Wealthtech
Gen Z are Avid Investors and Largely Influenced by Social Media, New Research Found
Members of Generation Z (Gen Z), or those born between 1997 and 2012, are avid investors, participating in stock and cryptocurrency investing at a higher rate and from a younger age than their predecessors, a new report by the Oliver
Read More
Endowus Appoints Hugh Chung as New Chief Investment Advisory Officer
Singapore’s digital wealth management platform Endowus announced that it has appointed Hugh Chung as its Chief Investment Advisory Officer. In his new role, Hugh will be leading the collective efforts of the centralised Investment Office across the group. This includes
Read More
Singlife Taps Citi and Blackrock to Revamp Its Investment Capabilities
Financial services company Singlife has appointed Citi and investment company BlackRock for a technology platform to transform its asset management capabilities from end-to-end. Singlife’s integration with Citi and BlackRock’s Aladdin platform will provide clients with complete portfolio management capabilities that
Read More
Endowus Empowers Underserved Groups to Reach Their Wealth Goals
Singapore’s digital wealth management platform Endowus has launched a community impact initiative to provide support to four main groups; not-for-profit organisations, women, gig workers, and tertiary students to enable them to reach their wealth and life goals. The Endowus Empower initiative
Read More
McKinsey: Asia’s Booming Affluent Segments Introduce New Opportunities in Digital Wealth
In Asia, the wealth of affluent and mass-affluent customer segments is growing rapidly, bringing about new opportunities and growth prospects for banks and wealth managers alike in the region. But to tap into this opportunity, services providers will need to
Read More
Revolut Singapore’s Customers Can Now Buy and Sell US-Listed Stocks From US$1
Revolut, a neobank with more than 25 million retail customers worldwide, is now offering stock trading for its Singaporean customers. They will now have the opportunity to buy and sell US-listed fractional shares through the Revolut app. The feature allows
Read More
Fintonia Secures Capital Markets License From MAS
Singaporean crypto fund manager Fintonia Group has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). This will enable Fintonia to continue expanding and providing innovative investment solutions and products to its clients. The CMS
Read More
Endowus Partners iCapital to Expand Its Private Market Investment Offering
Singapore’s digital wealth management platform Endowus has partnered with global fintech firm iCapital to expand its private market investment offering for accredited investors in Singapore and Hong Kong. Endowus’ clients will have access to a set of institutional-quality private markets
Read More
Top 10 Wealthtech Players from Southeast Asia to Watch in 2023
2022 has been a challenging year for fintech startups as investors scaled back their investment, valuations plummeted and tech firms were forced to undergo massive layoffs. But despite turbulent market conditions and shrinking fintech funding activity, several wealthtech players in Southeast
Read More
CGS-CIMB’s High-Net-Worth Investors Now Have Access to All ADDX Products
Securities brokerage CGS-CIMB Singapore’s individual accredited investors will now have access to private market exchange ADDX’s offerings. These offerings include private equity, private credit, venture capital, hedge funds, real estate, fixed-income products like bonds and commercial papers, as well as
Read More