Singaporean Robo Advisor StashAway Expands Its Footprint to the UAE

SourceFintechnews Middle East

StashAway, a South East Asian digital wealth manager, has launched in the Dubai International Financial Center (DIFC), a financial hub for the Middle East, Africa and South Asia (MEASA) markets.

The platform is available to local and international clients in the region. Founded in 2016 in Singapore and with operations also in Malaysia and now the UAE, StashAway reportedly has users from more than 145 countries and of 174 nationalities. The company is said to have seen its assets under management grow more than 4.3 times in the last 12 months, and plans to build on this momentum with continuous product development over the next few months and years. Based on their own personal risk preferences, StashAway clients can select from a range of growth oriented, globally-diversified investment portfolios. Ramzi Khleif, StashAway MENA General more...