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Tiger Brokers Named #1 in WealthTech on Fortune's Asia Fintech Innovators of 2024 List

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Tiger Brokers Named #1 in WealthTech on Fortune's Asia Fintech Innovators of 2024 List
Business

Business

Tiger Brokers Named #1 in WealthTech on Fortune's Asia Fintech Innovators of 2024 List

2024-11-08 15:25 Last Updated At:15:45

SINGAPORE, Nov. 8, 2024 /PRNewswire/ -- Tiger Brokers (Nasdaq: TIGR), a leading global online brokerage firm, has been recognized as the #1 company in the "Wealth Tech" category on Fortune's inaugural Asia Fintech Innovators of 2024 list. Curated by Fortune's editors, this list highlights 60 of Asia's most dynamic financial services companies.

Tiger Broker' dedication to technology-driven solutions and customer-centric services sets its apart among competitors in Asia's rapidly evolving fintech landscape. The recognition comes at a meaningful moment, as Tiger Brokers celebrates its 10th anniversary this year. Since the launch of its flagship platform Tiger Trade a decade ago, the company has been dedicated to transforming online brokerage with its innovative approach to global investing.

Today, Tiger Brokers serves over 10 million users worldwide with around US$40 billion in assets under custody(AUC) worldwide. Since its public listing on Nasdaq in 2019, Tiger Brokers has rapidly established a presence across Asia-Pacific, entering key markets including Singapore, Hong Kong, the US, Australia, and New Zealand to provide comprehensive global investment services.

Tiger Brokers now provides access to global stocks, ETFs, options, futures, U.S. Treasuries, structured notes, and funds, all within one integrated account. Tiger Trade updates its services bi-weekly to meet user needs. A notable recent enhancement is the introduction of 24-hour trading for over 9500 U.S. stocks and ETFs. This feature is particularly beneficial for investors in the Asia-Pacific region, as it allows them to integrate investing seamlessly with their daily routines. For options traders, Tiger has bolstered its derivatives trading capabilities with tools like an options screener, multi-leg options strategies, and options rolling, further solidifying its leadership in the derivatives market. Recently Tiger upgraded its Trade Feed feature, adding virtual trade-sharing accounts, allowing users to track the trades of prominent figures like Warren Buffett and Nancy Pelosi.

The cash management tool "Tiger Vault" continues to attract clients with its low entry barrier, stable returns, and high flexibility. By selecting multiple high-quality public funds from global markets that meet criteria for stable returns, low risk, and high liquidity, Tiger Vault offers investors an expected annual yield of 5% on idle account funds.

The integrated investment experience of Tiger Trade, combining market data, news, investor education, trading, and wealth management, has become its unique competitive edge, helping the platform to maintain a high customer retention rate of 98%. The platform also introduced TigerGPT, the industry's first AI investment assistant developed among Tiger Brokers' vast internet services. This tool streamlines market research and boosts efficiency in pre-investment preparation, saving investors valuable time.

In addition to retail brokerage, Tiger Brokers has also successfully expanded into wealth management, institutional brokerage, investment banking, and corporate services, creating a strong business ecosystem to serve a broad range of clients.

To compile the 60 Fintech Innovators Asia 2024 list, Fortune gathered data from more than 300 companies and evaluated them across multiple criteria, including innovation, use of advanced technologies, financial performance, market impact, scalability, regulatory compliance, security measures, and unique features deployed to improve the lives of consumers.

Commenting on this outstanding result, founder and CEO of Tiger Brokers, Wu Tianhua said, "We are honored to gain recognition by such a well-regarded publication. This accolades not only affirms Tiger's commitment to fintech innovation but also serves as a testament to our team's dedication. We started with a simple vision - to create an intuitive product that supports seamless global asset allocation, enhancing the investment experience for everyone. Tiger Trade has been pivotal in its rapid rise within the Asia-Pacific market. Moving forward, we remain committed to offering a broader range of investment options and exceptional trading experiences, continuously creating value for both retail and institutional clients."

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Tiger Brokers Named #1 in WealthTech on Fortune's Asia Fintech Innovators of 2024 List

Tiger Brokers Named #1 in WealthTech on Fortune's Asia Fintech Innovators of 2024 List

MILAN, Nov. 8, 2024 /PRNewswire/ -- November 5th to 10th, Greenway(SHSE:688345), a global leader in micromobility lithium battery solutions , showcased its innovative battery solutions for electric motorcycles and electric-assisted bicycles at the 2024 EICMA exhibition in Milan, Italy, under the theme "Safety, Sustainability, Smart."

With 18 years of experience in the micromobility lithium battery sector, Greenway has refined its Cell-Driven "Core" technology. It utilizes 18650 and 21700 small cylindrical cells from major Japanese and Korean companies like LG, Samsung, and Panasonic, as well as its "Gingu Bang" 34145 large cylindrical cells from its subsidiary, K-tech New Energy. These products cater to the diverse battery needs of electric two-wheelers worldwide.

Greenway is committed to the electrification of motorcycles, providing high-end customized lithium battery solutions to world-renowned electric motorcycle and bicycle brands. Since 2016, it has partnered with Yadea, supplying batteries for models like the high-end Yadea Z3 electric motorcycle.

Safe Travel: Speed and Passion

Recognized for its safety efforts, Greenway received China's first CCC certification for electric bicycles on October 23, covering products such as the IMR34145E 12 and IMR34145E 14 large cylindrical cells from the "Gingu Bang" series and the DZ48N-28EM battery pack. Internationally, its electric-assisted bicycle battery achieved the world's first PRODUCT SAFETY MARK certification to the EN50604-1 standard, ensuring compliance with European safety regulations.

Green and Environmentally Friendly: Committed to Sustainable Development

In line with the EU Battery Regulation (EU) 2023/1542, Greenway's products for the EU market now meet the required declarations and carry the CE mark, reflecting its commitment to environmental sustainability. The company employs eco-friendly design practices, including solder-free connection technology, which simplifies assembly and enhances recyclability. This allows for localized repairs without discarding entire battery packs in the event of malfunction.

Smart Travel: Offering You A Better Journey

To improve the travel experience, Greenway has developed an advanced Battery Management System (BMS) incorporating IoT smart modules. This system allows real-time communication between the battery and smart devices, enabling users to monitor battery health remotely and utilize intelligent fast-charging capabilities during peak usage.

At the Milan exhibition, Greenway is showcasing its comprehensive solutions for electric two-wheelers, from cells to PACKs, and introducing its advanced Non-welding and Wire bonding technology. The company invites industry peers to  explore future lithium battery innovations for electric two-wheelers.

To learn more, please visit the Greenway official website: https://www.greenway-battery.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Greenway's Cell-Driven "Core" Technology Debuts at the Milan EICMA Two-Wheeler Exhibition

Greenway's Cell-Driven "Core" Technology Debuts at the Milan EICMA Two-Wheeler Exhibition

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