) (55,008 ) (84,280 )
Schedule of Deferred Tax Assets	Deferred tax assets Lease liabilities US$ At January 1, 2021 - Effect of adoption of amendments to IAS 12 71,874 At January 1, 2022 (restated) 71,874 Deferred tax credited to profit or loss (restated) 50,682 Exchange realignment (restated) 522 Gross deferred tax assets at December 31, 2022 and January 1, 2023 (restated) 123,078 Deferred tax charged to profit or loss (68,519 ) Exchange realignment 449 Gross deferred tax assets at December 31, 2023 55,008
Schedule of Analysis of the Deferred Tax Balances	The following is an analysis of the deferred tax balances of the Group for financial reporting purposes: 2023 2022 US$ US$ Net deferred tax assets recognized in the consolidated statement of financial position - - Net deferred tax liabilities recognized in the consolidated statement of financial position 29,272 35,540

Share Capital (Tables)

Share Capital (Tables)	12 Months Ended
	Dec. 31, 2023
Share Capital [Abstract]
Schedule of Movements of Share Capital	Movements of share capital of the Company: Number of shares Class A Class B Old Class A Old Class B Class C Preference Total At January 1, 2023 - - 815,700 632,529 - 4,758,252 6,206,481 Scrip dividend for Preference Shares (note (a)) - - - - - 142,032 142,032 Conversion of Preference Shares to Old Class A Ordinary Shares - - 449,865 - - (449,865 ) - Shares issued pursuant to share-based payment arrangement - - 8,726 - - - 8,726 Shares issued upon exercise of Class C warrants (note 22) - - - - 8,349,958 - 8,349,958 Repurchase and cancellation of Old Class A Ordinary Shares - - (2,304) - - - (2,304 ) Capital Reorganization - Share Exchange (note (b)) 10,254,474 - (1,271,987 ) (632,529 ) (8,349,958 ) - - Capital Reorganization - Shares issued to acquire net assets of Bridgetown (note 27) 10,092,134 14,874,838 - - - - 24,966,972 Shares issued upon the exercise of call option 2,005,460 - - - - - 2,005,460 Share issued for settlement of expenses (note (d)) 325,000 - - - - - 325,000 Conversion of Class B Ordinary shares to Class A Ordinary Shares 1,620,000 (1,620,000 ) - - - - - Conversion of Preference Shares to Class A Ordinary Shares 983,599 - - - - (983,599 ) - At December 31, 2023 25,280,667 13,254,838 - - - 3,466,820 42,002,325 Number of shares Old Old Old Preference Ordinary Seed Series A Series B Series B-1 Total At January 1, 2022 - - - - 215,982 60,182 296,076 182,024 61,436 815,700 2022 Share Exchange (note (e)) 815,700 - - - (215,982 ) (60,182 ) (296,076 ) (182,024 ) (61,436 ) - Shares issued for settlement of 2022 Convertible Loans (note (f)) - - - 4,758,252 - - - - - 4,758,252 Shares issued for equity-settled transactions (note (g)) - 632,529 - - - - - - - 632,529 At December 31, 2022 815,700 632,529 - 4,758,252 - - - - - 6,206,481 * Pursuant to a written shareholders’ resolution passed on December 21, 2022, the Ordinary Shares, Seed Preference Shares, Series A Preference Shares, Series B Preferences Shares and Series B-1 Preference Shares were cancelled. (a) Prior to the Capital Reorganization, the Company declared scrip dividends to holders of the Preference Shares and issued an aggregate of 142,032 Preference Shares. No other dividends were declared to holders of any shares of the Company during the years ended December 31, 2023 and 2022. (b) As described in note 1, upon closing of the Capital Reorganization, 10,254,474 Class A ordinary shares and 4,450,419 Preference Shares of the Company were exchanged for 33,379,256 ordinary shares of CGCL and 14,486,506 preference shares of CGCL at an exchange ratio of 0.307212. (c) The Company executed a deed poll constituting up to US$5,000,000 of fixed rate unsecured loan notes, bearing a paid in kind (“PIK”) interest rate of 25% per annum (together with any PIK notes, the “Call Option Notes”) subscribed by a company controlled by a shareholder with significant influence over the Company (the “Option Holder”). Immediately after the closing of the Capital Reorganization, the Option Holder elected to exercise its call option for subscription of additional loan notes (see note 21) in full pursuant to the call option agreement by and between the Company and the Option Holder, as a result of which it received 2,005,460 Class A Ordinary Shares of the Company for no consideration and subscribed for US$5,000,000 of Call Option Notes in an aggregate principal amount of US$5,000,000. The Company has fully settled the Call Option Notes together with any accrued interest in October, 2023. (d) The Company issued 325,000 Class A Ordinary Shares for settlement of professional services rendered by a third party to the Group in lieu of the cash settlement option of US$500,000 (note 26). (e) The issued and fully paid Ordinary Shares, Seed Preference Shares, Series A Preference Shares, Series B Preference Shares and Series B-1 Preference Shares (collectively, the “Existing Shares”) were automatically and compulsorily repurchased by the Company in exchange for the issuance of 815,700 Old Class A Ordinary Shares to the holders of the Existing Shares (“2022 Share Exchange”). Pursuant to a written shareholders’ resolution passed on October 14, 2022, the Company created and issued 6,165,000 Class A Warrants to subscribe to 6,165,000 Old Class A Ordinary Shares in the capital of the Company to the holders of the Existing Shares. (f) The Company issued 4,758,252 Preference Shares in exchange for settling all of the Company’s 2022 Convertible Loans and the corresponding accrued interest amounts (see note 20). (g) The Company allotted and issued 632,529 Old Class B Ordinary Shares to a company controlled by a shareholder with significant influence over the Company as non-cash consideration for the company’s assistance as the lead subscriber for the structuring of loan note purchase (see note 21) and other arrangements. Pursuant to a written shareholders’ resolution passed on October 14, 2022, the Company created 7,388,525 Class C Warrants, of which 3,939,472 Class C Warrants were issued to the holders of the Class B Ordinary Shares to subscribe to 3,939,472 Class C Ordinary Shares in the capital of the Company (see notes 21 and 22). Pursuant to a written resolution passed on December 21, 2022, the Company created 1,203,159 additional Class C Warrants to subscribe to 1,203,159 Class C Ordinary Shares in the capital of the Company and issued 4,410,486 Class C Warrants to subscribe to 4,410,486 Class C Ordinary Shares to holders of the loan notes (see notes 21 and 22).
Schedule of Share Capital of the Company	Details of share capital of the Company: 2023 2022 US$ US$ Authorized: 440,000,000 Class A Ordinary Shares 44,000 - 50,000,000 Class B Ordinary Shares 5,000 - 10,000,000 Preference Shares 1,000 - 29,461,631 Old Class A Ordinary Shares - 9,590 645,145 Old Class B Ordinary Shares - 210 11,581,892 Old Class C Ordinary Shares - 3,770 5,621,980 Old Class D Ordinary Shares - 1,830 4,915,392 Preference Shares - 1,600 50,000 17,000 Issued and fully paid: 25,280,667 Class A Ordinary Shares 2,528 - 13,254,838 Class B Ordinary Shares 1,325 - 3,466,820 Preference Shares 347 - 815,700 Old Class A Ordinary Shares - 265 632,529 Old Class B Ordinary Shares - 206 4,758,252 Preference Shares - 1,549 4,200 2,020

Share-Based Payments (Tables)

Share-Based Payments (Tables)	12 Months Ended
	Dec. 31, 2023
Share-Based Payments [Abstract]
Schedule of Old Share Options held by key management personnel	A summary of the movements in the number of Old Share Options held by key management personnel of the Group which were granted in respect of their services rendered to the Group during the year ended December 31, 2022 was as follows: 2022 Weighted average exercise price Number US$ per share of options At January 86.44 144,797 Cancelled during the year 86.44 (144,797 ) At December - - A summary of the movements in the number of share options under the 2022 Equity Plan, which was subsequently replaced by the MoneyHero Share Options, held by employees and key management personnel of the Group which were granted in respect of their services rendered to the Group is as follows: 2023 Weighted average exercise price Number US$ per share of options At January 1, - - Granted during the year 0.0001 3,188,929 Cancelled during the year 0.0001 (75,431 ) Forfeited during the year 0.0001 (233,927 ) At December 31, 0.0001 2,879,571
Schedule of Range of Exercise Prices and the Remaining Contractual Life	The range of exercise prices and the remaining contractual life of the MoneyHero Share Options held by employees and key management personnel of the Group outstanding as at the end of the reporting period are as follows: Remaining Range US$ per share Number 2023 2.75 – 3.00 0.0001 2,879,571
Schedule of Share Options Granted	The following table lists the inputs to the model used: Dividend yield (%) - Risk-free interest rate (%) 3.49 - 3.87 Exit rate (%) 25 Exercise multiples (%) 220 - 280 Volatility (%) 60 - 62 Expected life of options (years) 10 Fair value of underlying Ordinary Share (US$ per share) 0.43 - 1.82

Capital Reorganization (Tables)

Capital Reorganization (Tables)	12 Months Ended
	Dec. 31, 2023
Capital Reorganization [Abstract]
Schedule of Fair Value of Bridgetown's Identifiable Net Assets Acquired	The fair value of Bridgetown’s identifiable net assets acquired comprising: US$ Cash 46,783 Cash held in Trust Account 91,466,681 Warrant liabilities (note a) (4,993,764 ) Net identifiable assets acquired 86,519,700 Less: Fair Value of consideration comprising 10,092,134 Company’s Class A ordinary shares (note b) 62,066,624 14,874,838 Company’s Class B ordinary shares 91,480,254 Total Fair value of consideration 153,546,878 Share-based payment on listing 67,027,178

Notes to the Statements of Ca_2

Notes to the Statements of Cash Flows (Tables)	12 Months Ended
	Dec. 31, 2023
Notes to the Statements of Cash Flows [Abstract]
Schedule of Changes in Liabilities Arising from Financing Activities	C hanges in liabilities arising from financing activities 2023 Lease Loan notes liabilities US$ US$ At January 1, 2023 8,745,192 785,687 Changes from financing cash flows (27,720,827 ) (730,908 ) Interest paid classified as operating cash flows - (48,363 ) Non-cash transactions: New leases - 549,622 Finance costs accrued 18,975,635 48,363 Exchange realignment - 1,660 At December 31, 2023 - 606,061 2022 Convertible Lease Loan notes loans Bridge loan Liabilities US$ US$ US$ US$ At January 1, 2022 - 4,294,265 12,274,215 486,678 Changes from financing cash flows 22,397,271 12,656,069 610,000 (873,308 ) Interest paid classified as operating cash flows - - - (42,130 ) Non-cash transactions: Finance costs accrued 786,058 2,894,050 4,074,175 42,130 New leases - - - 1,237,069 Remeasurement on lease modifications - - - (64,390 ) Recognition of warrant liabilities (11,642,006 ) - - - Initial recognition of derivative financial instruments (2,796,131 ) (10,024,014 ) (842,181 ) - Derecognition of derivative financial instruments - 735,688 3,229,291 - Issuance of convertible loan for settlement of bridge loan - 18,960,000 (18,960,000 ) - Conversion to Preference Shares - (29,381,027 ) - - Other non-cash transactions - (135,031 ) (385,500 ) - Exchange realignment - - - (362 ) At December 31, 2022 8,745,192 - - 785,687 2021 Convertible Lease loan Bridge loan Liabilities US$ US$ US$ At January 1 2021 4,123,563 — 1,116,912 Changes from financing cash flows — 13,150,000 (785,494 ) Interest paid classified as operating cash flows — — (48,171 ) Non-cash transactions: Initial recognition of derivative financial instruments (544,327 ) (1,418,222 ) — Finance costs accrued 715,029 936,937 48,171 Remeasurement on lease modifications — — 206,250 Other non-cash transactions — (394,500 ) — Exchange realignment — — (50,990 ) At 31 December 2021 4,294,265 12,274,215 486,678
Schedule of Cash Outflow for Leases included in the Statement of Cash Flows	The total cash outflow for leases included in the statements of cash flows is as follows: 2023 2022 2021 US$ US$ US$ Within operating activities 91,294 199,394 378,571 Within financing activities 730,908 873,308 785,494 822,202 1,072,702 1,164,065

