Mox Marks Six Years in Hong Kong, Sustains Momentum Beyond Breakeven and Delivers First Interim Profit in 1H 2026 Robust Business Growth Reinforces Path to Sustainable Profitability

Hong Kong, 30 September, 2026 — Mox Bank Limited ("Mox") today announced its financial results for the first half of 2026, delivering robust growth across its core business lines and reinforcing Mox’s status as an established bank in Hong Kong. Building on the breakeven milestone reached in the first quarter of 2026, Mox sustained this momentum through the first half, and recorded its first interim profit before taxation of HKD8.63 million, alongside operating income of HKD513 million, up 69% year-on-year (YoY)¹.

First-half 2026 Results At-a-Glance

• Sustained momentum beyond breakeven: Recorded its first profit before taxation in the first six months of 2026, building on the breakeven milestone achieved in the first quarter.
• Net interest income growth: Net interest income grew 52% YoY to HKD452 million, providing a strong tailwind to topline performance and core profitability.
• Deposits and customers: Total deposits of HKD20.9 billion, with customer base hitting close to 800,000.

Marking its sixth anniversary, Mox received two prestigious titles: Best Digital Bank – Hong Kong SAR, China by The Digital Banker’s Global Retail Banking Award, and Digital Bank of the Year – Hong Kong by Asian Banking and Finance Retail Banking Awards 2026. These accolades reflect Mox’s performance in business growth, profitability, and market-first innovations.

Barbaros Uygun, CEO of Mox, said, “Sustaining our momentum beyond breakeven and delivering an interim profit in the first half of 2026 mark another important milestone for Mox, reaffirming our strategy and the direction we have taken since day one. In six years, Mox has grown from a challenger into an established franchise in Hong Kong's banking landscape, trusted by close to 800,000 customers, equivalent to around 15% of the Hong Kong bankable population, for banking, wealth, protection and payments. While there is more work ahead to sustain this performance throughout the full year, Mox remains committed to building on this foundation, continuing to broaden its product offering and deepen the value it brings to our highly engaged customers across Hong Kong.”

Mox+ Powers Digital Premium Banking Growth

Mox+, our premium proposition, has resonated with emerging affluent customers and delivered strong momentum since its launch in April, with the number of eligible customers surging 59% through August, validating robust demand for digitally-led wealth and premium banking solutions.

Scaling Mox Invest

Mox Invest continued to gain traction in the first six months of 2026, with assets under management doubling year-on-year, trading value increasing by 34% and investment revenue rising by 75% versus the prior year.

Expanding Mox Insure

Mox Insure has already protected close to 20,000 customers since launch, with two offerings rolled out over the past year, namely, Personal Accident Cushion and Travel Pick & Go, driving strong adoption. Home Cushion Insurance, launched in September, is set to further expand coverage.

Key AI Initiatives Driving Growth

As an AI-native bank, Mox is advancing its AI-native strategy across people, technology and operations. Today, 100% of employees use internal AI tools, creating over 500 personal AI assistants. Additionally, 100% of engineers leverage AI daily, with 70% operating agent-first, while the Fraud and Customer Due Diligence teams have unlocked efficiency gains exceeding 50% through automation.

Mox Card Rewards Everyday Spending

Mox Credit Card held its position as the seventh-largest credit card portfolio among all retail banks in Hong Kong². Spending with Mox Card spend grew 33% year-on-year, with active and new customers driving strong engagement.

Six Years On, In the City We Love

Barbaros Uygun added, “Six years ago, we set out to build a bank that puts customers and heart share first. Today, that same conviction is what continues to drive us forward, as an established bank driving innovation, redefining digital-first banking for Hong Kong.”

For more information about Mox’s products and services, please visit mox.com.