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iFAST Corporation Ltd.

Singapore · SGX: AIY.SI · Market cap: $1.92B · P/E: 20.3 · P/S: 3.9

iFAST runs a digital platform that lets people and institutions buy, sell, and hold investments, and it also provides online banking services.

iFAST is a Singapore-listed financial technology company that gives people and institutions a digital place to buy, sell, and hold investments. Instead of walking into a bank branch, a customer uses iFAST's platform to access funds, bonds, stocks, and other products from many different providers. The company serves everyday investors, wealthy individuals, corporations, and financial institutions.

iFAST Corporation Ltd. (AIY.SI) iFAST wealth management platform: line art illustration of A laptop screen showing iFAST's fund platform: a fund search list with performance graphs and a portfolio holdings panel
Wealth management platform
iFAST lets investors buy funds from many fund houses on one platform.

The business earns money in a few main ways. It takes a small fee when customers trade, and it charges ongoing fees for holding and administering assets on the platform. It also sells software and back-office services to banks and financial advisers who want to run their own investment operations. The more money clients keep on the platform, the more recurring fee income iFAST collects, which makes the size of those client assets the number that really matters. A newer and important part of the story is iFAST's move into digital banking. Its UK banking arm, iFAST Global Bank, lets customers hold and move money across borders and earn interest on deposits. This turned iFAST from purely a platform for buying investments into something closer to a full financial home, and the bank has become a meaningful growth driver even though building it has required heavy spending.


iFAST competes with big banks and brokerages that offer their own investment platforms, as well as with other online brokers. Its pitch is breadth and independence: it is not tied to one fund house or bank, so customers can choose from a wide menu in one place. The company has grown steadily, expanding across Singapore, Hong Kong, Malaysia, China, and the UK, and it pays a dividend to shareholders. The main things to watch are whether client assets keep growing and whether the banking business turns its spending into solid profit.

Saved answer · last researched 12 Nov 2026