Market Herald logo

Subscribe

Be the first with the news that moves the market

CoAssets announces 778 per cent increase in net operating income, reporting a net operating income of S$4,809,134 in FY 2019 over S$431,697 in FY 2018.

CoAssests is the leading digitally-enabled investor platform in the Asia-Pacific and Singapore region – impressive for a relatively young company, which Co-Founders Getty Goh and Dr Seh Huan Kiat established in 2013. To date, CoAssets boasts a client roster of more 574,000 registered users with outbound presence across Australia, China, Singapore and Hong Kong.

CoAssets Chairman Getty Goh says the company’s main objective is to generate money for the users.

CoAssets dominates the Asia-Pacific and Singapore Market by serving capital investors, high-net-worth individuals and institutions wanting to grow shareholder value.

“We attain our goal by bringing quality deals to our users,” Goh said.

There is a massive appetite for funding demand in Singapore, with CoAssets reporting a capital base in excess of S$100 million, for the digital service platform.

CoAssests offers a range of three services to clients: Online Funding, Corporate Lending and Financial Technology Advisory. As a fintech company CoAssets is able to successfully form strong partnerships with financial markets around the region and roll out innovative solutions to gain success over its competition.

“Singaporeans are keen to grow their savings and our nation is an excellent wealth centre with a strong appetite for excellent capital opportunities across different industry categories,” Goh said.

CA8 by the numbers
More From The Market Herald
The Market Herald Video

" Security Matters (ASX:SMX) enters into $2m standby equity facility

Security Matters (ASX:SMX) has entered into a standby equity deed with Evolution Capital.
The Market Herald Video

" Archer Materials (ASX:AXE) secures Hong Kong patent for quantum computing chip

Archer Materials (ASX:AXE) announces the grant of a Hong Kong patent for its 12CQ quantum computing…

" Way2VAT (ASX:W2V) secures additional $300k in private placement, closes SPP early

Way2VAT (W2V) secures an additional $300,000 from Moneta Seeds in a private placement at 5.1 cents…
Spectur (ASX:SP3) - Managing Director, Gerard Dyson

" Spectur (ASX:SP3) raises $1.15m in SPP

Spectur (ASX:SP3) has raised $1.15 million through a security purchase plan (SPP) and shortfall offer.