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
Schedule of Key Management Personnel on Agreed Terms Between the Relevant Parties	In addition to the transactions, arrangements and balances detailed elsewhere in these financial statements, the Group had the following transactions with companies controlled by a shareholder with significant influence over the Company and key management personnel on agreed terms between the relevant parties during the years ended December 31, 2023, 2022 and 2021: 2023 2022 2021 US$ US$ US$ Finance costs on bridge loan - Key management personnel - 97,428 36,036 - A company controlled by a shareholder with significant influence over the Company - 487,140 180,180 Finance costs on convertible loans - Key management personnel - 77,403 - - Companies controlled by a shareholder with significant influence over the Company - 1,679,203 715,029 Finance costs on loan notes - Key management personnel 152,468 1,590 - - Companies controlled by a shareholder with significant influence over the Company 15,013,576 744,727 - Revenue earned from companies controlled by a shareholder with significant influence over the Company - Internet leads generation and marketing service income 161,451 197,835 100,633 - Insurance commission income 695,088 93,593 3,100 - Marketing income 25,161 32,398 3,721 Equity-settled transactions included in general, administrative and other operating expenses (note 26) - 882,115 -

Financial Instruments by Cate_2

Financial Instruments by Category (Tables)	12 Months Ended
	Dec. 31, 2023
Financial Instruments by Category [Abstract]
Schedule of Financial Assets at Amortized Cost	The carrying amounts of each of the categories of financial instruments as at the end of the reporting period are as follows: 2023 US$ Accounts receivable 17,236,384 Financial assets included in deposits and other receivables 808,679 Pledged bank deposits 188,745 Cash and cash equivalents 68,641,016 86,874,824 2022 US$ Accounts receivable 9,684,035 Financial assets included in deposits and other receivables 703,399 Pledged bank deposits 195,883 Cash and cash equivalents 24,077,695 34,661,012
Schedule of Financial Liabilities	Financial Financial Total US$ US$ US$ 2023 Accounts payable - 23,839,894 23,839,894 Warrant liabilities 1,839,808 - 1,839,808 Lease liabilities - 606,061 606,061 Financial liabilities included in other payables and accruals - 5,664,220 5,664,220 1,839,808 30,110,175 31,949,983 Financial Financial Total US$ US$ US$ 2022 Accounts payable - 16,653,695 16,653,695 Other derivative financial instruments 2,796,131 - 2,796,131 Warrant liabilities 12,449,145 - 12,449,145 Lease liabilities - 785,687 785,687 Financial liabilities included in other payables and accruals - 4,513,530 4,513,530 Loan note - 8,745,192 8,745,192 15,245,276 30,698,104 45,943,380

Financial Risk Management Obj_2

Financial Risk Management Objectives and Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Financial Risk Management Objectives and Policies [Abstract]
Schedule of Gross Carrying Amounts for Financial Assets	The amounts presented are gross carrying amounts for financial assets 12-month ECLs Lifetime ECLs Simplified Stage 1 Stage 2 Stage 3 approach Total US$ US$ US$ US$ US$ December 31, 2023 Accounts receivable* - - - 17,346,035 17,346,035 Contract assets* - - - 16,024,969 16,024,969 Financial assets included in deposits and other receivables - Normal** 808,679 - - - 808,679 Pledged bank deposits - Not yet past due 188,745 - - - 188,745 Cash and cash equivalents - Not yet past due 68,641,016 - - - 68,641,016 69,638,440 - - 33,371,004 103,009,444 December 31, 2022 Accounts receivable* - - - 9,807,667 9,807,667 Contract assets* - - - 11,140,109 11,140,109 Financial assets included in deposits and other receivables - Normal** 764,611 - - - 764,611 Pledged bank deposits - Not yet past due 195,883 - - - 195,883 Cash and cash equivalents - Not yet past due 24,077,695 - - - 24,077,695 25,038,189 - - 20,947,776 45,985,965 * For accounts receivable and contract assets to which the Group applies the simplified approach for impairment, information is disclosed in notes 14 and 15 to the financial statements. ** The credit quality of financial assets included in deposits and other receivables is considered to be “normal” when it is not past due and there is no information indicating that the financials had a significant increase in credit risk since initial recognition. Otherwise, the credit quality of the financial assets is considered to be “doubtful”.
Schedule of Financial Liabilities	The maturity profile of the Group’s financial liabilities as at the end of the reporting period, based on the contractual undiscounted payments, is as follows: Within 1 1 to 5 Total US$ US$ US$ 2023 Lease liabilities 588,103 27,108 615,211 Accounts payable 23,839,894 - 23,839,894 Financial liabilities included in other payables and accruals 5,664,220 - 5,664,220 30,092,217 27,108 30,119,325 2022 Lease liabilities 523,206 300,092 823,298 Accounts payable 16,653,695 - 16,653,695 Financial liabilities included in other payables and accruals 4,513,530 - 4,513,530 Loan notes - 68,351,047 68,351,047 21,690,431 68,651,139 90,341,570
Schedule of Exchange Rates	The following table demonstrates the sensitivity at the end of the reporting period to a reasonably possible change in the SGD, TWD, MYR, PHP, THB and IDR exchange rates, with all other variables held constant, of the Group’s loss before tax. As HK$ is pegged to US$, the directors of the Company anticipate that there will be no significant movements in the US$/HK$ exchange rates and the exposure on US$ will not be material. 2023 2022 Increase/ Increase/ Increase/ Increase/ (decrease) in (decrease) (decrease) in (decrease) foreign in loss foreign in loss exchange rate after tax exchange rate after tax US$ US$ SGD 3 % (1,477,961 ) 3 % (1,556,060 ) (3 )% 1,477,961 (3 )% 1,556,060 TWD 3 % (474,534 ) 3 % (473,641 ) (3 )% 474,534 (3 )% 473,641 MYR 3 % (402,719 ) 3 % (372,744 ) (3 )% 402,719 (3 )% 372,744 PHP 3 % (576,565 ) 3 % (489,293 ) (3 )% 576,565 (3 )% 489,293 THB 3 % (329,276 ) 3 % (327,939 ) (3 )% 329,276 (3 )% 327,939 IDR 3 % (184,116 ) 3 % (181,853 ) (3 )% 184,116 (3 )% 181,853

Loss Per Share Attributable t_2

Loss Per Share Attributable to Ordinary Equity Holders of the Company (Tables)	12 Months Ended
	Dec. 31, 2023
Loss Per Share Attributable to Ordinary Equity Holders of the Company [Abstract]
Schedule of Loss Per Share Basic and Diluted	Comparative loss per share (basic and diluted) was restated to give effect to the Share Exchange for comparability purposes (see note 1) 2023 2022 2021 US$ US$ US$ per share per share per share Basic and diluted loss per share Total basic and diluted loss per share attributable to the ordinary equity holders of the Company (17.92 ) (102.43 ) (143.21 ) 2023 2022 2021 US$ US$ US$ Loss Loss attributable to the equity shareholders of the Company 172,600,513 49,441,815 30,932,005 2023 2022 2021 Number of shares Weighted-average number of ordinary shares 9,632,562 482,689 215,983

Corporate and Group Informati_3

Corporate and Group Information (Details)	12 Months Ended
	Dec. 31, 2023 USD ($) $ / shares shares
Corporate and Group Information (Details) [Line Items]
Preference shares (in Dollars) | $	$ 4,450,419
Ordinary shares warrants	33,379,256
Preferred shares warrants	14,486,506
Share exchange ratio	0.307212
Warrants (in Dollars) | $	$ 20,067,574
Warrants shares	20,067,574
Public warrants	19,833,035
Private warrants	6,449,936
Ordinary shares of Brindgetown	24,515,133
Warrant of brindgetown	26,282,971
Bridgetown’s ordinary per shares (in Dollars per share) | $ / shares	$ 6.15
Profit loss expenses (in Dollars) | $	$ 67,027,000
Class A Ordinary Shares [Member]
Corporate and Group Information (Details) [Line Items]
Ordinary share exchange	10,254,474
Exchange of shares	24,515,133
Ordinary shares	451,839
Class B Ordinary Shares [Member]
Corporate and Group Information (Details) [Line Items]
Exchange of shares	24,515,133

Corporate and Group Informati_4

Corporate and Group Information (Details) - Schedule of Company’s Subsidiaries	12 Months Ended
	Dec. 31, 2023
CompareAsia Group Capital Limited [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Cayman Islands
Issued share capital	US$0.01
Percentage of equity attributable to the Company, Direct	100
Percentage of equity attributable to the Company, Indirect
Principal activities	Investment holding
CompareAsia Group Limited [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Hong Kong
Issued share capital	HK$1
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Investment holding and management services to group companies
CAG Regional Limited [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Hong Kong
Issued share capital	HK$1
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Provision of management and administrative services to group companies
CAG Regional Singapore Pte. Ltd [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Singapore
Issued share capital	SGD2,059,066
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Provision of information technology support and management services to group companies
Compargo Malaysia Sdn. Bhd. [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Malaysia
Issued share capital	MYR500,000
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Provision of financial comparison services via online platform
Ekos Limited [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Hong Kong
Issued share capital	HK$1
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Provision of business administration, software and technology services
Ekos Inc. [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Philippines
Issued share capital	PHP10,000,000
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Provision of business administration, software and technology services
Ekos Pte. Ltd. [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Singapore
Issued share capital	SGD1
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Provision of business administration, software and technology services
MoneyGuru Philippines Corporation [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Philippines
Issued share capital	PHP9,200,000
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Provision of financial comparison services via online platform
MoneyHero Insurance Brokerage, Inc. [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Philippines
Issued share capital	PHP40,000,000
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Provision of insurance brokerage services
MoneyHero Insurance Brokers Limited [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Hong Kong
Issued share capital	HK$17,400,000
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Provision of insurance brokerage services
MoneyHero Global Limited [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Hong Kong
Issued share capital	HK$4,085,155
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Provision of financial comparison services via online platform
Singsaver Insurance Brokers Pte. Ltd. [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Singapore
Issued share capital	SGD1,060,001
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Provision of insurance brokerage services
Singsaver Pte. Ltd. [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Singapore
Issued share capital	SGD100,000
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	Provision of financial comparison services via online platform
Seedly Pte. Ltd [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Singapore
Issued share capital	SGD2,950,181
Percentage of equity attributable to the Company, Direct
Percentage of equity attributable to the Company, Indirect	100
Principal activities	An online platform specializing in personal finance community and product comparison
Money101 Limited [Member]
Schedule Of Company’s Subsidiaries [Line Items]
Place of incorporation and business	Taiwan	[1]
Issued share capital	TWD5,000,000	[1]
Percentage of equity attributable to the Company, Direct		[1]
Percentage of equity attributable to the Company, Indirect	100	[1]
Principal activities	Provision of financial comparison services via online platform	[1]
[1] English translation for identification purpose only

Basis of Preparation (Details)

Basis of Preparation (Details)	12 Months Ended
	Dec. 31, 2023 USD ($)
Basis of Preparation [Line Items]
Recoverable amount of intangible assets under development (in Dollars)
Computer Software [Member]
Basis of Preparation [Line Items]
Estimated useful lives	2 years
Other Intangible Assets [Member]
Basis of Preparation [Line Items]
Estimated useful lives	10 years

Operating Segment Information_2

Operating Segment Information (Details)	12 Months Ended
	Dec. 31, 2023
Operating Segment Information [Abstract]
Number of reportable segments	6

Operating Segment Information_3

Operating Segment Information (Details) - Schedule of Management Monitors the Results of the Groups Operating Segments - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment revenue
Sales to external customers	$ 80,671,081	$ 68,132,256	$ 61,882,481
Segment profit/(loss)	(6,764,511)	(16,581,221)	(13,343,634)
Interest income	872,503	28,043	14,734
Finance costs	(19,028,007)	(7,800,597)	(1,702,457)
Depreciation and amortization	(7,164,677)	(4,788,750)	(3,900,348)
Impairment of goodwill		(4,382,926)
Impairment of intangible assets	(3,105,507)	(1,450,781)
Equity-settled share-based payment expense	(6,629,044)	(14,430,835)	(9,352,862)
Other long-term employee benefits credit/expense	(109,702)	4,951,482	240,028
Changes in fair value of financial instruments	(57,333,432)	(1,101,484)	(178,859)
Gain on derecognition of convertible loans and bridge loan		135,031
Share-based payment on listing	(67,027,178)
Transaction expenses	(6,643,367)
Other equity-settled transactions	(500,000)	(882,115)
Unrealized foreign exchange differences, net	895,392	(3,389,441)	(2,746,780)
Loss before tax	(172,537,530)	(49,693,594)	(30,970,178)
Hong Kong [Member]
Segment revenue
Sales to external customers	26,947,177	22,247,140	18,189,703
Segment profit/(loss)	680,500	(283,904)	(202,027)
Singapore [Member]
Segment revenue
Sales to external customers	32,069,713	23,467,954	22,838,695
Segment profit/(loss)	(1,579,640)	(2,035,946)	(1,359,574)
Philippines [Member]
Segment revenue
Sales to external customers	14,169,389	9,857,822	6,051,517
Segment profit/(loss)	768,659	(1,327,478)	(1,050,578)
Taiwan [Member]
Segment revenue
Sales to external customers	6,742,747	11,027,139	13,401,188
Segment profit/(loss)	(826,446)	(1,160,908)	(264,321)
Malaysia [Member]
Segment revenue
Sales to external customers	738,053	1,282,194	1,270,665
Segment profit/(loss)	(485,596)	(1,877,997)	(1,764,853)
Other Asia [Member]
Segment revenue
Sales to external customers	4,002	250,007	130,713
Segment profit/(loss)	(105,546)	(1,353,876)	(1,595,476)
Unallocated [Member]
Segment revenue
Sales to external customers
Segment profit/(loss)	$ (5,216,442)	$ (8,541,112)	$ (7,106,805)

