<ul><li>Neobank Freo's revenue crossed Rs 100 crore in FY24, with a growth of 8.67% from the previous year.</li><li>Total revenue, including other sources, increased by 11.68% to Rs 111.46 crore in FY24.</li><li>Freo reduced its total expenditure by 10.14%, resulting in a net loss reduction of 64.55% compared to FY23.</li><li>Mwyn Tech Pvt Ltd, the company behind Freo, reported a profitable year with a user base of 25 million and a positive contribution margin.</li></ul>

Neobank Freo's revenue tops Rs 100 Cr in FY24, slashes losses by 64%

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