iFAST Financial (Singapore)

What iFAST Financial (Singapore) does

iFAST Financial Pte Ltd is a Singapore-headquartered B2B investment platform and wholly-owned operating subsidiary of SGX-Mainboard-listed iFAST Corporation Ltd (Stock Code: AIY, listed December 2014). Incorporated in 2000 as Fundsupermart.com Pte Ltd and renamed in 2003, the company provides licensed financial advisers, banks, IFAs, MNCs and institutional clients with consolidated access to over 600 unit trusts from more than 50 global fund houses, ETFs, bonds and corporate pension products across 12 currencies. Its underlying technology centres on a cloud-based platform with straight-through processing (STP), automated portfolio rebalancing, consolidated dealing and administration (one transaction form, one payment, one statement), multi-currency cash accounts with Auto-Sweep, and a margin facility supporting up to 3.5x leverage. Mobile apps for iOS and Android, white-label institutional portals, and an in-house Research Desk producing model portfolios (Essential Series Portfolios) and a Recommended Fund List extend the platform's day-to-day utility for advisers.

Revenue is generated through three primary streams: (1) platform and advisory fees for technology and administration services to advisers and institutions (subscription/recurring); (2) trailer fees from fund houses whose products are distributed via the platform (transaction-linked); and (3) white-label managed services for institutional partners. Distribution is channelled through a network of licensed adviser partners (including CIMB, Bank of China, RHB, AIA Financial Advisers, Great Eastern, Prudential and IPP), direct institutional sales, and the FSM Global consumer brand in Hong Kong. iFAST Financial serves approximately 140,000 end-clients in Singapore through this adviser network and operates regional offices in Singapore (HQ), Hong Kong, Malaysia and China, with a UK digital banking subsidiary (iFAST Global Bank, formerly BFC Bank) added via the 2022 acquisition. The company also holds a 2025 MAS Trust Business Licence to launch a global trust platform for legacy and wealth planning.

Name

iFAST Financial (Singapore)

Legal name

iFAST Financial Pte Ltd

Website

https://secure.ifastnetwork.com

Company type

Private

Founded year

2000

Operating status

Operating

Short description

iFAST Financial Pte Ltd is a Singapore-headquartered B2B investment platform, wholly-owned by SGX-listed iFAST Corporation Ltd, serving licensed financial advisers, banks, IFAs and institutions with consolidated access to 600+ unit trusts from 50+ fund houses across 12 currencies.

Ownership category

akta.pro rank

Product category

Wealth Management Platform

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Managed Platforms & Wrap Programs for Private Clients (Model Portfolios, UMA/SMAs) (FSAAABAM)

akta.pro secondary industries

Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access) (FSAGAEAL), Managed Account Platforms (Separately Managed Accounts / Customized Portfolios) (FSAHAKAC)

Keywords

• Investment platform
• Fund distribution
• Wealth management platform
• Unit trust platform
• Financial adviser support

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Platform and Advisory Fees: Revenue from providing investment platform services to advisers and institutions. iFAST acts as intermediary between fund managers and investors, earning fees for platform access, transaction processing, and advisory support services.
2. Trailer Fees from Fund Managers: Earns trailer fees from fund houses for distributing their products through the platform. New funds and fund managers undergo stringent due diligence before being placed on the platform.
3. White Label Services: Complete white label service integrated with partners' processes and website, providing adviser and client login with integrated website login page for institutional clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

iFAST Financial operates a B2B cloud-based investment platform that provides licensed financial advisers, banks, IFAs, MNCs, and fund managers with consolidated access to over 600 unit trusts from 50+ global fund houses, plus ETFs, bonds, and corporate pension products. The platform features straight-through processing (STP) for electronic trading, automated portfolio rebalancing, and consolidated dealing and administration across multi-currency accounts in 12 currencies. The company serves 140,000+ clients in Singapore through its adviser network and institutional white-label services.

Product overview

iFAST Financial operates as a platform-plus-modules architecture, centered on its B2B investment platform for Singapore providing financial advisers, institutions, and accredited investors with access to over 600 unit trusts, ETFs, and bonds. The platform is complemented by FSM Global as its B2C consumer-facing channel, iFAST Global Prestige (iGP) for high net worth individuals, and iFAST Pensions for corporate retirement solutions. Additional modules include Cash Solutions (multi-currency accounts with Auto-Sweep), Product Financing (margin facilities), Research Desk, Essential Series Portfolios, iFAST AUA Marketplace (iAM) for adviser acquisition/succession, and white-label institutional services. The company also operates iFAST Global Bank (formerly BFC Bank in the UK) and holds a Trust Business Licence for legacy and wealth planning services.