Revenue and Other Income (Detai

Revenue and Other Income (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue and Other Income [Abstract]
Contract liabilities	$ 301,986	$ 568,354	$ 487,126
Revenue rate			10%

Revenue and Other Income (Det_2

Revenue and Other Income (Details) - Schedule of Analysis of Revenue - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Analysis of Revenue [Line Items]
REVENUE	$ 80,671,081	$ 68,132,256	$ 61,882,481
Internet leads generation and marketing service income [Member]
Schedule of Analysis of Revenue [Line Items]
REVENUE	75,794,855	64,930,368	59,301,412
Insurance commission income [Member]
Schedule of Analysis of Revenue [Line Items]
REVENUE	3,362,745	1,665,997	907,338
Marketing income [Member]
Schedule of Analysis of Revenue [Line Items]
REVENUE	1,026,223	1,079,027	1,355,760
Events income [Member]
Schedule of Analysis of Revenue [Line Items]
REVENUE	$ 487,258	$ 456,864	$ 317,971

Revenue and Other Income (Det_3

Revenue and Other Income (Details) - Schedule of Disaggregated Revenue Information - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Geographical markets
Total revenue from contracts with customers	$ 80,671,081	$ 68,132,256	$ 61,882,481
Credit cards [Member]
Geographical markets
Total revenue from contracts with customers	60,257,595	49,430,329	46,658,459
Personal loans and mortgages [Member]
Geographical markets
Total revenue from contracts with customers	10,166,389	9,718,621	7,924,050
Insurance [Member]
Geographical markets
Total revenue from contracts with customers	5,853,092	2,661,822	1,228,525
Other verticals [Member]
Geographical markets
Total revenue from contracts with customers	4,394,005	6,321,484	6,071,447
At a point in time [Member]
Geographical markets
Total revenue from contracts with customers	3,362,745	1,665,997	907,338
Over time [Member]
Geographical markets
Total revenue from contracts with customers	77,308,336	66,466,259	60,975,143
Hong Kong [Member]
Geographical markets
Total revenue from contracts with customers	26,947,177	22,247,140	18,189,703
Singapore [Member]
Geographical markets
Total revenue from contracts with customers	32,069,713	23,467,954	22,838,695
Philippines [Member]
Geographical markets
Total revenue from contracts with customers	14,169,389	9,857,822	6,051,517
Taiwan [Member]
Geographical markets
Total revenue from contracts with customers	6,742,747	11,027,139	13,401,188
Malaysia [Member]
Geographical markets
Total revenue from contracts with customers	738,053	1,282,194	1,270,665
Other Asia [Member]
Geographical markets
Total revenue from contracts with customers	$ 4,002	$ 250,007	$ 130,713

Revenue and Other Income (Det_4

Revenue and Other Income (Details) - Schedule of Revenue from Customers - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022		Dec. 31, 2021
Customer A [Member]
Revenue and Other Income (Details) - Schedule of Revenue from Customers [Line Items]
Revenue from customer	$ 17,713,000	$ 33,260,000		$ 36,541,000
Customer B [Member]
Revenue and Other Income (Details) - Schedule of Revenue from Customers [Line Items]
Revenue from customer	11,801,000		[1]		[1]
Customer C [Member]
Revenue and Other Income (Details) - Schedule of Revenue from Customers [Line Items]
Revenue from customer	$ 9,614,000		[1]	$ 7,567,000
[1] The customers generated less than 10% of the total revenue of the Group during the year.

Revenue and Other Income (Det_5

Revenue and Other Income (Details) - Schedule of Analysis of Other Income - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other income
Bank interest income	$ 859,454	$ 15,905	$ 5,207
Interest income on refundable rental deposit	13,049	12,138	9,527
Government grants			108,369
Gain on disposal of items of property and equipment, net	3,690	4,539	542
Gain on derecognition of convertible loan and bridge loan		135,031
Others	1,321	13,896	17,080
Other income	$ 877,514	$ 181,509	$ 140,725

Loss Before Tax (Details) - Sch

Loss Before Tax (Details) - Schedule of Loss Before Tax - USD ($)		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Loss Before Tax Abstract
Amortization of intangible assets (other than development costs)			$ 187,198	$ 192,028
Amortization of development costs	[1]	6,202,250	3,401,957	2,588,320
Depreciation of property and equipment		218,471	328,438	335,971
Depreciation of right-of-use assets		743,956	871,157	784,029
Employee benefit expense:
Salaries, allowances and other benefits		18,392,916	26,805,750	22,792,357
Equity-settled share option expense		6,629,044	14,430,835	9,352,862
Other long-term employee benefits expense/(credit)		109,702	(4,951,482)	(240,028)
Pension scheme contributions		1,179,399	1,419,470	1,176,767
Retirement benefits expense		56,672	75,376	156,279
Amount capitalized		(1,357,537)	(2,756,415)	(3,260,037)
Government grant recognized	[1]	(78,703)	(733,655)	(424,479)
Total Employee benefit expense		24,931,493	34,289,879	29,553,721
Lease payments not included in measurement of lease liabilities (included in general, administrative and other operating expenses)		42,931	157,264	330,400
Provision for expected credit losses		3,757		53,558
Impairment of goodwill (included in general, administrative and other operating expenses)			4,382,926
Impairment of intangible assets (included in general, administrative and other operating expenses)		3,105,507	1,450,781
Changes in fair value of other derivative financial instruments (included in other income/expenses)		9,536,904	1,139,938	178,859
Changes in fair value of warrant liabilities		47,796,528	(38,454)
Other equity-settled transactions (included in general, administrative and other operating expenses)		500,000	882,115
Gain on disposal of items of property and equipment, net (included in other income/expenses)		(3,690)	(4,539)	(542)
Gain on derecognition of convertible loans and bridge loan (included in other income/expenses)			(135,031)
Reversal of provision for expected credit losses		(1,558)	(14,242)	(26,898)
Foreign exchange differences, net		$ (656,605)	$ 4,051,710	$ 2,953,299
[1]Various government grants have been received for employment support schemes in related to covid-19 and other job support schemes.

Finance Costs (Details) - Sched

Finance Costs (Details) - Schedule of Finance Costs - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Finance Costs [Line Items]
Finance costs	$ 19,028,007	$ 7,800,597	$ 1,702,457
Increase in discounted amounts of provisions arising from the passage of time	4,009	4,184	2,320
Convertible loans [Member]
Schedule of Finance Costs [Line Items]
Finance costs		2,894,050	715,029
Loan note [Member]
Schedule of Finance Costs [Line Items]
Finance costs	18,975,635	786,058
Lease liabilities [Member]
Schedule of Finance Costs [Line Items]
Finance costs	48,363	42,130	48,171
Bridge loan [Member]
Schedule of Finance Costs [Line Items]
Finance costs		$ 4,074,175	$ 936,937

Key Management Personnel Comp_3

Key Management Personnel Compensation (Details) - Schedule of Compensation to Key Management Personnel of the Group - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Compensation to Key Management Personnel of the Group [Abstract]
Salaries, allowances and other benefits	$ 1,384,247	$ 1,761,735	$ 2,321,434
Equity-settled share option expense	4,869,487	14,430,835	9,352,862
Reversal of other long-term employee benefits	(69,207)	(1,525,014)
Pension scheme contributions	19,189	16,226	21,687
Total	$ 6,203,716	$ 14,683,782	$ 11,695,983

Income Tax (Details)

Income Tax (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax [Line Items]
Unused tax losses		$ 58,224,610	$ 70,645,159
Aggregate amount	$ 32,753,721	26,692,435	38,395,574
Deductible temporary differences	18,659,174	9,811,082	9,930,252
Aggregate amount of temporary investment	363,858	379,325	328,824
Deferred tax liabilities recognised	2,292	$ 5,316	$ 1,247
Tax Authorities [Member]
Income Tax [Line Items]
Unused tax losses	$ 62,470,655
Hong Kong [Member]
Income Tax [Line Items]
Income tax rate	16.50%
Singapore [Member]
Income Tax [Line Items]
Income tax rate		17%
Taiwan [Member]
Income Tax [Line Items]
Income tax rate			20%
Philippines [Member]
Income Tax [Line Items]
Income tax rate	25%	20%
Malaysia [Member]
Income Tax [Line Items]
Income tax rate			24%

Income Tax (Details) - Schedule

Income Tax (Details) - Schedule of Tax on Losses - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current
Charge for the year	$ 64,343	$ 28,516	$ 26,647
Overprovision in prior years			(26,778)
Deferred taxes	(1,360)	(280,295)	(38,042)
Income tax expense/(credit) for the year	$ 62,983	$ (251,779)	$ (38,173)

Income Tax (Details) - Schedu_2

Income Tax (Details) - Schedule of Loss Before Tax at the Statutory Tax Rate - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Loss Before Tax at the Statutory Tax Rate [Abstract]
Loss before tax	$ (172,537,530)	$ (49,693,594)	$ (30,970,178)
Tax credit at the domestic rates applicable to losses in the countries/jurisdictions where the Group operates	(3,809,856)	(7,164,497)	(5,220,261)
Income not subject to tax	(180,380)	(134,867)	(13,785)
Expenses not deductible for tax	1,511,627	4,606,490	2,883,631
Adjustments in respect of current tax of previous periods			(26,778)
Tax losses and deductible temporary differences not recognized	2,771,027	2,448,213	2,453,971
Tax losses and deductible temporary differences utilized from previous periods	(282,239)	(4,352)	(118,103)
Others	52,804	(2,766)	3,152
Income tax expense/(credit) at the Group’s effective tax rate	$ 62,983	$ (251,779)	$ (38,173)

Goodwill (Details)

Goodwill (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Abstract]
Cash flow projections rate		13.50%
Terminal growth rate		3%
Impairment losses related to goodwill		$ 4,382,926
Intangible assets	$ 3,105,507	$ 1,450,781

Goodwill (Details) - Schedule o

Goodwill (Details) - Schedule of Goodwill - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Goodwill [Line Items]
At January 1, 2022		$ 4,343,954
Cost and carrying amount at December 31, 2022 and 2023
Impairment during the year ended December 31, 2022		$ (4,382,926)
Exchange realignment	$ 38,972

Intangible Assets (Details)

Intangible Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Intangible Assets [Abstract]
Impairment loss	$ 3,105,507
Recoverable amount of intangible assets under development
Amortization	$ 1,900,000

