StashAway, the largest digital wealth manager in Singapore, launches in Thailand

BANGKOK, THAILAND – Media OutReach – 2 September 2021 – StashAway,
an easy-to-use digital wealth management platform that provides global
diversification with high-quality, low-cost ETFs, is now available to Thailand
residents. StashAway is regulated by the Securities and Exchange Commission
(SEC).

StashAway makes it
simple for anyone to invest and build long-term wealth all through a mobile
app. The platform has attracted clients from more than 160 countries and has
generated strong returns through several market corrections and the COVID
market crash. Its appeal is due to its intelligent investing framework, sleek,
easy-to-use mobile app, and wide range of free financial education resources
that help individuals feel more confident making financial decisions. In
addition, The World Economic Forum has recognised StashAway for its innovative
technology, naming it a Technology Pioneer in 2020.

Tim Niranvichaiya, CFA, StashAway Asset Management
(Thailand) Managing Director, looks forward to
enabling people in Thailand to invest overseas. According to central bank data,
people in Thailand are increasingly investing in overseas assets. But even
still, investors in Thailand remain overinvested in domestic assets compared to
investors in Singapore and Hong Kong. He says, “People in Thailand increasingly
want to invest overseas to diversify their portfolios more effectively, but
aren’t able to access these investment options easily because of how complex
and expensive they are. That’s where StashAway can make a significant
difference to people’s long-term financial success. It only takes a few minutes
to sign up and access globally-diversified, personalised portfolios with one
transparent, all-inclusive fee.”

Freddy Lim, Co-Founder and Group CIO, has almost two decades of experience in cross-asset investment and
portfolio management at firms like Morgan Stanley, Citibank, and Nomura. He adds, “StashAway
saves our clients time and effort from having to research and manage their
investments themselves. We bring more than 50 years of industry experience and
30,000 hours of research and stress-testing to our platform. The result is an
intelligent investing framework and technology that re-optimises and rebalances
each client’s portfolios with extreme precision, managing risk while navigating
them through any economic environment.”

StashAway was
founded in 2016 and is headquartered in Singapore, with operating licences in
Malaysia, Dubai (DIFC), Hong Kong, and Thailand. The company currently manages
more than $1 billion USD in assets and is backed by leading venture capital
firms, including Sequoia Capital India, Eight Roads Ventures, and Square Peg.
The application is now available on App Store and Play Store.