AIY.SI
SGX50SESiFAST Corporation Ltd.
Technology · Software - Application · Singapore
iFAST Corporation Ltd. operates as a digital banking and wealth management platform in Singapore, Hong Kong, Malaysia, China, and the United Kingdom. The company offers FSM One, a multiproduct transactional platform for self-directed investors; iFAST Central, which provides various services, including investment products, fee collection, operational support, IT solutions, and wrap account services; iFAST Global Prestige, which provides services for high net worth investors; iFAST Global Markets that provides adviser-assisted wealth management plans; iFAST Global Bank, a licensed bank that provides global banking connectivity to consumers, corporates, and financial institutions; and iFAST ePension, which includes pension administrative services and white labeled solutions for scheme sponsors, trustees, and other institutions. It also provides iFAST pensions that deliver tax-effective employee benefits solutions to companies that want to administer pension schemes for their employees through a digital platform; bondsupermart, a centralized bond marketplace; iFAST fund management that offers products and investment solutions; iFAST FINTECH Solutions, which provides customizable fintech solutions for institutional clients and business partners; iFAST TV, an investment-focused digital video channel; and iFAST Global HUB.AI, which leverages AI technologies. iFAST Corporation Ltd. was incorporated in 2000 and is headquartered in Singapore.
www.ifastcorp.com ↗Shares trade at a premium 25.6× trailing earnings, easing to 18.1× on forward estimates. Profitability shows a net margin of 19.4% and return on equity of 28.4%. Leverage is modest at -5.2× net debt/EBITDA. Revenue grew 44.5% year-on-year. It yields 1.1% in dividends. The mean analyst target of SGD11.97 sits 33.4% above the current price (no rating, 8 analysts).
business model
iFAST Corporation is a wealth-management and fintech platform operator providing investment administration, dealing and advisory infrastructure for financial advisers, financial institutions and retail investors. It earns recurring fees largely tied to assets under administration (AUA) across funds, equities, bonds and other products, plus transaction and platform fees, and it operates a digital bank and a pensions-administration business. It runs businesses in Singapore, Hong Kong, Malaysia, China and the UK.
revenue segments
Its main segments are core wealth management (B2B platforms for advisers/institutions such as FSMOne and iFAST Global Markets, plus B2C investing), the ePension division in Hong Kong (administering the eMPF central pension platform), and iFAST Global Bank, its UK-based digital bank offering deposits and payments. Core wealth management remains the largest profit driver, with ePension and the bank contributing growing revenue.
key dependencies
It depends on assets under administration and net inflows (which move with markets and investor sentiment), the Hong Kong eMPF/ePension contract and its ramp-up, the growth and profitability of iFAST Global Bank and its deposits, product breadth and platform technology, and regulatory approvals across its jurisdictions.
competitors
Competes with banks and brokerages, fund platforms, and digital wealth managers/robo-advisers such as Endowus, Syfe and StashAway in Singapore, plus regional and global online investment platforms; its bank competes with digital and challenger banks in the UK.
moat
Its moat is an integrated, scalable proprietary platform connecting a wide product range with advisers and institutions, sticky recurring AUA-based revenue, multi-market licences, and the differentiated Hong Kong ePension contract and banking licence that are hard to replicate.
risks
Risks include AUA and revenue sensitivity to market downturns and fund-flow volatility, execution and margin risk in scaling the ePension and digital-bank businesses, regulatory and licensing risk across jurisdictions, and competitive fee pressure from low-cost platforms.
Financials & metrics
as of 04 Jul 2026Tap any metric for an explanation.● provider● computedN/A not available from source
Dividends
This company does not currently pay a dividend.
Analyst assessment
as of 04 Jul 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.