Intangible Assets (Details) - S

Intangible Assets (Details) - Schedule of Intangible Assets - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cost
At January 1, 2022	$ 22,492,522	$ 19,362,702
Impairment during the year	3,105,507	1,450,781
Exchange realignment	(838)	(992)
At December 31, 2023	21,819,965	22,492,522
Accumulated amortization
At January 1, 2022	8,085,850	4,784,045
At December 31, 2023	14,525,882	8,085,850
Net carrying amount
At December 31, 2023	7,294,083	14,406,672
At December 31, 2022	14,406,672
Development Costs [Member]
Cost
At January 1, 2022	22,492,522	17,455,922
Additions	2,097,621	4,734,550
Impairment during the year	(3,105,507)
Exchange realignment	335,329	302,050
At December 31, 2023	21,819,965	22,492,522
Accumulated amortization
At January 1, 2022	8,085,850	4,546,452
Amortization provided during the year	6,202,250	3,401,957
Impairment during the year
Exchange realignment	237,782	137,441
At December 31, 2023	14,525,882	8,085,850
Net carrying amount
At December 31, 2023	7,294,083	14,406,672
At December 31, 2022	14,406,672
Other Intangible Assets [Member]
Cost
At January 1, 2022		1,906,780
Additions
Impairment during the year		(1,871,976)
Exchange realignment		(34,804)
At December 31, 2023
Accumulated amortization
At January 1, 2022		237,593
Amortization provided during the year		187,198
Impairment during the year		(421,195)
Exchange realignment		(3,596)
At December 31, 2023
Net carrying amount
At December 31, 2023
At December 31, 2022
Cost [Member]
Cost
Additions	2,097,621	4,734,550
Impairment during the year	(3,105,507)	(1,871,976)
Exchange realignment	335,329	267,246
Accumulated amortization [Member]
Accumulated amortization
Amortization provided during the year	6,202,250	3,589,155
Impairment during the year		(421,195)
Exchange realignment	$ 237,782	$ 133,845

Property and Equipment (Details

Property and Equipment (Details) - Schedule of Property and Equipment - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cost [Member]
Cost
Balance at beginning of year	$ 1,486,097	$ 1,437,009
Additions	117,337	254,925
Disposals/write-off	(208,691)	(163,165)
Exchange realignment	5,985	(42,672)
Balance at end of year	1,400,728	1,486,097
Cost [Member] | Leasehold improvements [Member]
Cost
Balance at beginning of year	274,542	353,460
Additions	23,989	20,162
Disposals/write-off	(125,223)	(87,457)
Exchange realignment	(707)	(11,623)
Balance at end of year	172,601	274,542
Cost [Member] | Furniture, fixtures and office equipment [Member]
Cost
Balance at beginning of year	195,639	241,858
Additions	9,776	20,127
Disposals/write-off	(29,478)	(57,446)
Exchange realignment	(234)	(8,900)
Balance at end of year	175,703	195,639
Cost [Member] | Computer equipment [Member]
Cost
Balance at beginning of year	1,015,916	841,691
Additions	83,572	214,636
Disposals/write-off	(53,990)	(18,262)
Exchange realignment	6,926	(22,149)
Balance at end of year	1,052,424	1,015,916
Accumulated depreciation [Member]
Cost
Balance at beginning of year	1,192,484	1,053,733
Disposals/write-off	(206,277)	(158,702)
Exchange realignment	5,561	(30,985)
Balance at end of year	1,210,239	1,192,484
Accumulated depreciation
Depreciation provided during the year	218,471	328,438
Accumulated depreciation [Member] | Leasehold improvements [Member]
Cost
Balance at beginning of year	254,152	278,289
Disposals/write-off	(126,724)	(87,218)
Exchange realignment	(1,044)	(8,750)
Balance at end of year	135,452	254,152
Accumulated depreciation
Depreciation provided during the year	9,068	71,831
Accumulated depreciation [Member] | Furniture, fixtures and office equipment [Member]
Cost
Balance at beginning of year	158,694	199,868
Disposals/write-off	(29,299)	(55,236)
Exchange realignment	(627)	(8,449)
Balance at end of year	149,471	158,694
Accumulated depreciation
Depreciation provided during the year	20,703	22,511
Accumulated depreciation [Member] | Computer equipment [Member]
Cost
Balance at beginning of year	779,638	575,576
Disposals/write-off	(50,254)	(16,248)
Exchange realignment	7,232	(13,786)
Balance at end of year	925,316	779,638
Accumulated depreciation
Depreciation provided during the year	188,700	234,096
Net carrying amount [Member]
Net carrying amount
Balance at net carrying amount	190,489	293,613
Net carrying amount [Member] | Leasehold improvements [Member]
Net carrying amount
Balance at net carrying amount	37,149	20,390
Net carrying amount [Member] | Furniture, fixtures and office equipment [Member]
Net carrying amount
Balance at net carrying amount	26,232	36,945
Net carrying amount [Member] | Computer equipment [Member]
Net carrying amount
Balance at net carrying amount	$ 127,108	$ 236,278

Leases (Details)

Leases (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases [Line Items]
Right-of-use assets	$ 553,823	$ 1,192,165	$ 209,521
Lease liabilities	606,061	785,687	486,678
Lease Liabilities [Member]
Leases [Line Items]
Lease liabilities	$ 549,622	$ 1,172,679	$ 206,250

Leases (Details) - Schedule of

Leases (Details) - Schedule of Carrying Amount of Right-of-Use Assets - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Carrying Amount of Right-of-Use Assets [Line Items]
Balance beginning	$ 778,414	$ 456,670
Additions	419,394	1,320,921
Remeasurement on lease modifications	134,429
Remeasurement on lease modifications		(128,756)
Depreciation charge	(743,956)	(871,157)	$ (784,029)
Exchange realignment	1,440	736
Balance ending	589,721	778,414	456,670
Office premises [Member]
Schedule of Carrying Amount of Right-of-Use Assets [Line Items]
Balance beginning	775,876	449,044
Additions	412,276	1,320,921
Remeasurement on lease modifications	134,429
Remeasurement on lease modifications		(128,756)
Depreciation charge	(740,950)	(866,094)
Exchange realignment	1,447	761
Balance ending	583,078	775,876	449,044
Office equipment [Member]
Schedule of Carrying Amount of Right-of-Use Assets [Line Items]
Balance beginning	2,538	7,626
Additions	7,118
Remeasurement on lease modifications
Depreciation charge	(3,006)	(5,063)
Exchange realignment	(7)	(25)
Balance ending	$ 6,643	$ 2,538	$ 7,626

Leases (Details) - Schedule o_2

Leases (Details) - Schedule of Carrying Amount - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Carrying Amount [Abstract]
Beginning balance	$ 785,687	$ 486,678
New leases	416,451	1,237,069
Remeasurement on lease modifications	133,171	(64,390)
Accretion of interest recognized during the year	48,363	42,130	$ 48,171
Payments	(779,271)	(915,438)
Exchange realignment	1,660	(362)
Ending balance	606,061	785,687	$ 486,678
Analyzed into:
Current portion	574,630	492,735
Non-current portion	$ 31,431	$ 292,952

Leases (Details) - Schedule o_3

Leases (Details) - Schedule of Profit or Loss - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Profit or Loss [Abstract]
Interest on lease liabilities	$ 48,363	$ 42,130	$ 48,171
Depreciation charge of right-of-use assets	743,956	871,157	784,029
Expense relating to short-term leases	42,931	157,264	330,400
Loss on lease modifications		65,406
Total amount recognized in profit or loss	$ 835,250	$ 1,135,957	$ 1,162,600

Accounts Receivable (Details)

Accounts Receivable (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Accounts Receivable [Abstract]
Accounts receivables	$ 224,304	$ 64,323

Accounts Receivable (Details) -

Accounts Receivable (Details) - Schedule of Accounts Receivable - USD ($)		Dec. 31, 2023	Dec. 31, 2022
Schedule Of Accounts Receivable Abstract
Accounts receivable	[1]	$ 17,346,035	$ 9,807,667
Allowance for expected credit losses		(109,651)	(123,632)
Net carrying amount		$ 17,236,384	$ 9,684,035
[1]For accounts receivable and contract assets to which the Group applies the simplified approach for impairment, information is disclosed in notes 14 and 15 to the financial statements.

Accounts Receivable (Details)_2

Accounts Receivable (Details) - Schedule of Movements in the Allowance for Expected Credit Losses - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Movements in the Allowance for Expected Credit Losses [Abstract]
Beginning balance	$ 123,632	$ 147,800
Provision for expected credit losses	3,757
Reversals	(1,558)	(14,242)	$ (26,898)
Write off	(16,716)
Exchange realignment	536	(9,926)
Ending Balance	$ 109,651	$ 123,632	$ 147,800

Accounts Receivable (Details)_3

Accounts Receivable (Details) - Schedule of Information About the Credit Risk Exposure on the Group’s Accounts Receivable using a Provision Matrix - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Information About the Credit Risk Exposure on the Group’s Accounts Receivable using a Provision Matrix [Line Items]
Expected credit loss rate	0.63%	1.26%
Gross carrying amount	$ 17,346,035	$ 9,807,667
Expected credit loss	$ 109,651	$ 123,632
Current to 6 months past due [Member]
Schedule of Information About the Credit Risk Exposure on the Group’s Accounts Receivable using a Provision Matrix [Line Items]
Expected credit loss rate	0.02%	0.01%
Gross carrying amount	$ 16,889,341	$ 9,563,470
Expected credit loss	$ 3,606	$ 617
Over 6 months past due [Member]
Schedule of Information About the Credit Risk Exposure on the Group’s Accounts Receivable using a Provision Matrix [Line Items]
Expected credit loss rate	23.22%	50.38%
Gross carrying amount	$ 456,694	$ 244,197
Expected credit loss	$ 106,045	$ 123,015

Contract Assets (Details) - Sch

Contract Assets (Details) - Schedule of Contract Assets - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Jan. 01, 2022
Contract assets arising from:
Total contract assets	$ 16,024,969	$ 11,140,109	$ 8,606,072
Internet leads generation and marketing service income [Member]
Contract assets arising from:
Total contract assets	15,997,795	11,082,660	8,181,444
Marketing and events income [Member]
Contract assets arising from:
Total contract assets	$ 27,174	$ 57,449	$ 424,628

Prepayments, Deposits and Oth_3

Prepayments, Deposits and Other Receivables (Details) - Schedule of Prepayments, Deposits and Other Receivables - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Prepayments, Deposits and Other Receivables [Abstract]
Prepayments	$ 3,389,557	$ 2,414,189
Deposits and other receivables	1,491,886	1,238,685
Total	4,881,443	3,652,874
Portion classified as non-current	(26,072)	(128,927)
Current portion	$ 4,855,371	$ 3,523,947

Cash and Cash Equivalents and_3

Cash and Cash Equivalents and Pledged Bank Deposits (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Cash and Cash Equivalents and Pledged Bank Deposits [Abstract]
Restricted bank deposits	$ 34,986	$ 34,542

Cash and Cash Equivalents and_4

Cash and Cash Equivalents and Pledged Bank Deposits (Details) - Schedule of Cash and Cash Equivalents and Pledged Bank Deposits - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Cash and Cash Equivalents and Pledged Bank Deposits [Abstract]
Cash and bank balances	$ 14,152,465	$ 24,077,695
Time deposits	54,677,296	195,883
Total	68,829,761	24,273,578
Less: Pledged bank deposits	(188,745)	(195,883)
Cash and cash equivalents	$ 68,641,016	$ 24,077,695	$ 9,190,286	$ 17,610,635

Other Payables and Accruals (De

Other Payables and Accruals (Details) - Schedule of Other Payables and Accruals - USD ($)		Dec. 31, 2023		Dec. 31, 2022		Jan. 01, 2022
Schedule of Other Payables and Accruals [Abstract]
Liabilities incurred for long-term employee benefits	[1]			$ 208,698
Other payables	[2]	5,089,409		2,107,490
Accruals		2,979,578		4,143,841
Contract liabilities		1,312,735	[3]	301,986	[3]	$ 568,354
Total		$ 9,381,722		$ 6,553,317
[1]The terms of all outstanding awards granted under the Group’s Value Creation Plan were modified in 2023 such that they will be settled by a fixed number of the Company’s ordinary shares and as a result, the outstanding awards have been reclassified to equity during the year.[2] Other payables are non-interest-bearing and are normally settled on 30 to 120-day terms. Details of contract liabilities are as follows:

Other Payables and Accruals (_2

Other Payables and Accruals (Details) - Schedule of Contract Liabilities - USD ($)	Dec. 31, 2023		Dec. 31, 2022		Jan. 01, 2022
Contract liabilities arising from:
Contract liabilities	$ 1,312,735	[1]	$ 301,986	[1]	$ 568,354
Internet leads generation and marketing service income [Member]
Contract liabilities arising from:
Contract liabilities	1,256,307		225,632		425,897
Marketing and events income [Member]
Contract liabilities arising from:
Contract liabilities	$ 56,428		$ 76,354		$ 142,457
[1] Details of contract liabilities are as follows:

Convertible Loans (Details)

