Tiger Brokers CEO confident of further growth in the Singapore market
Ian Leong, CEO of Tiger Brokers discusses the company's popularity in Singapore, and how it plans to remain competitive throughΒ ...
Founder & CEO, Tigerbroker
Search every verified Wu Tianhua interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. In a June 2024 interview, Tiger Brokers CEO Ian Leong stated that Singapore accounts for more than 50% of the company's total client assets and that one in every three Singapore permanent residents is a user of the platform. He attributed the company's growth since its 2020 launch during the COVID-19 period to a streamlined onboarding process of under five minutes and competitive fees. Leong expressed confidence in further growth through technology and a multiproduct strategy, noting that Tiger Brokers is currently the top online broker in Singapore. Leong highlighted product innovations in the first half of 2024, including the launch of a debit card for brokers in the region, 24-hour US trading, and a cash boost account. Addressing concerns about post-COVID slowdown, he said that platform support remained strong and that the company recorded its highest revenue in three years in the first quarter of 2024.
“In Singapore, more than 50% of our total client assets are based here, and one in every three permanent residents is a user of our platform.”
“When we launched in 2020 during the COVID period, the onboarding process was ridiculously long, and broker fees were quite expensive. We changed that by allowing users to onboard in less than five minutes with competitive rates.”
“Leveraging on technology and our multiproduct strategy, we are confident to grow even deeper and stronger, even though we are the top broker in Singapore in the online space right now.”
“For the first half of 2024, we launched our very first debit card for brokers in this region, the Tiger Boss debit card.”
Ian Leong, CEO of Tiger Brokers discusses the company's popularity in Singapore, and how it plans to remain competitive throughΒ ...
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