Wealthtech
Robo Advisor StashAway Expands Its Product Line With New Life Insurance Offering
Southeast Asian digital wealth manager StashAway has launched a group term life insurance policy underwritten by Prudential Singapore named StashAway Term Life. StashAway Term Life is a fully digital offering available on its app to Singapore residents where application for
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How CIMB and Finhay Are Delivering Diversification Through Embedded Finance in Vietnam
Embedded finance will transform the role of finance, making it contextual, convenient and cost-effective. Instead of finance being a stand-alone function, it will get ingrained into the lifestyle of customers, whether it is making credit available at the point of
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Citi Launches Automated Securities Lending Platform for Wealth Managers With Sharegain
Citi has launched a fully automated securities lending solution for the wealth management firms that it provides custody services to in partnership with London-based fintech firm Sharegain. Led by close partnership between Citi Ventures and Citi’s Agency Securities Lending (ASL)
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Indonesian Robo Advisor Bibit Bags US$ 65 Million in Funding Round Led by Sequoia
Bibit.id, a digital investment app in Indonesia, has announced that it has raised US$ 65 million in a funding round led by Sequoia Capital India. The round was joined by Prosus Ventures, Tencent and Harvard Management Company while existing investors
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StashAway To Raise US$ 25 Million Series D Led by Sequoia Capital India
Southeast Asian digital wealth manager StashAway is raising US$ 25 million in its Series D funding round led by venture firm Sequoia Capital India. StashAway’s existing investors, Eight Roads Ventures, the global investment firm backed by Fidelity International and early
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Julius Baer Rolls Out Digital Advisory Platform for Regtech Compliance in Asia
Julius Baer has rolled out its Digital Advisory Suite (DiAS) in Asia that aims to simplify the complexity of regulations for relationship managers, enabling them to offer compliant advice to clients. The suite acts as a fully integrated solution, ensuring a
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DBS Rolls Out AI-Powered Digital Investment Advisory Feature
All DBS/POSB retail customers can now access a new feature on DBS’ AI-powered financial and retirement planning tool NAV Planner, which will provide specific investment recommendations that are tailored to their investment profile. Head of Financial Planning and Personal Investing,
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CGS-CIMB Securities Launches Digital Investment Service for Singapore’s Millennials
CGS-CIMB Securities International, an integrated financial service provider in Asia, has launched a digital investment service in Singapore called ProsperUs. ProsperUs will leverage CGS-CIMB’s deep research intelligence and network, to offer an investment experience for millennials that is convenient and
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Digital Wealth Advisor Endowus Offers ESG Portfolios for Retail Investors
Singapore-based digital wealth advisor Endowus has launched its Environmental, Social, and Governance (ESG) portfolios, to pave the way for retail investors to gain access to better sustainable investing options. Fund managers include J.P. Morgan Asset Management, Natixis-Mirova, PIMCO, Schroders and
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HK Based Futu Launches Investment Platform Moomoo, Unveils New Singapore HQ
Futu Holdings announced the official launch of its one-stop investment platform, moomoo and unveiled the opening of its new regional headquarters in Singapore. The company said in a statement that the new headquarters was set up to better serve the
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