Convertible Loans (Details) - USD ($)			12 Months Ended
	Apr. 27, 2022	Aug. 10, 2020	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Oct. 14, 2022	Oct. 14, 2021
Disclosure of detailed information about borrowings [line items]
Issued convertible loan (in Dollars)		$ 4,000,000	$ 51,349,984
Maturity date	4 years	12 months
Percentage of coupon rate		12%
Outstanding loan (in Dollars)			10,000
Convertible loan (in Dollars)	$ 37,017,318
Additional cash proceeds (in Dollars)			$ 5,000,000	$ 22,397,271
Extended convertible loan [Member]
Disclosure of detailed information about borrowings [line items]
Establishment fee							20%
Principal of loan payable							3%
Convertible Loan [Member]
Disclosure of detailed information about borrowings [line items]
Convertible loan issued (in Dollars)	19,383,318
Additional cash proceeds (in Dollars)	$ 12,656,069
2022 Convertible Loan [Member] | Preference shares [member]
Disclosure of detailed information about borrowings [line items]
Converted Preference Share (in Shares)						4,758,252
First Anniversary [Member]
Disclosure of detailed information about borrowings [line items]
Percentage of coupon rate	9%
Second Anniversary [Member]
Disclosure of detailed information about borrowings [line items]
Percentage of coupon rate	10%
Third Anniversary [Member]
Disclosure of detailed information about borrowings [line items]
Percentage of coupon rate	11%
Fourth Anniversary [Member]
Disclosure of detailed information about borrowings [line items]
Percentage of coupon rate	12%

Convertible Loans (Details) - S

Convertible Loans (Details) - Schedule of Extended Convertible Loan	12 Months Ended
	Dec. 31, 2022 USD ($)
Extended Convertible Loan - liability component [Member] | Liability Component [Member]
Schedule of Extended Convertible Loan [Line Items]
Balance at beginning	$ 4,294,265
Finance costs	506,327
Extinguished during the year	(4,800,592)
Balance at ending
Extended Convertible Loan - derivative component [Member] | Derivative Component [Member]
Schedule of Extended Convertible Loan [Line Items]
Balance at beginning	589,731
Change in fair value	145,957
Extinguished during the year	(735,688)
Balance at ending

Convertible Loans (Details) -_2

Convertible Loans (Details) - Schedule of Convertible Loan	12 Months Ended
	Dec. 31, 2022 USD ($)
2022 Convertible Loan - Liability Component [Member]
Schedule of 2022 Convertible Loan [Line Items]
Balance at beginning
Issued during the year	26,993,304
Finance costs	2,387,723
Converted during the year	(29,381,027)
Balance at ending
2022 Convertible Loan - Derivative Component [Member]
Schedule of 2022 Convertible Loan [Line Items]
Balance at beginning
On initial recognition	10,024,014
Change in fair value	158,548
Exercised during the year	(10,182,562)
Balance at ending

Convertible Loans (Details) -_3

Convertible Loans (Details) - Schedule of Option Pricing Model to Determine Fair Values of the Derivative Components - Convertible Loan [Member]	12 Months Ended
	Dec. 31, 2022
Schedule of Fair Values of the Derivative Components [Line Items]
Volatility	62%
Dividend yield
Bottom of range [member]
Schedule of Fair Values of the Derivative Components [Line Items]
Risk-free rate	2.80%
Top of range [member]
Schedule of Fair Values of the Derivative Components [Line Items]
Risk-free rate	4.50%

Interest-Bearing Borrowings (De

Interest-Bearing Borrowings (Details) - USD ($)		12 Months Ended
	Sep. 28, 2021	Dec. 31, 2023	Oct. 12, 2023	Dec. 31, 2022
Interest-Bearing Borrowings [Line Items]
Bridge loan		$ 10,000
Amount of shareholder contribution	$ 6,000,000	17,400,000
Percentage of facility fee paid upfront	3%
Percentage of facility fee on exit premium	20%
Issued loan notes		$ 22,397,271
Coupon rate		25%
Maturity period		5 years
Loan		$ 5,000,000	$ 5,000,000
Carrying amount				$ 9,299,000
Loan Commitment [Member]
Interest-Bearing Borrowings [Line Items]
Bridge loan	$ 26,000,000

Interest-Bearing Borrowings (_2

Interest-Bearing Borrowings (Details) - Schedule of Bridge Loan - Liability Component	12 Months Ended
	Dec. 31, 2022 USD ($)
Schedule of Bridge Loan - Liability Component [Abstract]
Beginning balance	$ 12,274,215
Drawdown during the year	6,756,665
Finance costs	4,074,175
Repaid during the year	(7,374,346)
Settled during the year	(15,730,709)
Ending balance

Interest-Bearing Borrowings (_3

Interest-Bearing Borrowings (Details) - Schedule of Bridge Loan - Derivative Component	12 Months Ended
	Dec. 31, 2022 USD ($)
Schedule of Bridge Loan - Derivative Component [Abstract]
Opening balance	$ 1,551,677
On initial recognition	842,181
Change in fair value	835,433
Exercised during the year	(3,229,291)
Ending balance

Interest-Bearing Borrowings (_4

Interest-Bearing Borrowings (Details) - Schedule of Loan Notes – Liability Component - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Loan Notes Liability Component [Abstract]
Beginning balance	$ 8,745,192
Issued during the year	5,000,000	7,959,134
Finance costs	18,975,635	786,058
Repayment during the year	(32,720,827)
Ending balance		$ 8,745,192

Interest-Bearing Borrowings (_5

Interest-Bearing Borrowings (Details) - Schedule of Freestanding Derivative - Option for Additional Subscription of Loan Notes - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Freestanding Derivatives for Additional Subscription Options [Abstract]
Beginning balance	$ 2,796,131
On initial recognition		2,796,131
Change in fair value	9,536,904
Exercised during the year	(12,333,035)
Ending balance		$ 2,796,131

Interest-Bearing Borrowings (_6

Interest-Bearing Borrowings (Details) - Schedule of Binomial Option Pricing Model to Determine the Fair Value of the Option for Additional Subscription	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Following Table Lists the Inputs to the Model [Line Items]
Risk-free rate		4.76%
Volatility		63%
Dividend yield
Option Pricing Model [Member]
Schedule of Following Table Lists the Inputs to the Model [Line Items]
Dividend yield
Bottom of range [member]
Schedule of Following Table Lists the Inputs to the Model [Line Items]
Risk-free rate	3.49%	4.06%
Volatility	60%	61%
Bottom of range [member] | Option Pricing Model [Member]
Schedule of Following Table Lists the Inputs to the Model [Line Items]
Risk-free rate		4.06%
Volatility		61%
Top of range [member]
Schedule of Following Table Lists the Inputs to the Model [Line Items]
Risk-free rate	3.87%	4.33%
Volatility	62%	62%
Top of range [member] | Option Pricing Model [Member]
Schedule of Following Table Lists the Inputs to the Model [Line Items]
Risk-free rate		4.33%
Volatility		62%
Upon Exercise [Member]
Schedule of Following Table Lists the Inputs to the Model [Line Items]
Risk-free rate		4.76%
Volatility		63%
Dividend yield

Warrant Liabilities (Details)

Warrant Liabilities (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 21, 2022	Oct. 14, 2022	Dec. 31, 2021
Warrant Liabilities [Line Items]
Warrant issued	26,282,971			4,013,516
Exercise price per (in Dollars per share)	$ 0.0001			$ 8.9697
Ordinary shares		1,448,229			215,982
Volatility had increased/decreased		1%
Increase/decrease in the fair value of warrants (in Dollars)	$ 9,536,904
Public Warrant and Sponsor Warrant [Member]
Warrant Liabilities [Line Items]
Warrants with carrying amount (in Dollars)	$ 568,162
Top Range [Member[
Warrant Liabilities [Line Items]
Increase/decrease in the fair value of warrants (in Dollars)		50,345
Bottom Range [Member]
Warrant Liabilities [Line Items]
Increase/decrease in the fair value of warrants (in Dollars)		$ 48,659
Public Warrants [Member]
Warrant Liabilities [Line Items]
Warrants	19,833,035
Sponsor [Member]
Warrant Liabilities [Line Items]
Exercise price per (in Dollars per share)	$ 11.5
Warrants	6,449,936
Class A-1 Warrants [Member]
Warrant Liabilities [Line Items]
Warrant issued				12,040,542
Exercise price per (in Dollars per share)				$ 2.9899
Class A-2 Warrants [Member]
Warrant Liabilities [Line Items]
Warrant issued				4,013,516
Exercise price per (in Dollars per share)				$ 5.9798
Class A Ordinary Shares [Member]
Warrant Liabilities [Line Items]
Ordinary shares				20,067,574
Number of share subscribed				0.307212
Class C Warrants [Member]
Warrant Liabilities [Line Items]
Warrant issued			8,349,958	8,349,958
Exercise price per (in Dollars per share)			$ 0.0001	$ 0.0001
Class A Warrants [Member]
Warrant Liabilities [Line Items]
Warrant issued				8,848,000
Exercise price per (in Dollars per share)				$ 208,891

Warrant Liabilities (Details) -

Warrant Liabilities (Details) - Schedule of Warrant Liabilities - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
CGCL Class A Warrants [Member]
Schedule of Warrant Liabilities [Line Items]
Balance at beginning	$ 807,139
Issued during the year		845,593
Change in fair value	11,242,507	(38,454)
Exercised during the year
Reclassified to equity upon Capital Reorganization	(12,049,646)
Balance at ending		807,139
Issuance of warrants upon the Capital Reorganization
CGCL Class C Warrants [Member]
Schedule of Warrant Liabilities [Line Items]
Balance at beginning	11,642,006
Issued during the year		11,642,006
Change in fair value	39,707,978
Exercised during the year	(51,349,984)
Balance at ending		11,642,006
Issuance of warrants upon the Capital Reorganization
The Company’s Public Warrants [Member]
Schedule of Warrant Liabilities [Line Items]
Balance at beginning
Issued during the year
Change in fair value	(2,379,964)
Exercised during the year
Balance at ending	1,388,313
Issuance of warrants upon the Capital Reorganization	3,768,277
The Company’s Sponsor Warrants [Member]
Schedule of Warrant Liabilities [Line Items]
Balance at beginning
Issued during the year
Change in fair value	(773,993)
Exercised during the year
Balance at ending	451,495
Issuance of warrants upon the Capital Reorganization	1,225,488
Total [Member]
Schedule of Warrant Liabilities [Line Items]
Balance at beginning	12,449,145
Issued during the year		12,487,599
Change in fair value	47,796,528	(38,454)
Exercised during the year	(51,349,984)
Reclassified to equity upon Capital Reorganization	(12,049,646)
Balance at ending	1,839,808	$ 12,449,145
Issuance of warrants upon the Capital Reorganization	$ 4,993,765

Warrant Liabilities (Details)_2

Warrant Liabilities (Details) - Schedule of Inputs to the Models used to Determine the Fair Value of Class A Warrants	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Inputs to the Models used to Determine the Fair Value of Class A Warrants [Line Items]
Risk-free rate (%)		4.76%
Volatility (%)		63%
Dividend yield (%)
Bottom of Range [Member]
Schedule of Inputs to the Models used to Determine the Fair Value of Class A Warrants [Line Items]
Risk-free rate (%)	3.49%	4.06%
Volatility (%)	60%	61%
Top of Range [Member]
Schedule of Inputs to the Models used to Determine the Fair Value of Class A Warrants [Line Items]
Risk-free rate (%)	3.87%	4.33%
Volatility (%)	62%	62%

Provisions (Details) - Schedule

Provisions (Details) - Schedule of Provisions - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Provisions Abstract
Provision for reinstatement costs	$ 71,872	$ 100,483
Provision for defined benefit obligations	194,260	101,913	$ 115,532
As at December 31	266,132	202,396
As at January 1	100,483	68,733
Additional provision		26,327
Remeasurement of lease modifications		2,231
Settled during the year	(31,782)
Increase in discounted amounts arising from the passage of time	4,009	4,184
Exchange realignment	(838)	(992)
As at December 31	71,872	100,483
Portion classified as current liabilities	(71,872)	(66,118)
Non-current portion		$ 34,365

Provisions (Details) - Schedu_2

Provisions (Details) - Schedule of Principal Actuarial Assumptions	Dec. 31, 2023	Dec. 31, 2022
Schedule of Principal Actuarial Assumptions [Line Items]
Expected rate of salary increases (%)	6%	6%
Bottom of range [member]
Schedule of Principal Actuarial Assumptions [Line Items]
Discount rate (%)	6.15%	7.39%
Top of range [member]
Schedule of Principal Actuarial Assumptions [Line Items]
Discount rate (%)	6.19%	7.41%

