Endowus said the combined companies will have complementary expertise in technology, talent, and systemic wealth advice. The acquisition will be a springboard for Endowus to enter the Hong Kong market.
The merged group, with combined client assets of US$4 billion, will officially launch operations in Hong Kong by the end of the year.
Digital wealth platform Endowus Pte acquired a majority stake in an independent wealth manager in Hong Kong as the Singaporean company builds out its business beyond the city-state.
Endowus' CPO, Vinod Raman gives us a look into the important ingredients in his work life while leading the product management team at Endowus
Endowus is unveiled as one of LinkedIn's Top 10 start-ups in Singapore.
Endowus has appointed Vinod Raman as its Chief Product Officer, where he will lead product management, data and design while driving product strategy, roadmap and execution.
Endowus CEO, Gregory Van believes that even with a modest amount of money in your pocket, there are ways to begin investing effectively.
The inaugural WealthTech Conference brought together key leaders from the finance sector to discuss industry trends and insights.
Endowus Chairman & CIO, Samuel Rhee went on Market View to share how would recent Central Bank developments weigh on major economies and markets.
Investments in wealth tech in Asia doubled from $1.1bn in 2017 to $2.2bn in 2021, while that of Singapore grew seven times, according to the Endowus-KPMG WealthTech report.
WealthTech venture funding in Singapore rose sevenfold during the past four years, far outpacing equivalent figures across Asia and globally.
Venture funding in wealth management startups in Singapore surged in recent years as companies looked to address gaps in the market neglected by traditional wealth managers.
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