Online Wealth Mgt
MAS Issues Guidelines to Facilitate Provision of Digital Advisory Services
The Monetary Authority of Singapore (MAS) issued the Guidelines on Provision of Digital Advisory Services, to facilitate the provision of these services in Singapore. The guidelines incorporate feedback from the public consultation as well as learning points from MAS’ engagements with the industry.
Read More
Roger Federer Featured in CS Digital Private Banking , Canopy Partnership Promo
Credit Suisse is using the face of its global ambassador and tennis superstar Roger Federer to promote its Digital Private Banking, including the partnership with Singapore fintech company Canopy. Federer signed a 10-year deal with Credit Suisse in 2009 to be
Read More
China’s Fintech Giant Enters Singapore, Offers Online Wealth Management
After setting up base in Singapore end of last year, Lu International, a Singapore-based subsidiary of China’s Lufax, launches their first product—a wealth management platform. Lufax was set up in 2011 by Ping An Insurance Group, a diversified holdings company
Read More
DBS Aims to Save 10,000 Manhours Through Whatsapp and WeChat Banking Service
DBS announced the launch of DBS Wealth Chat, a service that will allow DBS’ wealth clients to interact, exchange ideas and transact with their relationship managers via popular instant messaging platforms WhatsApp and WeChat. The bank claims to be the first
Read More
CGS-CIMB Securities Launches Robo-Advisory Platform eWealth
CGS-CIMB Securities launches eWealth in Singapore. The robo-advisory platform taps on the Company‟s research capabilities to provide goal-based and thematic portfolios to help investors meet their need for investment diversification through pairing portfolios with investors‟ risk profiles and investment objectives.
Read More
OCBC Bank Launches Robo-Investment Service
OCBC Bank claims to become the first bank in Southeast Asia to launch a robo-investment service, OCBC RoboInvest. Targeting young and tech-savvy investors, it requires an initial investment amount of SGD3,500.00. Just as they might pick a playlist using a digital
Read More
B2B Robo Advisor Quantifeed Expands to Singapore
B2B robo-advisor provider Quantifeed announced the launch of its Singapore office and appointment of three new key executives who will be based there. The new appointments follow on the heels of Quantifeed’s recent completion of a Series B funding
Read More
A Singapore Robo Advisor Got a New Strategic Investment
8I Holdings announces a strategic investment in AutoWealth, a licensed regional robo-advisor that automates investing and provides comprehensive investment portfolio rebalancing and management for retail investors. The investment in AutoWealth is part of 8IH’s strategy to increase its product offerings
Read More
B2B Robo-Advisor Bambu Secures Series A Funding
Bambu, aglobal provider of robo-advisory technology, announced it has completed a USD 3 million Series A funding led by Franklin Templeton Investments, with Singapore family office Octava and prominent Japanese Fintech investor Mamoru Taniya also joining the round. The year
Read More
Who is the Best Robo-Advisor in Asia?
This is the problem statement I set out to explore by starting out on the ambitious ground up research project with Synpulse last year. But best for who? I quickly realized that there are at least three different audiences: retail investors,
Read More