Differentiator

Problem solved

Functional benefit

Brands

• iFAST Global Prestige (iGP): Singapore's first independent wealth management platform for High Net Worth Individuals (HNWIs) providing sophisticated investment products and private banking-type services without hidden and exorbitant fees.
• iFAST Auto-Sweep
• iFAST Cash Solutions
• iFAST Margin Facility
• iFAST AUA Marketplace (iAM)
• FSM Global
• iFAST Pensions

Products and services

• iFAST Financial Platform (Singapore) B2B investment platform providing financial advisers, institutions, and accredited investors with access to over 600 unit trusts, ETFs, bonds, and research tools for investment management and administration.
• FSM Global B2C online fund distribution portal enabling retail investors to directly access and invest in unit trusts and ETFs with self-directed account management.
• iFAST Global Prestige (iGP) Singapore's first independent wealth management platform for High Net Worth Individuals (HNWIs), providing sophisticated investment products and private banking-type services without hidden fees.
• iFAST Corporate Pensions Tax-effective employee benefit solutions including defined contribution group retirement savings plans (Section 5, SRS), offshore pension plans, and international plans such as QROPS for multinational companies and expatriates.
• iFAST Cash Solutions (Multi-Currency Cash Account with Auto-Sweep) Multi-Currency Cash Account enabling investment settlements in 12 currencies with interest-bearing accounts, plus Auto-Sweep feature for automatic investment of idle balances into higher-yield conservative portfolios.
• iFAST Product Financing (Margin Facility) Multi-asset, multi-market margin facility allowing clients to pledge eligible assets (Stocks/ETFs/Bonds/Unit Trusts) as collateral for up to 3.5x leverage to finance purchases across multiple markets and currencies.
• iFAST Institutional Services B2B platform providing white-label turnkey solutions for financial institutions, including online fund distribution channels, back-office reconciliation, custody, pricing, and fee management.
• iFAST White Label Service Complete white-label solution integrated with client processes and website, featuring branded adviser and client login integrated with existing website login infrastructure.
• iFAST AUA Marketplace (iAM) First-in-Asia platform helping financial practitioners grow through acquisition and manage business transition, providing valuation, candidate matching, deal documentation, and succession planning services.
• iFAST Global Trust Platform Global Trust Platform for Legacy and Wealth Planning, enabling trustees and beneficiaries to manage trust structures and succession planning.

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature6 records

Scale indicators7 records

Recent moves10 records

Direct peers

• FNZ: Global B2B wealth management platform serving financial advisers and institutions with consolidated dealing, administration, and reporting — directly comparable to iFAST's B2B platform model, though FNZ is significantly larger and more globally distributed.
• Avaloq (NSE Fintech): Wealth and asset management technology provider offering platforms for private banks and advisers, comparable to iFAST's institutional white-label and platform services business.
• Saxo Bank: Multi-asset trading and investment platform with white-label capabilities for advisers and institutions; overlaps with iFAST in platform-based distribution of funds, ETFs, and structured products.
• GBST (now part of Citi): Wealth management platform technology firm that provides back-office, administration, and trading infrastructure to advisers and platforms — a close functional analogue to iFAST's STP and consolidated administration stack.

Broad incumbents

• Interactive Brokers: Large multi-asset global brokerage with institutional and adviser-facing APIs and platforms; broader in scope than iFAST but serves overlapping adviser and institutional client segments with electronic trading and consolidated administration.

Emerging players

• Endowus: Singapore-headquartered digital wealth platform with cash, CPF/SRS, and private fund access for advisers and individuals — competes for the same Singapore adviser-and-HNW wallet, but with a more B2C/D2C distribution angle than iFAST's B2B model.
• StashAway: Asia-based digital wealth manager offering algorithmically managed portfolios; competes for mass-affluent and HNW investors in Singapore and Hong Kong — an emerging alternative to iFAST's adviser-led distribution.
• Syfe: Singapore digital wealth platform offering managed portfolios and brokerage; targets the same end-investor pool as iFAST's B2C Fundsupermart channel while bypassing the adviser intermediary.

Others

• Morningstar: Investment data, research, and analytics provider that iFAST integrates with for fund ratings and research; a partial competitor in research/recommendations and an enabling partner across the platform ecosystem.

Regional players

• Fundsupermart Hong Kong (FSM Global): iFAST's own B2C consumer brand operating in Hong Kong as an online fund supermarket; included as a comparable B2C online fund distribution model in the same group's footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iFAST Financial (Singapore)