Wealthtech

Grab Expands Suite of Financial Product to Include Micro-investment Platform

Grab Financial Group (GFG), the fintech arm of Grab today announced the launch of a suite of financial products. The three main products GFG is launching under their new strategy dubbed as ‘Thrive with Grab’ are a micro-investment platform named

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UOB Launches Robo-Advisor for Retail Investors in Singapore

UOB Asset Management (UOBAM) has launched UOBAM Invest, a robo-advisory mobile app that offers retail investors in Singapore personalised and dynamic investment portfolios. The mobile app is the retail version of the UOBAM Invest online portal, which was first launched

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StashAway Raises $16 Million USD in Its Series C Funding Round Led by Square Peg

Robo advisor operator StashAway announced today the completion of a $16 million USD Series C fundraising round. Square Peg, the largest venture capital fund in Australia, led the round, and Burda Principal Investments, the growth capital arm of German media

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Former Blackrock MD Appointed to Lead Additiv’s Asia Business out of Singapore

additiv announced that it has appointed Kevin Hardy, a former Managing Director at BlackRock and Northern Trust, to head up its Asian operations based out of Singapore. Kevin was the Managing Director, Head of Singapore and Head of ETF and

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Interactive Brokers Group Opens Singapore Office

Interactive Brokers Group, a global brokerage firm, announced the addition of a Singapore entity Interactive Brokers Singapore Pte Ltd and the opening of an office located in the Marina Bay Financial District. With the addition of Singapore, the global brokerage

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Matchmove Collaborates with HR Cloud Platform to Drive Financial Wellness for SMEs

MatchMove, the Singapore based ‘Banking-as-a-Service’ platform and JustLogin, a Singapore based Human Resource cloud platform provider, will launch the JustLogin branded payment solution which encompasses an e-wallet with a prepaid card and remittance capabilities to help Small and Medium Enterprises

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Former DBS CIO Neal Cross’ Aussie Wealthtech Closes AUD$12m Funding Round

Picture Wealth, an Australian-based wealthtech, announced the close of its AUD$12m late-seed funding round, comprising of private equity and debt, and has recently acquired financial services licensee, NEO Financial Solutions (“NFS”) for an undisclosed sum. NFS became a wholly-owned subsidiary

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CapBridge Financial Secures Investments From SGInnovate and Hong Kong’s Cyberport

CapBridge a Singapore based private market eco-system comprising announced that it has received equity investments from SGInnovate and Cyberport Macro Fund, further attesting to its strong government support and growing regional network. SGInnovate is a private-limited company wholly owned by

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eToro Brings Commission-Free Stocks Trading To Asia Pacific

Multi-asset investment platform eToro has announced that it will extend its commission-free stocks offering to clients in Asia-Pacific, effective immediately. The zero-commission offering for Asia Pacific clients applies to all stocks on its platform that are traded on the Nasdaq

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Spark Systems’ S$15M Round Includes Investments from HSBC, Citi and OSK

Singapore based financial technology start-up Spark Systems announces the successful completion of the first close of Series BB funding round raising a total of S$15m (US$10.5m) from two Tier 1 global banks and a South East Asia focused investment firm.

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