Provisions (Details) - Schedu_3

Provisions (Details) - Schedule of Quantitative Sensitivity Analysis for Significant Assumptions - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Increase in Rate [Member]
Schedule of Quantitative Sensitivity Analysis for Significant Assumptions [Line Items]
Discount rate, Increase/(decrease) in rate	1%	1%
Future annual salary increases, Increase/(decrease) in rate	1%	1%
Increase in defined benefit obligations [Member]
Schedule of Quantitative Sensitivity Analysis for Significant Assumptions [Line Items]
Discount rate, Increase/(decrease) in defined benefit obligations	$ (34,297)	$ (17,571)
Future annual salary increases, Increase/(decrease) in defined benefit obligations	$ 43,349	$ 22,477
Decrease in Rate [Member]
Schedule of Quantitative Sensitivity Analysis for Significant Assumptions [Line Items]
Discount rate, Increase/(decrease) in rate	1%	1%
Future annual salary increases, Increase/(decrease) in rate	1%	1%
Decrease in defined benefit obligations [Member]
Schedule of Quantitative Sensitivity Analysis for Significant Assumptions [Line Items]
Discount rate, Increase/(decrease) in defined benefit obligations	$ 43,440	$ 22,380
Future annual salary increases, Increase/(decrease) in defined benefit obligations	$ (34,637)	$ (17,927)

Provisions (Details) - Schedu_4

Provisions (Details) - Schedule of Total Expenses Recognized in the Consolidated Statements of Loss and Other Comprehensive (Loss)/Income - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Total Expenses Recognised in the Consolidated Statement of Profit or Loss [Abstract]
Current service cost	$ 49,109	$ 69,689	$ 152,091
Interest cost	7,563	5,687	4,188
Net benefit expenses recognized in general, administrative and other operating expenses	$ 56,672	$ 75,376	$ 156,279

Provisions (Details) - Schedu_5

Provisions (Details) - Schedule of Defined Benefit Obligations Classified as Non-Current Liabilities - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule Of Defined Benefit Obligations Classified As Non Current Liabilities Abstract
At January 1	$ 101,913	$ 115,532
Current service cost	49,109	69,689
Interest cost	7,563	5,687
Benefits paid		(14,402)
Remeasurement losses/(gains) credited to other comprehensive (loss)/income arising from:
Changes in financial assumptions	41,325	(37,030)
Experience adjustments	(6,440)	(28,221)
Exchange realignment	790	(9,342)
At December 31	$ 194,260	$ 101,913

Deferred Taxation (Details) - S

Deferred Taxation (Details) - Schedule of Deferred Tax Liabilities - USD ($)		12 Months Ended
	Dec. 31, 2021	Dec. 31, 2023	Dec. 31, 2022
Schedule of Deferred Tax Liabilities [Line Items]
Balance	$ (296,535)
Effect of adoption of amendments to IAS 12	(71,874)
Balance beginning		$ (158,618)	$ (368,409)
Deferred tax credited/(charged) to profit or loss (restated)		69,879	229,613
Deferred tax charged to other comprehensive (loss)/income		4,920	(23,148)
Exchange realignment (restated)		(461)	3,326
Balance ending	(368,409)	(84,280)	(158,618)
Provision for defined benefit obligations [Member]
Schedule of Deferred Tax Liabilities [Line Items]
Balance	(8,601)
Effect of adoption of amendments to IAS 12
Balance beginning		(30,459)	(8,601)
Deferred tax credited/(charged) to profit or loss (restated)
Deferred tax charged to other comprehensive (loss)/income		4,920	(23,148)
Exchange realignment (restated)		(16)	1,290
Balance ending	(8,601)	(25,555)	(30,459)
Fair value adjustments arising from acquisition of a subsidiary [Member]
Schedule of Deferred Tax Liabilities [Line Items]
Balance	(284,338)
Effect of adoption of amendments to IAS 12
Balance beginning			(284,338)
Deferred tax credited/(charged) to profit or loss (restated)			281,791
Deferred tax charged to other comprehensive (loss)/income
Exchange realignment (restated)			2,547
Balance ending	(284,338)
Depreciation allowance in excess of related depreciation [Member]
Schedule of Deferred Tax Liabilities [Line Items]
Balance	(3,596)
Effect of adoption of amendments to IAS 12
Balance beginning		(5,081)	(3,596)
Deferred tax credited/(charged) to profit or loss (restated)		1,360	(1,496)
Deferred tax charged to other comprehensive (loss)/income
Exchange realignment (restated)		4	11
Balance ending	(3,596)	(3,717)	(5,081)
Right-of-use assets [Member]
Schedule of Deferred Tax Liabilities [Line Items]
Balance
Effect of adoption of amendments to IAS 12	(71,874)
Balance beginning		(123,078)	(71,874)
Deferred tax credited/(charged) to profit or loss (restated)		68,519	(50,682)
Deferred tax charged to other comprehensive (loss)/income
Exchange realignment (restated)		(449)	(522)
Balance ending	$ (71,874)	$ (55,008)	$ (123,078)

Deferred Taxation (Details) -_2

Deferred Taxation (Details) - Schedule of Deferred Tax Assets - Lease liabilities [Member] - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Deferred Tax Assets [Line Items]
Balance	$ 123,078	$ 71,874
Deferred tax credited to profit or loss (restated)	(68,519)	50,682
Exchange realignment (restated)	449	522
Gross deferred tax assets	$ 55,008	$ 123,078	71,874
Effect of adoption of amendments to IAS 12			$ 71,874

Deferred Taxation (Details) -_3

Deferred Taxation (Details) - Schedule of Analysis of the Deferred Tax Balances - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Deferred Tax Assets and Liabilities in Financial Position [Abstract]
Net deferred tax assets recognized in the consolidated statement of financial position
Net deferred tax liabilities recognized in the consolidated statement of financial position	$ 29,272	$ 35,540

Share Capital (Details)

Share Capital (Details)		12 Months Ended
	Dec. 21, 2022 shares	Dec. 31, 2023 USD ($) $ / shares shares	Nov. 06, 2023 $ / shares	Dec. 31, 2022 shares	Oct. 14, 2022 shares	Dec. 31, 2021 shares
Share Capital (Details) [Line Items]
Number of shares outstanding				1,448,229		215,982
Exchange ratio of share		0.307212
Deed poll amount (in Dollars) | $		$ 5,000,000
Interest rate		25%
Consideration amount (in Dollars) | $		$ 2,005,460
Subscribed call option notes (in Dollars) | $		5,000,000
Aggregate principal amount (in Dollars) | $		5,000,000
Cash settlement option (in Dollars) | $		$ 500,000
Warrant issued				4,758,252
Shares, par value (in Dollars per share) | $ / shares		$ 0.0001	$ 0.0001
Dividend rate		3%
Preference Shares [Member]
Share Capital (Details) [Line Items]
Share issued		142,032
Capital reorganization		4,450,419
Exchange of shares		14,486,506
Warrants [Member]
Share Capital (Details) [Line Items]
Warrant issued					6,165,000
Class A Ordinary Shares [Member]
Share Capital (Details) [Line Items]
Number of shares outstanding					20,067,574
Share issued		325,000
Warrant issued					6,165,000
Class A Ordinary Shares [Member] | Seed Preference Shares [Member]
Share Capital (Details) [Line Items]
Share issued				815,700
Class B Ordinary Shares [Member]
Share Capital (Details) [Line Items]
Warrant issued		632,529
Class C Warrants [Member]
Share Capital (Details) [Line Items]
Warrant issued	4,410,486				3,939,472
warrant creation					7,388,525
Additional warrants	1,203,159
Class C Ordinary Shares [Member]
Share Capital (Details) [Line Items]
Warrant issued					3,939,472
Warrant subscribed	1,203,159
Class C Ordinary Shares [Member] | Loan Note [Member]
Share Capital (Details) [Line Items]
Warrant subscribed	4,410,486
Ordinary shares [member]
Share Capital (Details) [Line Items]
Capital reorganization		10,254,474
Exchange of shares		33,379,256

Share Capital (Details) - Sched

Share Capital (Details) - Schedule of Movements of Share Capital - shares		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance		6,206,481	815,700
Shares issued for settlement of 2022 Convertible Loans (note (f))			4,758,252
Shares issued for equity-settled transactions (note (g))			632,529
Scrip dividend for Preference Shares (note (a))		142,032
Shares issued pursuant to share-based payment arrangement		8,726
Shares issued upon exercise of Class C warrants (note 22)		8,349,958
Repurchase and cancellation of Old Class A Ordinary Shares		(2,304)
Capital Reorganization - Shares issued to acquire net assets of Bridgetown (note 27)		24,966,972
Shares issued upon the exercise of call option for loan notes (note (c))		2,005,460
Share issued for settlement of expenses (note (d))		325,000
Balance		42,002,325	6,206,481
Class A Ordinary Shares [Member]
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance
Repurchase and cancellation of Old Class A Ordinary Shares
Capital Reorganization - Share Exchange (note (b))		10,254,474
Capital Reorganization - Shares issued to acquire net assets of Bridgetown (note 27)		10,092,134
Shares issued upon the exercise of call option for loan notes (note (c))		2,005,460
Share issued for settlement of expenses (note (d))		325,000
Conversion of Class B Ordinary shares to Class A Ordinary Shares		1,620,000
Conversion of Preference Shares to Class A Ordinary Shares		983,599
Balance		25,280,667
Class B Ordinary Shares [Member]
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance
Repurchase and cancellation of Old Class A Ordinary Shares
Capital Reorganization - Shares issued to acquire net assets of Bridgetown (note 27)		14,874,838
Conversion of Class B Ordinary shares to Class A Ordinary Shares		(1,620,000)
Balance		13,254,838
Old Class A Ordinary Shares [Member]
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance		815,700
2022 Share Exchange (note (e))			815,700
Conversion of Preference Shares to Old Class A Ordinary Shares		449,865
Shares issued pursuant to share-based payment arrangement		8,726
Repurchase and cancellation of Old Class A Ordinary Shares		(2,304)
Capital Reorganization - Share Exchange (note (b))		(1,271,987)
Balance			815,700
Old Class B Ordinary Shares [Member]
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance		632,529
Shares issued for equity-settled transactions (note (g))			632,529
Repurchase and cancellation of Old Class A Ordinary Shares
Capital Reorganization - Share Exchange (note (b))		(632,529)
Balance			632,529
Class C Ordinary Shares [Member]
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance
Shares issued upon exercise of Class C warrants (note 22)		8,349,958
Repurchase and cancellation of Old Class A Ordinary Shares
Capital Reorganization - Share Exchange (note (b))		(8,349,958)
Balance
Preference Shares [Member]
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance		4,758,252
Shares issued for settlement of 2022 Convertible Loans (note (f))			4,758,252
Scrip dividend for Preference Shares (note (a))		142,032
Conversion of Preference Shares to Old Class A Ordinary Shares		(449,865)
Repurchase and cancellation of Old Class A Ordinary Shares
Conversion of Preference Shares to Class A Ordinary Shares		(983,599)
Balance		3,466,820	4,758,252
Old Class C Ordinary Shares [Member]
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance
Balance
Ordinary Share [Member]
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance	[1]		215,982
2022 Share Exchange (note (e))	[1]		(215,982)
Shares issued for settlement of 2022 Convertible Loans (note (f))	[1]
Shares issued for equity-settled transactions (note (g))	[1]
Balance	[1]
Seed Preference Shares [Member]
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance	[1]		60,182
2022 Share Exchange (note (e))	[1]		(60,182)
Shares issued for settlement of 2022 Convertible Loans (note (f))	[1]
Shares issued for equity-settled transactions (note (g))	[1]
Balance	[1]
Series A Preference Shares [Member]
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance	[1]		296,076
2022 Share Exchange (note (e))	[1]		(296,076)
Shares issued for settlement of 2022 Convertible Loans (note (f))	[1]
Shares issued for equity-settled transactions (note (g))	[1]
Balance	[1]
Series B Preference Shares [Member]
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance	[1]		182,024
2022 Share Exchange (note (e))	[1]		(182,024)
Shares issued for settlement of 2022 Convertible Loans (note (f))	[1]
Shares issued for equity-settled transactions (note (g))	[1]
Balance	[1]
Series B-1 Preference Shares [Member]
Share Capital (Details) - Schedule of Movements of Share Capital [Line Items]
Balance	[1]		61,436
2022 Share Exchange (note (e))	[1]		(61,436)
Shares issued for settlement of 2022 Convertible Loans (note (f))	[1]
Shares issued for equity-settled transactions (note (g))	[1]
Balance	[1]
[1]Pursuant to a written shareholders’ resolution passed on December 21, 2022, the Ordinary Shares, Seed Preference Shares, Series A Preference Shares, Series B Preferences Shares and Series B-1 Preference Shares were cancelled.

