Wealthtech
JB Financial Group Acquires Minority Stake in Vietnamese Investment App Infina
South Korea’s JB Financial Group has announced a strategic acquisition of a minority stake in Infina, a retail investing application based in Vietnam. Under the terms of the partnership, JB Financial Group will initially acquire 3.9 percent of Infina’s shares,
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Tiger Brokers Singapore Unveils Debit Card with Instant Fractional Share Rewards
Xiaomi-backed online brokerage Tiger Brokers Singapore has collaborated with online money transfer service Wise to introduce the Tiger BOSS debit card. The debit card offers its users the opportunity to earn fractional shares with every dollar spent, which unlike cashback
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Citi Establishes Two New Wealth Advisory Centers in Singapore
Citibank Singapore has expanded its footprint in the country with the opening of two new wealth advisory centers, marking the bank’s enhanced commitment to the island-state as a crucial hub for its wealth management operations. The inauguration of the center
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Vietnamese Fintech 1Long Raises US$500K in Pre-Seed Funding
1Long, a fintech startup based in Vietnam, has raised US$500,000 in a pre-seed funding round supported by a consortium of investors, including Iterative, Monk’s Hill Ventures, R2VP, and Orionis Capital. With this new funding, 1Long plans to invest in technological
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Singapore Wealth App Hugosave Earns Shariah-Compliance Certification
Singapore-based wealth and savings app Hugosave announced that it is now jointly certified as Shariah-compliant. This certification, awarded by a consortium including Islamic Finance Singapore, Ustaz Kamal Mokhtar, S Tradition Pte Ltd, and Masryef Sdn Bhd, ensures that Hugosave’s services
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Sea’s MariBank Sees Strong Adoption of Investment Service, AUM Exceeds S$200M
MariBank, a digital bank licensed by the Monetary Authority of Singapore (MAS) and wholly-owned subsidiary of Sea, announced it has surpassed S$200 million in assets under management (AUM) through its investment service, Mari Invest. Mari Invest offers access to a
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Wealth Management Trends Transforming the Industry in 2024
Emerging technologies are critical for wealth management firms as economies faced a dampened investment environment in 2023, with disappointing equity returns and sky-high interest rates. As a result, wealth preservation became the most crucial goal for high-net-worth individual (HNWI) investors
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Webull Singapore’s Investors Now Have Access to SGX-Listed Products
Webull Securities (Singapore) Pte Ltd, a subsidiary of the US-based Webull Financial LLC, has announced its new offering of SGX-listed products and securities to retail investors. Webull Singapore officially launched in May 2022, pushing its global app downloads to 40
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DJ Sengupta to Lead WRISE’s Foray Into Middle East With New Dubai Office
WRISE Group, an independent multi-family office, has appointed Dhruba Jyoti (DJ) Sengupta as CEO of its newly established Middle East subsidiary, located in Dubai. This expansion is part of WRISE’s broader strategy to extend its reach into the United Arab
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additiv Names Anurag Pandey as Lead to Double Down on APAC Expansion
additiv, a Swiss-based fintech firm specialising in embedded finance solutions, has announced the appointment of Anurag Pandey as its new General Manager and Head for the Asia Pacific (APAC) region. Pandey is set to focus on expanding the company’s reach
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