Sea considers taking Monee public independently
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On October 20, 2026, Fintech News Singapore reported that Sea Limited is considering taking its financial services division, Monee, public independently in order to obtain more resources to develop the business. The plan was reportedly proposed by founder Forrest Li in an internal memo. Current reports use wording such as “considering pursuing” and “is considering,” and do not indicate that the listing process has officially begun. Monee, formerly known as SeaMoney, was renamed in May 2025 and provides digital payment, lending, and banking services, with operations spanning eight markets. The plan was proposed as Sea marked the ninth anniversary of its listing on the New York Stock Exchange; Sea’s revenue in the second quarter of 2026 was $7.8 billion, an increase of more than 80 times compared with when it went public in 2017.
AI-written from reports · updated 3 hours ago
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- Fintech News SingaporeSea Limited considers pursuing Monee IPO as it marks ninth anniversary of NYSE listing
Sea Limited is considering spinning off its financial services division Monee through an IPO to secure more resources for business development, according to a plan proposed by founder Forrest Li in an internal memo. Formerly known as SeaMoney, Monee was renamed in May 2025 and provides digital payments, lending and banking services across eight markets. The plan comes as Sea marks the ninth anniversary of its NYSE listing; the group’s revenue reached US$7.8 billion in the second quarter of 2026, more than 80 times its revenue when it went public in 2017.
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