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
Variloom 3DP Filament and Print System Recognized as Part of Rip Curl's Mirage3DP Boardshort Innovating in Sustainable and Functional Design and Materials
MUNICH, Germany and PALO ALTO, Calif. and TOKYO, Dec. 3, 2024 /PRNewswire/ -- Moon Creative Lab, a venture studio that powers the creation of new businesses, today announced that its venture Variloom has won the ISPO 2024 Award as part of the Mirage3DP Boardshort. Developed with Rip Curl, Moon Creative Lab, and Bilio, the Mirage3DP shorts feature a 3D waistband for stability in the water, integrated panels for fit and ventilation, and a recyclable blend of bio-based TPU and wool for comfort and durability. Moon Creative Lab's Variloom 3DP system enables on-site, print-to-shape fabrication, reducing waste, lead times, and inventory, while promoting sustainable, customizable production close to consumers. Every year, the ISPO award honors the outstanding products of the sporting goods industry at its ISPO Show in Munich, Germany.
"Winning the ISPO award for our innovations in sustainable 3DP material, production, and design is an amazing honor, and we could not be more pleased to receive this recognition with our partners Rip Curl and Bilio," said Kaichi Yokoyama, Chief Executive Officer, Moon Creative Lab. "The Mirage3DP Boardshort made with Variloom's 3D-printable materials is breaking ground for unrivaled comfort, resilience, fit, and performance. We will continue to work closely with Rip Curl to give customers completely on-demand, customizable, and 100% 3D printed and circular products made from sustainable materials."
Variloom is transforming the fashion industry by creating new systems and processes to bring production closer to the consumer and make circularity a reality. Variloom's patent pending 3DP filament and print system balances softness, stretch and adaptable performance by utilizing bio-based TPU with carefully selected natural additives and fibers. The future of Variloom and 3D printing in soft goods offers on-demand, on-site, print-to-shape 3D fabrication that exponentially reduces production waste, lead times, product inventory, and dependence on offshore manufacturing by bringing customizable production closer to the consumer.
"Our Variloom patents cover a number of ways to produce 3D printed textiles that are flexible, soft to the touch, and wearable with adaptable performance," said Bethany Meuleners, venture lead, Sustainable Fashion, Moon Creative Lab. "The ISPO Award is a tremendous recognition of the work Moon, Rip Curl, and Bilio are doing in the area of sustainable and high-performance apparel and materials. We will be continuing to improve our capabilities and speed in our processes through innovations in revolutionary machinery to create and fully recycle these fabrics."
The MIRAGE3DP boardshort is scheduled for release in 2026.
About ISPO Award
Every year, ISPO honors the outstanding products of the sporting goods industry with the ISPO Award. Independent expert juries evaluate several hundred submissions (including those from non-exhibitors) according to well-founded criteria. This high-caliber selection is welcome guidance for the sports industry, helps specialist retailers make decisions when selecting the next product range, and supports consumers in choosing the optimal product for them. The ISPO Award has established itself as a sustainable seal of quality in the sports industry. ISPO Award - The best in sport.
About Variloom
Variloom is transforming the fashion industry by creating new systems and processes to bring production closer to the consumer and make circularity a reality. Variloom's patent pending 3DP filament and print system balances softness, stretch and adaptable performance by utilizing bio-based TPU with carefully selected natural additives and fibers. The future of Variloom and 3D printing in soft goods offers on-demand, on-site, print-to-shape 3D fabrication that exponentially reduces production waste, lead times, product inventory, and dependence on offshore manufacturing by bringing customizable production closer to the consumer. For more information, visit www.variloom.com.
About Moon Creative Lab
Moon Creative Lab was first established in 2018 as a venture studio to deliver human-centered new business creation for the Mitsui & Co., group. With offices in Palo Alto, USA and Tokyo, Japan, we have established a hands-on support system with global and diverse professional human resources, including designers, engineers, product managers, and people with entrepreneurial experience, to create new businesses that will have a positive impact on the world. Based on this experience, Moon has expanded its support for new business creation beyond Mitsui & Co., to external corporations and startup teams. We aim to help teams and organizations unleash their creative potential to transform bold ideas into ventures that will have an exponential impact on the world. Visit us at www.mooncreativelab.com.
Media Contact for Variloom:
press@variloom.com
Logo - https://mma.prnasia.com/media2/2446662/main_logo_L_Logo.jpg?p=medium600
Photo - https://mma.prnasia.com/media2/2571537/Variloom_Trademark_Small.jpg?p=medium600
Photo - https://mma.prnasia.com/media2/2571538/MIRAGE3DP_INT_EXT.jpg?p=medium600
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Moon Creative Lab Venture Variloom™ Wins ISPO 2024 Award in Collaboration with Rip Curl
Moon Creative Lab Venture Variloom™ Wins ISPO 2024 Award in Collaboration with Rip Curl
