Wealthtech
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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4 Key Considerations For Wealth Managers Looking to Unlock the Value of Data
When we talk about wealth management today in fintech, more often we’re talking about how to create wealth: goal setting, risk profile management, or simply investment management overall. But Dr. Sekar Jaganathan, Director of Digital Strategy in Kenanga Bank opines
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MAS and SGX Raises Red Flag Amidst US’ GameStop Trading Frenzy
The Monetary Authority of Singapore (MAS) and Singapore Exchange Regulation (SGX RegCo) have urged the public to be on heightened alert to the risks related to trading in securities incited by online discussion forums and social media chat groups. MAS and
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StashAway Hits US$ 1 Billion AUM Milestone
StashAway, Southeast Asian digital wealth manager for retail and accredited investors, announced that they’re managing more than US$ 1 billion (SG$ 1.35 billion) since their launch in 2017. The firm said in a statement that it was able to generate
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Moneythor Nets Undisclosed Amount of Investment From Navis Capital Partners
Asia-based private equity firm Navis Capital Partners has made an investment in Singaporean fintech startup Moneythor for an undisclosed amount. Founded in 2013, Moneythor provides financial institutions and fintech firms with solutions to enhance their digital banking services. Navis was advised
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Digital Wealth Manager Syfe Rolls Out New Cash Management Solution
Syfe, a digital wealth management company licensed by the Monetary Authority of Singapore (MAS), has launched the Syfe Cash+ portfolio which is its latest cash management product that aims to enable all Singaporeans to grow their savings and still have
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Singapore Wealthtech Sector Continues to Grow; Sees Signs of Consolidation in 2021
In Singapore’s burgeoning 1,000+ strong fintech industry, the wealthtech subsegment continues to grow and mature on the back of increased appetite from investors, acquisition deals, and rising demands for automated financial advisory services, notably from the younger generations. But as
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iSTOX Launches Unicorn Fund in Digitised Securities Form
Digitised securities platform iSTOX announced that it has listed a unicorn fund in digitised securities form, allowing the creation of security tokens where manual processes can be automated and minimum investment ticket sizes to be reduced to US$20,000. This expands
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Lu International, KASIKORNBANK Launched Online Wealth Management Platform FinVest
Lu International, a subsidiary of Chinese personal financial services platform Lufax Holding, and KASIKORNBANK have launched FinVest, an online wealth management platform. They had announced their partnership back in August, teasing the release of the platform. The new digital investment
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Skyhook Capital and DASL Partner to Incorporate Digital Securities Into E-Wealth and Digital Banking
Skyhook Capital Pte Ltd (Skyhook), the Singapore headquartered fintech company focusing on the distribution of investment-grade digital assets to institutional and retail investors, has entered into a strategic partnership with Digital Asset Shared Ledger (DASL), the leading global digital asset
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