International money transfer fintechs Paysera and Wise halted transfers to and from Russia in a show of solidarity with Ukraine today as Russian armed forces invaded the Eastern European country. U.K.-based Wise, formerly known as TransferWise, is used for international money transfers. The fintech is capping transfers on its platform to Ukraine so that it […]

The decision to expand in Singapore follows the opening of a new, larger APAC regional hub in the country.

SINGAPORE, Feb 17, 2022 - (ACN Newswire) - Tiger Brokers (Singapore) Pte. Ltd. ("Tiger Brokers Singapore") today announced a partnership with Wise, the global technology company building the best way to move money around the world, to offer investors cheaper and faster international money transfers to their trading account at Tiger Brokers Singapore.

With the new offering, Singapore investors will now be able to seamlessly transfer funds from their overseas bank accounts to Singapore Dollar (SGD) in real-time and execute trades on Tiger Trade app within minutes. Through the Tiger Trade app, users will be able to get the real exchange rate and see the fees upfront with no hidden costs. Additionally, transfers are fast - 45% of all transfers globally sent on Wise are instant (less than 20 seconds). These features not only help reduce transfer fees but also shorten the time needed to move funds between their bank accounts and trading account at Tiger Brokers Singapore.

Eng Thiam Choon, Chief Executive Officer, Tiger Brokers Singapore, shared, "We are excited to partner with Wise to be the first to offer investors a faster, cheaper and more convenient way to transfer directly to their trading account held with Tiger Brokers Singapore. As we grow, we want to find ways to make it easier and more efficient for investors to trade a wide range of securities across major global markets and currencies on our investment platform. Tiger Brokers has always been focused on creating a superior and seamless trading experience for investors on our online and mobile trading platforms, and our partnership with Wise, a global leader in money movement, is yet another step in this direction."

Digital investment continues to be on a rise in South East Asia (SEA) and last year alone the region saw an increase in the number of users on investment platforms from 9 million in 2020 to 12 million in 2021. The region is expected to see 25 million users on digital investment platforms by 2025.

Vinay Palathinkal, Regional Head, Wise Platform, said: "At Wise, our mission is to make moving money faster, cheaper and more transparent for everyone, everywhere. As a customer-obsessed company, Wise shares Tiger Brokers' vision for creating new, frictionless experiences for their customers and we're thrilled to build this feature with them to enable quick and low-cost transfers with no exchange rate markups to their customers."

Wise is a global tech company building the best way to move money around the world. Globally, 12 million people and businesses use Wise, which processes over GBP6 billion in cross-border transactions every month, saving customers over GBP1 billion a year.

The Tiger Trade mobile application is available for download on the Apple App Store and Google Play Store.
- Apple App Store: https://apps.apple.com/sg/app/id1023600494
- Google Play Store: https://play.google.com/store/apps/details?id=com.tigerbrokers.stock

For media enquiries, please contact:
PRecious Communications for Tiger Brokers (Singapore)
Email: tiger@preciouscomms.com

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients ("Prospects") are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects' investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

About Tiger Brokers (Singapore)

Tiger Brokers (Singapore) Pte Ltd (herein "Tiger Brokers") may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient's information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.

About Wise

Wise is a global technology company, building the best way to move money around the world. With the Wise account people and businesses can hold more than 50 currencies, move money between countries and spend money abroad. Huge companies and banks use Wise technology too; an entirely new cross-border payments network that will one day power money without borders for everyone, everywhere. However you use the platform, Wise is on a mission to make your life easier and save you money.

Co-founded by Taavet Hinrikus and Kristo Kaarmann, Wise launched in 2011 under its original name TransferWise. It is one of the world's fastest growing, profitable tech companies and is listed on the London Stock Exchange under the ticker, WISE.

12 million people and businesses use Wise, which processes over GBP6 billion in cross-border transactions every month, saving customers over GBP1 billion a year.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comTiger Brokers (Singapore) Pte. Ltd. ("Tiger Brokers Singapore") today announced a partnership with Wise, the global technology company building the best way to move money around the world, to offer investors cheaper and faster international money transfers to their trading account at Tiger Brokers Singapore.

Wise, a popular British fintech firm formerly known as TransferWise, has today announced plans to hire 150 employees to occupy its Singapore office this year.

Wise, an online money transfer service, announced that it is further deepening its presence in Singapore with plans to hire 150 roles over the year in the country. The Singapore

The post Wise Doubles Down on Singapore as APAC Hub With Plans to Hire 150 Roles appeared first on Fintech Singapore.

  By FintechNews staff -Wise partners with ebankIT – giving banks worldwide access to fast, low-cost international  money transfers. – ebankIT, a banking software company, has partnered with global technology company Wise (formerly TransferWise), to give banks and financial institutions access to faster,  cheaper international money transfers.   –Wise Platform is the first international money transfer service […]

The post Banks and financial institutions are now able to access cheap, fast international transfers appeared first on Fintech News.