Share Capital (Details) - Sch_2

Share Capital (Details) - Schedule of Share Capital of the Company - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Authorised [Member]
Authorized:
Ordinary Shares value	$ 50,000	$ 17,000
Authorised [Member] | Class A Ordinary Shares [Member]
Authorized:
Ordinary Shares value	44,000
Authorised [Member] | Class B Ordinary Shares [Member]
Authorized:
Ordinary Shares value	5,000
Authorised [Member] | Preference Shares [Member]
Authorized:
Ordinary Shares value	1,000
Authorised [Member] | Old Class A Ordinary Shares [Member]
Authorized:
Ordinary Shares value		9,590
Authorised [Member] | Old Class B Ordinary Shares [Member]
Authorized:
Ordinary Shares value		210
Authorised [Member] | Old Class C Ordinary Shares [Member]
Authorized:
Ordinary Shares value		3,770
Authorised [Member] | Old Class D Ordinary Shares [Member]
Authorized:
Ordinary Shares value		1,830
Authorised [Member] | Preference Shares [Member]
Authorized:
Ordinary Shares value		1,600
Issued and fully paid [Member]
Authorized:
Ordinary Shares value	4,200	2,020
Issued and fully paid [Member] | Class A Ordinary Shares [Member]
Authorized:
Ordinary Shares value	2,528
Issued and fully paid [Member] | Class B Ordinary Shares [Member]
Authorized:
Ordinary Shares value	1,325
Issued and fully paid [Member] | Preference Shares [Member]
Authorized:
Ordinary Shares value	347
Issued and fully paid [Member] | Old Class A Ordinary Shares [Member]
Authorized:
Ordinary Shares value		265
Issued and fully paid [Member] | Old Class B Ordinary Shares [Member]
Authorized:
Ordinary Shares value		206
Issued and fully paid [Member] | Preference Shares [Member]
Authorized:
Ordinary Shares value		$ 1,549

Share Capital (Details) - Sch_3

Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) - shares	Dec. 31, 2023	Dec. 31, 2022
Authorised [Member] | Class A Ordinary Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares authorized	440,000,000	440,000,000
Authorised [Member] | Class B Ordinary Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares authorized	50,000,000	50,000,000
Authorised [Member] | Preference Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares authorized	10,000,000	10,000,000
Authorised [Member] | Old Class A Ordinary Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares authorized	29,461,631	29,461,631
Authorised [Member] | Old Class B Ordinary Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares authorized	645,145	645,145
Authorised [Member] | Old Class C Ordinary Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares authorized	11,581,892	11,581,892
Authorised [Member] | Old Class D Ordinary Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares authorized	5,621,980	5,621,980
Authorised [Member] | Preference Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares authorized	4,915,392	4,915,392
Issued and fully paid [Member] | Class A Ordinary Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares Issued and fully paid	25,280,667	25,280,667
Issued and fully paid [Member] | Class B Ordinary Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares Issued and fully paid	13,254,838	13,254,838
Issued and fully paid [Member] | Preference Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares Issued and fully paid	3,466,820	3,466,820
Issued and fully paid [Member] | Old Class A Ordinary Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares Issued and fully paid	815,700	815,700
Issued and fully paid [Member] | Old Class B Ordinary Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares Issued and fully paid	632,529	632,529
Issued and fully paid [Member] | Preference Shares [Member]
Share Capital (Details) - Schedule of Share Capital of the Company (Parentheticals) [Line Items]
Ordinary shares, shares Issued and fully paid	4,758,252	4,758,252

Share-Based Payments (Details)

Share-Based Payments (Details) - USD ($)		12 Months Ended
	Nov. 06, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2015	Dec. 16, 2022	Oct. 14, 2022
Share-Based Payments [Line Items]
Share options vest				10 years
Employee benefit expenses (in Dollars)			$ 6,023,000
Share Options Term					10 years
Share option vested					50%
Share option unvested					50%
Expected dividend
Contractual lives		10 years
Price per share (in Dollars per share)	$ 0.0001	$ 0.0001
Non-cash consideration (in Dollars)			$ 882,115
Fair value of services received (in Dollars)	$ 500,000
Class B Ordinary Shares [Member]
Share-Based Payments [Line Items]
Shares isued (in Shares)		14,874,838
Class A Ordinary Shares [Member]
Share-Based Payments [Line Items]
Shares isued (in Shares)		10,092,134
Capital Market Advisory Service [Member] | Class A Ordinary Shares [Member]
Share-Based Payments [Line Items]
Shares isued (in Shares)	325,000
Bottom of Range [Member]
Share-Based Payments [Line Items]
Share options vest				1 year
Contractual lives		2 years 9 months
Top of Range [Member]
Share-Based Payments [Line Items]
Share options vest				5 years
Contractual lives		3 years
Share Compensation [Member] | Class B Ordinary Shares [Member]
Share-Based Payments [Line Items]
Shares isued (in Shares)						632,528
Price per share (in Dollars per share)						$ 0.0001

Share-Based Payments (Details)

Share-Based Payments (Details) - Schedule of Old Share Options held by key management personnel	12 Months Ended
	Dec. 31, 2023 $ / shares shares	Dec. 31, 2022 $ / shares shares
Schedule of Options held by Key Personnel [Abstract]
Weighted average exercise price per share, beginning		$ 86.44
Number of options, beginning		144,797
Weighted average exercise price per share, Granted during the year	$ 0.0001
Number of options, Granted during the year	3,188,929
Weighted average exercise price per share, Cancelled during the year	$ 0.0001	$ 86.44
Number of options, Cancelled during the year (in Shares) | shares	(75,431)	(144,797)
Weighted average exercise price per share, Forfeited during the year	$ 0.0001
Number of options, Forfeited during the year	(233,927)
Weighted average exercise price per share, ending	$ 0.0001
Number of options, ending	2,879,571

Share-Based Payments (Details_2

Share-Based Payments (Details) - Schedule of Range of Exercise Prices and the Remaining Contractual Life	12 Months Ended
	Dec. 31, 2023 $ / shares	Dec. 31, 2022	Oct. 14, 2022 $ / shares	Dec. 31, 2021
Schedule of Range of Exercise Prices and the Remaining Contractual Life [Line Items]
Remaining contractual life (years)	10 years
Range of exercise prices per share (in Dollars per share)	$ 0.0001		$ 8.9697
Number of Share Options	2,879,571			144,797
Bottom of Range [Member]
Schedule of Range of Exercise Prices and the Remaining Contractual Life [Line Items]
Remaining contractual life (years)	2 years 9 months
Top of Range [Member]
Schedule of Range of Exercise Prices and the Remaining Contractual Life [Line Items]
Remaining contractual life (years)	3 years

Share-Based Payments (Details_3

Share-Based Payments (Details) - Schedule of Share Options Granted - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Share Options Granted [Line Items]
Dividend yield (%)
Risk-free interest rate (%)		4.76%
Exit rate (%)	25%
Volatility (%)		63%
Expected life of options (years)	10 years
Bottom of Range [Member]
Schedule of Share Options Granted [Line Items]
Risk-free interest rate (%)	3.49%	4.06%
Exercise multiples (%)	220%
Volatility (%)	60%	61%
Expected life of options (years)	2 years 9 months
Fair value of underlying Ordinary Share (US$ per share) (in Dollars per share)	$ 0.43
Top of Range [Member]
Schedule of Share Options Granted [Line Items]
Risk-free interest rate (%)	3.87%	4.33%
Exercise multiples (%)	280%
Volatility (%)	62%	62%
Expected life of options (years)	3 years
Fair value of underlying Ordinary Share (US$ per share) (in Dollars per share)	$ 1.82

Capital Reorganization (Details

Capital Reorganization (Details)	12 Months Ended
	Dec. 31, 2023 USD ($) shares
Capital Reorganization [Line Items]
Warrants issued	26,282,971
Professional services expenditure (in Dollars) | $	$ 6,643,367
Class A Ordinary Shares [Member]
Capital Reorganization [Line Items]
Ordinary shares	10,092,134
Bridgetown’s Sponsor [Member]
Capital Reorganization [Line Items]
Ordinary shares	451,839
Working capital loans (in Dollars) | $	$ 4,518,390

Capital Reorganization (Detai_2

Capital Reorganization (Details) - Schedule of Fair Value of Bridgetown's Identifiable Net Assets Acquired	12 Months Ended
	Dec. 31, 2023 USD ($)
Schedule of Fair Value of Bridgetown's Identifiable Net Assets Acquired [Line Items]
Net identifiable assets acquired	$ 86,519,700
Less: Fair Value of consideration comprising
Total Fair value of consideration	153,546,878
Share-based payment on listing	67,027,178
Cash [Member]
Schedule of Fair Value of Bridgetown's Identifiable Net Assets Acquired [Line Items]
Net identifiable assets acquired	46,783
Cash held in Trust Account [Member]
Schedule of Fair Value of Bridgetown's Identifiable Net Assets Acquired [Line Items]
Net identifiable assets acquired	91,466,681
Warrant liabilities [Member]
Schedule of Fair Value of Bridgetown's Identifiable Net Assets Acquired [Line Items]
Net identifiable assets acquired	(4,993,764)
Class A ordinary shares [Member]
Less: Fair Value of consideration comprising
Total Fair value of consideration	62,066,624
Class B ordinary shares [Member]
Less: Fair Value of consideration comprising
Total Fair value of consideration	$ 91,480,254

Capital Reorganization (Detai_3

Capital Reorganization (Details) - Schedule of Fair Value of Bridgetown's Identifiable Net Assets Acquired (Parentheticals)	Dec. 31, 2023 shares
Class A ordinary shares [Member]
Schedule of Fair Value of Bridgetown's Identifiable Net Assets Acquired [Line Items]
Ordinary shares	10,092,134
Class B ordinary shares [Member]
Schedule of Fair Value of Bridgetown's Identifiable Net Assets Acquired [Line Items]
Ordinary shares	14,874,838

Reserves (Details)

Reserves (Details)	12 Months Ended
	Dec. 31, 2023 USD ($)
Class A Warrants [Member]
Reserves (Details) [Line Items]
Carrying amount	$ 3,118,496

Notes to the Statements of Ca_3

Notes to the Statements of Cash Flows (Details) - Schedule of Changes in Liabilities Arising from Financing Activities - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Loan notes [Member]
Schedule of Changes in Liabilities Arising from Financing Activities [Line Items]
Beginning balance	$ 8,745,192
Changes from financing cash flows	(27,720,827)	22,397,271
Interest paid classified as operating cash flows
New leases
Remeasurement on lease modifications
Recognition of warrant liabilities		(11,642,006)
Initial recognition of derivative financial instruments		(2,796,131)
Derecognition of derivative financial instruments
Issuance of convertible loan for settlement of bridge loan
Conversion to Preference Shares
Other non-cash transactions
Finance costs accrued	18,975,635	786,058
Exchange realignment
Ending balance		8,745,192
Lease Liabilities [Member]
Schedule of Changes in Liabilities Arising from Financing Activities [Line Items]
Beginning balance	785,687	486,678	1,116,912
Changes from financing cash flows	(730,908)	(873,308)	(785,494)
Interest paid classified as operating cash flows	(48,363)	(42,130)	(48,171)
New leases	549,622	1,237,069
Remeasurement on lease modifications		(64,390)	206,250
Recognition of warrant liabilities
Initial recognition of derivative financial instruments
Derecognition of derivative financial instruments
Issuance of convertible loan for settlement of bridge loan
Conversion to Preference Shares
Other non-cash transactions
Finance costs accrued	48,363	42,130	48,171
Exchange realignment	1,660	(362)	(50,990)
Ending balance	606,061	785,687	486,678
Convertible loan [Member]
Schedule of Changes in Liabilities Arising from Financing Activities [Line Items]
Beginning balance		4,294,265	4,123,563
Changes from financing cash flows		12,656,069
Interest paid classified as operating cash flows
New leases
Remeasurement on lease modifications
Recognition of warrant liabilities
Initial recognition of derivative financial instruments		(10,024,014)	(544,327)
Derecognition of derivative financial instruments		735,688
Issuance of convertible loan for settlement of bridge loan		18,960,000
Conversion to Preference Shares		(29,381,027)
Other non-cash transactions		(135,031)
Finance costs accrued		2,894,050	715,029
Exchange realignment
Ending balance			4,294,265
Bridge loan [Member]
Schedule of Changes in Liabilities Arising from Financing Activities [Line Items]
Beginning balance		12,274,215
Changes from financing cash flows		610,000
Interest paid classified as operating cash flows
New leases
Remeasurement on lease modifications
Recognition of warrant liabilities
Initial recognition of derivative financial instruments		(842,181)
Derecognition of derivative financial instruments		3,229,291
Issuance of convertible loan for settlement of bridge loan		(18,960,000)
Conversion to Preference Shares
Other non-cash transactions		(385,500)
Finance costs accrued		4,074,175
Exchange realignment
Ending balance			12,274,215
Bridge loan [Member]
Schedule of Changes in Liabilities Arising from Financing Activities [Line Items]
Beginning balance		$ 12,274,215
Changes from financing cash flows			13,150,000
Interest paid classified as operating cash flows
Remeasurement on lease modifications
Initial recognition of derivative financial instruments			(1,418,222)
Other non-cash transactions			(394,500)
Finance costs accrued			936,937
Exchange realignment
Ending balance			$ 12,274,215

