Following the launch of Asia's first $0 commission stock trading service in Hong Kong, 8 Securities today announced a 1,100% increase in executed stock trades and a 700% increase in turnover compared to the same quarter last year. HONG KONG, April 11, 201
Robo-advisors are gradually becoming more popular in Asia, especially among retail investors. While it will take some time, these advancements-and the technologies that underpin these platforms-are likely to seep into the institutional space in years to c
8 Securities Inc. today announced the launch of Chloe, its new goal-based robo-advisor. Chloe is the first robo-advisor in the world that constructs portfolios with exchange traded funds (ETFs) listed on the Tokyo Stock Exchange (TSE). The portfolios are
Heading into 2015, China had US$21 trillion dollars pent up in bank deposits. With such a large, investment hungry population with so much ready-to-invest capital, anyone with a WealthTech business idea can only start salivating. Be careful and contain yo
This follows the successful launch of Chloe, the first robo-adviser app in Hong Kong.
The firm’s new B2B service to large financial institutions allows banks and asset managers to customise 8 Securities’ platform for their own customers.
As the space grows increasingly crowded, many robo-advisor startups have begun to offer their technology to incumbents to distribute to their own customers. In the latest evidence of this, 8 Securities, the oldest APAC robo-advisor, announced plans on Wed
8 Securities, Asia's first robo-advisor, opens its platform to banks and assets managers to extend its service to millions of new users. On a global basis, customers are expected to deposit over USD 2.2 trillion in robo-advisors by 2020.
As one of the fastest growing industries in the world, the FinTech industry has been the go-to industry for many of the top talents around the world. Since gaining popularity, the FinTech industry has attracted traditional powerhouses, disruptive upstarts
By AsiaToday reporter Kim Eun-young - Millennials are increasingly preparing for life after retirement. According to a report by Wealthmanagement.com last month, Millennials started saving at a median age of 22. That compares to 35 for Baby Boomers.
Over the last years, the growth of fintech has gained significant momentum globally, attracting US$19.1 billion in investment in 2015 alone. In Asia, fintech funding reached an all-time high, quadrupling 2014 total with US$4.54 billion in investment acros
8 Securities, an Asia-Pacific robo-advisor with licensed offices in Hong Kong and Tokyo, launched its investing app 'Chloe' on Google Play and the Apple Store today. The service is free for accounts under HK $8,888 (USD $1,145). Back in May, LeapRate repo
HONG KONG, Dec. 20, 2016 /PRNewswire/ -- 8 Securities, Asia's first robo-advisor and Hong Kong's leading fintech startup, launched Chloe on Google Play and the Apple App Store today. How does Chloe work? Each dollar the customer deposits is intelligently
8 Securities, Asia's first robo-advisor launched Chloe on Google Play and the Apple App Store. The service is free for accounts under HK$8,888. Customers start by answering a short survey to set goals and a target date to achieve them. Each dollar the cus
8 Securities is a leading online and mobile investing service in Asia with offices in Hong Kong and Tokyo. 8 Securities’ portfolio includes a robo-advisor service and a mobile stock trading app. 8 Securities was the first in Asia to follow the lead of not
Some of the most successful startup leaders in Asia to give their advice on how to build a unicorn company.Mikaal Abdulla, CEO of 8 Securities, is familiar with the struggle of getting things right. Building one of the leading stock trading and robo-advis
Digital disruption has hit retail financial services in Asia Pacific (AP). In 2014, fintech investments in AP totaled US$880 million and skyrocketed to a staggering US$4.5 billion last year. Just as payments innovation has been a darling of venture capita
But with the surge of economic activity in China and now businesses bypassing Hong Kong and going straight to China, how does Hong Kong keep itself relevant? Could the startup ecosystem be the new shining light that will direct Hong Kong’s economic future
For the next in our "six questions" series we were excited to have the chance to catch up with 8 Securities CEO & Co-Founder, and Symbol: The Asian Fintech Summit speaker, Mikaal Abdulla. During our conversation we discussed robo-advisory services, the bl