Blockchain technologies emerged onto the scene more than a decade ago. As a revolutionary moment in the world of business, finance, and so much more, the arrival of cryptocurrency and blockchain technologies heralded a revolution. Now, large institutions to bankers to executives across different fields have made the switch to this fast-paced, yet niche market. […]

A $260 million Series F funding round has given Brazilian secured lending platform Creditas a valuation of $4.8 billion. The new capital will help the company expand its operations and provide a “one-stop solution for those seeking a digital-first experience in everything related to their houses, cars, motorcycles, and salary-based benefits.” The round was led Read more...

The post Brazil’s Creditas Earns $4.8 Billion Valuation After Securing $260 Million in New Funding appeared first on Finovate.

Nabeel Vilcassim joins as chief financial officer (CFO) and Oliver Furniss as chief product officer (CPO).

Wise, one of the fastest-growing international financial services providers, published its financial results for the third quarter of the fiscal year 2022 today.

BitAngels (https://bitangels.network/), the world's premier investor network for the blockchain industry, today announced Sun Exchange and Codex as the winners of its BitAngels Startup Pitch Contests at CoinAgenda (www.coinagenda.com), the premier global conference series connecting blockchain and cryptocurrency investors with startups since 2014. 

According to Forbes and Bloomberg, “These days family offices, hedge funds, and traditional money managers have a very different perspective on cryptocurrency products and services, with an eye-watering $17 billion worth of institutional capital flooding into the space this year alone.” In order to empower and aid in funding the next generation of blockchain innovations, BitAngels pitch competitions provide an opportunity for founders to pitch their projects to investors, and investors and community members get an inside look at some of the most exciting up-and-coming blockchain ventures.

Hosted on Oct 25-27, 2021 in Las Vegas and Dec 7-9, 2021 in Puerto Rico, a mix of angel and VC investments (as well as tokens trading on exchanges) pitched in a Demo Day environment to judges and the CoinAgenda audience of investors and entrepreneurs. Following the presentations, judges selected the top Best in Show based on their professional analysis. 

The winners from CoinAgenda Caribbean BitAngels Pitch Day in Puerto Rico are:
#1: Codex- Defi for everyone. All the functionality of Paypal, Robinhood and Transferwise in a fully DeFi app. Running on crypto's most liquid blockchain.

#2: Rair Tech- A blockchain-based digital rights management platform that uses NFTs to gate access to streaming content.

#3: Nillion- Store and compute your private data nowhere via an unhackable* decentralized network. 

#4: CPUCoin- Building the Sharing Economy to Enable The Global Computing Network. Automatically deploy and scale any decentralized service or application at a fraction of the cost of traditional cloud service providers.

#5: Coinfield- A fully regulated European-based cryptocurrency exchange operating in 187 countries from all corners of the globe.

The winners from CoinAgenda Global BitAngels Pitch Day in Las Vegas are:
#1: Sun Exchange - Sun Exchange is the world's first peer-to-peer solar leasing platform. Through Sun Exchange, anyone, anywhere in the world, can own solar energy-producing cells and build wealth by leasing those cells to power businesses and organizations in emerging markets, with installations and maintenance taken care of by one of Sun Exchange's carefully selected installation partners. 

#2: IceCap - Icecap uses Ethereum-based, non-fungible tokens to represent ownership of individual diamonds. You trade the tokens without friction while the diamonds are vaulted and insured.

#3: Fly Air - The Fly app combines voice-activated artificial intelligence with the security and convenience of blockchain technology to provide you access to more than 10,000 private jets. Fly on-demand with no membership or hidden fees.

As first place winners, Sun Exchange and Codex will receive a marketing package (valued up to $10,000). The package includes a complimentary booth and ticket to a CoinAgenda 2022 of their choice and 2 complimentary press releases on the leading global blockchain press release newswire, BlockchainWire.

All winners will have their presentations shared among members of the BitAngels investment group and CoinAgenda attendees, giving the startups a chance to secure new funding. In addition, finalists received an honorary mention at their event and had the chance to network with investors attending the conference.

In 2022, CoinAgenda will host its newest NFT-focused event, NiftyAgenda, at an exclusive launch party on January 6 from 5-11 pm in Las Vegas. All NFT creators, innovators, buyers and media are invited. For more information, visit the event page: www.eventbrite.com/e/niftyagenda-tickets-229503480087

BitAngels will host its next in-person pitch event in January or March 2022 in Miami. Virtual events globally will continue to take place. To apply to present at a future BitAngels event or to view the full calendar, please visit the BitAngels website.   

ABOUT COINAGENDA
CoinAgenda (www.coinagenda.com) is the leading global conference series connecting professional investors, traders, family offices and digital currency funds with top entrepreneurs in the blockchain and cryptocurrency sectors since 2014. CoinAgenda is an experience that allows all attendees to meet, mingle, and get to know the leading thought leaders, entrepreneurs and investors in the sector, including memorable parties at unique locations. 

ABOUT BITANGELS
BitAngels (www.bitangels.network) is an investor network for the blockchain industry. BitAngels launched in 2013 as the world's first angel network for digital currency startups. Each BitAngels event features networking and short pitches by startup founders to an audience of investors, business leaders, and the local blockchain community. These events provide investors the unique chance to learn about new cryptocurrency investment opportunities.