iFast eyes IPO, Greater China buildout
The online funds firm is understood to have applied to list on the Singapore Exchange. It is also seeking to tap deregulation in Taiwan and retail appetite for online funds in China.
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Online funds firm iFast Financial is understood to have applied to the Singapore Exchange for an initial public offering (IPO), AsianInvestor can reveal.
Market sources have said that the firm plans to list by the end of this year, although its chief operating officer in Hong Kong, Kelvin Yip, declined to comment on market speculation.
The iFast platform provides an array of funds from different providers, like a fund supermarket. Its business-to-business (B2B) clients are banks…
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