Notes to the Statements of Ca_4

Notes to the Statements of Cash Flows (Details) - Schedule of Cash Outflow for Leases included in the Statement of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Cash Outflow for Leases included in the Statement of Cash Flows [Abstract]
Within operating activities	$ 91,294	$ 199,394	$ 378,571
Within financing activities	730,908	873,308	785,494
Total	$ 822,202	$ 1,072,702	$ 1,164,065

Related Party Transactions (Det

Related Party Transactions (Details) - Schedule of Key Management Personnel on Agreed Terms Between the Relevant Parties - Related Parties [Member] - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of transactions between related parties [line items]
- Internet leads generation and marketing service income	$ 161,451	$ 197,835	$ 100,633
- Insurance commission income	695,088	93,593	3,100
- Marketing income	25,161	32,398	3,721
Equity-settled transactions included in general, administrative and other operating expenses (note 26)		882,115
Finance Costs on Bridge Loan [Member]
Disclosure of transactions between related parties [line items]
- Key management personnel		97,428	36,036
- A company controlled by a shareholder with significant influence over the Company		487,140	180,180
Finance Costs on Convertible Loans [Member]
Disclosure of transactions between related parties [line items]
- Key management personnel		77,403
- A company controlled by a shareholder with significant influence over the Company		1,679,203	715,029
Finance Costs on Loan Notes [Member]
Disclosure of transactions between related parties [line items]
- Key management personnel	152,468	1,590
- A company controlled by a shareholder with significant influence over the Company	$ 15,013,576	$ 744,727

Financial Instruments by Cate_3

Financial Instruments by Category (Details) - Schedule of Financial Assets at Amortized Cost - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Financial Assets [Abstract]
Accounts receivable	$ 17,236,384	$ 9,684,035
Financial assets included in deposits and other receivables	808,679	703,399
Pledged bank deposits	188,745	195,883
Cash and cash equivalents	68,641,016	24,077,695	$ 9,190,286	$ 17,610,635
Financial assets at amortised cost	$ 86,874,824	$ 34,661,012

Financial Instruments by Cate_4

Financial Instruments by Category (Details) - Schedule of Financial Liabilities - Financial liabilities at fair value, class [member] - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Financial Liabilities [Line Items]
Accounts payable	$ 23,839,894	$ 16,653,695
Other derivative financial instruments		2,796,131
Warrant liabilities	1,839,808	12,449,145
Lease liabilities	606,061	785,687
Financial liabilities included in other payables and accruals	5,664,220	4,513,530
Loan note		8,745,192
Total	31,949,983	45,943,380
Financial Liabilities at Fair Value Through Profit or Loss Designated as Such Upon Initial Recognition [Member]
Schedule of Financial Liabilities [Line Items]
Accounts payable
Other derivative financial instruments		2,796,131
Warrant liabilities	1,839,808	12,449,145
Lease liabilities
Financial liabilities included in other payables and accruals
Loan note
Total	1,839,808	15,245,276
Financial Liabilities at Amortised Cost [Member]
Schedule of Financial Liabilities [Line Items]
Accounts payable	23,839,894	16,653,695
Other derivative financial instruments
Warrant liabilities
Lease liabilities	606,061	785,687
Financial liabilities included in other payables and accruals	5,664,220	4,513,530
Loan note		8,745,192
Total	$ 30,110,175	$ 30,698,104

Financial Risk Management Obj_3

Financial Risk Management Objectives and Policies (Details) - Schedule of Gross Carrying Amounts for Financial Assets - USD ($)		Dec. 31, 2023	Dec. 31, 2022
Schedule of Gross Carrying Amounts for Financial Assets [Line Items]
Accounts receivable	[1]	$ 17,346,035	$ 9,807,667
Contract assets	[1]	16,024,969	11,140,109
Financial assets included in deposits and other receivables
Financial assets included in deposits and other receivables - Normal	[2]	808,679	764,611
Pledged bank deposits - Not yet past due		188,745	195,883
Cash and cash equivalents - Not yet past due		68,641,016	24,077,695
Total		103,009,444	45,985,965
12-month ECLs Stage 1 US$ [Member]
Schedule of Gross Carrying Amounts for Financial Assets [Line Items]
Accounts receivable	[1]
Contract assets	[1]
Financial assets included in deposits and other receivables
Financial assets included in deposits and other receivables - Normal	[2]	808,679	764,611
Pledged bank deposits - Not yet past due		188,745	195,883
Cash and cash equivalents - Not yet past due		68,641,016	24,077,695
Total		69,638,440	25,038,189
Lifetime ECLs Stage 2 US$ [Member]
Schedule of Gross Carrying Amounts for Financial Assets [Line Items]
Accounts receivable	[1]
Contract assets	[1]
Financial assets included in deposits and other receivables
Financial assets included in deposits and other receivables - Normal	[2]
Pledged bank deposits - Not yet past due
Cash and cash equivalents - Not yet past due
Total
Lifetime ECLs Stage 3 US$ [Member]
Schedule of Gross Carrying Amounts for Financial Assets [Line Items]
Accounts receivable	[1]
Contract assets	[1]
Financial assets included in deposits and other receivables
Financial assets included in deposits and other receivables - Normal	[2]
Pledged bank deposits - Not yet past due
Cash and cash equivalents - Not yet past due
Total
Lifetime ECLs Simplified approach US$ [Member]
Schedule of Gross Carrying Amounts for Financial Assets [Line Items]
Accounts receivable	[1]	17,346,035	9,807,667
Contract assets	[1]	16,024,969	11,140,109
Financial assets included in deposits and other receivables
Financial assets included in deposits and other receivables - Normal	[2]
Pledged bank deposits - Not yet past due
Cash and cash equivalents - Not yet past due
Total		$ 33,371,004	$ 20,947,776
[1]For accounts receivable and contract assets to which the Group applies the simplified approach for impairment, information is disclosed in notes 14 and 15 to the financial statements.[2]The credit quality of financial assets included in deposits and other receivables is considered to be “normal” when it is not past due and there is no information indicating that the financials had a significant increase in credit risk since initial recognition. Otherwise, the credit quality of the financial assets is considered to be “doubtful”.

Financial Risk Management Obj_4

Financial Risk Management Objectives and Policies (Details) - Schedule of Financial Liabilities - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Financial Liabilities [Line Items]
Lease liabilities	$ 615,211	$ 823,298
Accounts payable	23,839,894	16,653,695
Financial liabilities included in other payables and accruals	5,664,220	4,513,530
Loan notes		68,351,047
Total	30,119,325	90,341,570
Within 1 year or on demand [Member]
Schedule of Financial Liabilities [Line Items]
Lease liabilities	588,103	523,206
Accounts payable	23,839,894	16,653,695
Financial liabilities included in other payables and accruals	5,664,220	4,513,530
Loan notes
Total	30,092,217	21,690,431
1 to 5 years [Member]
Schedule of Financial Liabilities [Line Items]
Lease liabilities	27,108	300,092
Accounts payable
Financial liabilities included in other payables and accruals
Loan notes		68,351,047
Total	$ 27,108	$ 68,651,139

Financial Risk Management Obj_5

Financial Risk Management Objectives and Policies (Details) - Schedule of Exchange Rates - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
SGD [Member]
Schedule of Exchange Rates [Line Items]
Increase/ (decrease) in foreign exchange rate	3%	3%
Increase/ (decrease) in loss after tax US$	$ (1,477,961)	$ (1,556,060)
SGD One [Member]
Schedule of Exchange Rates [Line Items]
Increase/ (decrease) in foreign exchange rate	(3.00%)	(3.00%)
Increase/ (decrease) in loss after tax US$	$ 1,477,961	$ 1,556,060
TWD [Member]
Schedule of Exchange Rates [Line Items]
Increase/ (decrease) in foreign exchange rate	3%	3%
Increase/ (decrease) in loss after tax US$	$ (474,534)	$ (473,641)
TWD One [Member]
Schedule of Exchange Rates [Line Items]
Increase/ (decrease) in foreign exchange rate	(3.00%)	(3.00%)
Increase/ (decrease) in loss after tax US$	$ 474,534	$ 473,641
MYR [Member]
Schedule of Exchange Rates [Line Items]
Increase/ (decrease) in foreign exchange rate	3%	3%
Increase/ (decrease) in loss after tax US$	$ (402,719)	$ (372,744)
MYR One [Member]
Schedule of Exchange Rates [Line Items]
Increase/ (decrease) in foreign exchange rate	(3.00%)	(3.00%)
Increase/ (decrease) in loss after tax US$	$ 402,719	$ 372,744
PHP [Member]
Schedule of Exchange Rates [Line Items]
Increase/ (decrease) in foreign exchange rate	3%	3%
Increase/ (decrease) in loss after tax US$	$ (576,565)	$ (489,293)
PHP One [Member]
Schedule of Exchange Rates [Line Items]
Increase/ (decrease) in foreign exchange rate	(3.00%)	(3.00%)
Increase/ (decrease) in loss after tax US$	$ 576,565	$ 489,293
THB [Member]
Schedule of Exchange Rates [Line Items]
Increase/ (decrease) in foreign exchange rate	3%	3%
Increase/ (decrease) in loss after tax US$	$ (329,276)	$ (327,939)
THB One [Member]
Schedule of Exchange Rates [Line Items]
Increase/ (decrease) in foreign exchange rate	(3.00%)	(3.00%)
Increase/ (decrease) in loss after tax US$	$ 329,276	$ 327,939
IDR [Member]
Schedule of Exchange Rates [Line Items]
Increase/ (decrease) in foreign exchange rate	3%	3%
Increase/ (decrease) in loss after tax US$	$ (184,116)	$ (181,853)
IDR One [Member]
Schedule of Exchange Rates [Line Items]
Increase/ (decrease) in foreign exchange rate	(3.00%)	(3.00%)
Increase/ (decrease) in loss after tax US$	$ 184,116	$ 181,853

Fair Value and Fair Value Hie_2

Fair Value and Fair Value Hierarchy of Financial Instruments (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Level 1 [Member]
Fair Value and Fair Value Hierarchy of Financial Instruments [Line Items]
Financial liabilities
Fair value financial instrument
Level 2 [Member]
Fair Value and Fair Value Hierarchy of Financial Instruments [Line Items]
Financial liabilities
Fair value financial instrument
Level 3 [Member]
Fair Value and Fair Value Hierarchy of Financial Instruments [Line Items]
Financial liabilities
Fair value financial instrument

Loss Per Share Attributable t_3

Loss Per Share Attributable to Ordinary Equity Holders of the Company (Details) - Schedule of Loss Per Share Basic and Diluted - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Basic and diluted loss per share
Basic loss per share	$ (17.92)	$ (102.43)	$ (143.21)
Loss
Loss attributable to the equity shareholders of the Company	$ 172,600,513	$ 49,441,815	$ 30,932,005
Number of shares
Weighted-average number of ordinary shares		482,689	215,983

Loss Per Share Attributable t_4

Loss Per Share Attributable to Ordinary Equity Holders of the Company (Details) - Schedule of Loss Per Share Basic and Diluted (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Loss Per Share Basic and Diluted [Abstract]
Diluted loss per share	$ (17.92)	$ (102.43)	$ (143.21)