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Retail FX

UP Fintech Completes American Depositary Shares Offering, Eyes Global Expansion

  • The company raised funds through the sale of American Depositary Shares, priced at $6.25 per ADS.
  • The proceeds from the offering will reportedly be used to strengthen UP Fintech's capital reserves and support business development initiatives.
Thursday, 24/10/2024 | 21:46 GMT by Jared Kirui
Retail FX

UP Fintech Reports $87M Revenue and $106B Trading Volume in Q2

  • The firm achieved $5.2M in non-GAAP net income and reported a $7B net asset inflow.
  • Commission income was $34.1 million, while the total account balance grew to $38.2 billion.
Friday, 30/08/2024 | 09:16 GMT by Tareq Sikder
Retail FX

UP Fintech Reports 19% Revenue Surge in Q1, Net Income Doubles

  • The company added 28,800 new funded accounts, totalling 933,400.
  • Commissions rose by 9.2%, while interest income surged by 26.8%.
Wednesday, 05/06/2024 | 11:32 GMT by Tareq Sikder
FinTech

UP Fintech Attracts Record Net Asset Inflow, Doubles Total Account Balance in 2023

  • The company reports strong 2023 results driven by expansion and product innovation.
  • Revenues increased 10% on a quarterly and 21% on a yearly basis.
Wednesday, 20/03/2024 | 08:34 GMT by Damian Chmiel
Brokers

Tiger Brokers Partners with Grafa to Enhance Trading App

  • UP Fintech's trading brand integrates an AI newsfeed for enhanced trading insights.
  • It will give users access to data-driven news about the most popular assets.
Tuesday, 19/03/2024 | 09:14 GMT by Damian Chmiel
CryptoCurrency

Tiger Trade to Include Crypto Trading for Hong Kong Investors

  • UP Fintech gets a Hong Kong license to deal in crypto via the Tiger Trade platform.
  • The company will offer crypto trading for professional investors from the region.
Thursday, 25/01/2024 | 10:09 GMT by Damian Chmiel
Retail FX

UP Fintech's Third Quarter Ends with 24,604 More Customers

  • The Tiger Brokers parent reported almost 300% higher net income than a year before.
  • Other critical financial metrics also experienced a significant rise year-over-year.
Monday, 27/11/2023 | 12:44 GMT by Damian Chmiel
Retail FX

Tiger Brokers Goes Big with New Fund Management Venture in Singapore

  • Tiger Fund Management officially started its operations in the Asian market.
  • The firm has secured partnerships with Yuanta Securities, aiming to launch a money market fund.
Thursday, 14/09/2023 | 08:08 GMT by Damian Chmiel
Retail FX

Tiger Brokers Parent Hits $65.1B Trading Volume in Q2, Two-Year High in Profit

  • UP Fintech reports an increase of 23.5% YoY in Q2 2023 revenue, reaching $66.1 million.
  • The company's non-GAAP profit soars to $15.3 million, marking a two-year record high.
Tuesday, 29/08/2023 | 09:20 GMT by Damian Chmiel
Retail FX

New Zealand’s FMA Orders Tiger Brokers to Pay $900k for AML/CFT Breaches

  • The Australian court has fined Tiger Brokers for breaching the AML and CFT law.
  • The case concerns violations between 2019 and 2020.
Thursday, 29/06/2023 | 07:38 GMT by Damian Chmiel
Retail FX

UP Fintech Q1 2023 Revenue Jumps 26% YoY to $66.3m

  • The results came in higher than in the strong period of Q4 2022.
  • The company recently released a financial AI based on ChatGPT.
Tuesday, 30/05/2023 | 09:50 GMT by Damian Chmiel
Retail FX

Tiger Brokers Launches Industry's First AI Investment Assistant, TigerGPT

  • The service is currently available in user testing.
  • It offers stock and market data, delivering analyses from many sources.
Wednesday, 12/04/2023 | 09:49 GMT by Damian Chmiel
Retail FX

UP Fintech Reports 2022 Revenue of $225M and Third Profitable Year in a Row

  • The company's CEO said Fed interest rate hikes boosted overall results.
  • The company closed a third profitable year in a row.
Wednesday, 29/03/2023 | 09:02 GMT by Damian Chmiel
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