Overview

iFAST Corporation is a Singapore-headquartered, SGX-listed wealth-management fintech that runs investment platforms such as FSMOne and Fundsupermart, giving investors access to funds, stocks, ETFs, bonds, and other assets across multiple markets. In recent years it has expanded into banking through iFAST Global Bank, a UK-licensed digital bank it acquired and rebranded, adding multi-currency accounts, payments, and remittance to its wealth offering.

iFAST sits a little apart from the crypto-native banks in this comparison: its core strength is regulated, low-cost access to traditional investment products and multi-currency digital banking, rather than native crypto trading or custody. For globally minded investors, its appeal is the combination of a broad wealth platform with a regulated digital bank account that can hold and move multiple currencies.

Clients who want a single relationship spanning funds and securities investing, multi-currency banking, and global payments — backed by MAS oversight in Singapore and PRA/FCA regulation in the UK — will find iFAST a credible, publicly listed option, while noting that direct digital-asset features are more limited than at dedicated crypto banks.

History

iFAST was founded in 2000 in Singapore and built its business around online fund distribution and wealth-management technology, growing into one of Asia's notable wealth fintech groups and listing on the Singapore Exchange (SGX).

In 2022 iFAST acquired BFC Bank in the United Kingdom and rebranded it as iFAST Global Bank, gaining a UK banking license and the ability to offer multi-currency digital banking, payments, and remittance alongside its investment platforms. The group has continued to integrate wealth management and banking into a connected, cross-border offering.

Key Features