iFAST Corporation

Singapore, Singapore Founded: 2000 • Age: 26 yrs
Investment products are distributed via B2B and B2C platforms.

About iFAST Corporation

iFAST Corporation is a company based in Singapore (Singapore) founded in 2000.. The company has 1,710 employees as of December 31, 2024. iFAST Corporation has completed 1 acquisition, including BFC Bank. iFAST Corporation operates in a competitive market with competitors including Fidelity Investments, Investec, FNZ, UTI Mutual Fund and Bank of America, among others.

  • Headquarter Singapore, Singapore
  • Employees 1710 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ifast Corporation Ltd
Operational Areas
Financial Services → Investment Management & Advisory
Key Metrics
  • Annual Revenue
    $402.13 M (USD)
    34.35
    as on Dec 31, 2025
  • Net Profit
    $77.8 M (USD)
    50.1
    as on Dec 31, 2025
  • EBITDA
    $120.04 M (USD)
    33
    as on Dec 31, 2025
  • Latest Funding Round
    $77.41 M (USD), Post-IPO

    Jan 10, 2022

  • Investors
  • Employee Count
    1710

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of iFAST Corporation

iFAST Corporation is a publicly listed company on the SGX with ticker symbol AIY in Singapore, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: SGX · Ticker: AIY . Sector: Technology services · Singapore
People of iFAST Corporation
Headcount 500-1000
Employee Profiles 63
Board Members and Advisors 7
Employee Profiles
People
Yee Fu Lian
IT Specialist
People
Ying Ying Lai
Software Engineer
People
Dennis Tan Yik Kuan
Managing Director, iFAST Malaysia Sdn Bhd.
People
Wong Soon Shyan
COO

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Board Members and Advisors
people
David Toh Teng Peow
Independent Director
people
Janice Wu Sung Sung
Director
people
Mark Rudolph Duncan
Director
people
Lim Wee Kian
Director

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Funding Insights of iFAST Corporation

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $77.4M
  • First Round

    (10 Jan 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2022 Amount Post-IPO - iFAST Corporation Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in iFAST Corporation

iFAST Corporation has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Lee Thiam Wah. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Angel
Investor Description Founded Year Domain Location

Lee Thiam Wah

-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by iFAST Corporation

iFAST Corporation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BFC Bank. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Challenger bank for SMEs and PSPs.
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - iFAST Corporation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ifast Corporation Comparisons

Employees
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Competitors of iFAST Corporation

iFAST Corporation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fidelity Investments, Investec, FNZ, UTI Mutual Fund and Bank of America, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Wealth management solutions are delivered for asset managers.
domain founded_year HQ Location
Mutual funds, portfolio management, and retirement planning services are offered.
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Platform offering business intelligence solutions that combine data and actionable analytics for clients
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ifast Corporation

Frequently Asked Questions about iFAST Corporation

When was iFAST Corporation founded?

iFAST Corporation was founded in 2000 and raised its 1st funding round 22 years after it was founded.

Where is iFAST Corporation located?

iFAST Corporation is headquartered in Singapore, Singapore.

How many employees does iFAST Corporation have?

As of Dec 31, 2024, the latest employee count at iFAST Corporation is 1,710.

What is the annual revenue of iFAST Corporation?

Annual revenue of iFAST Corporation is $402.13M as on Dec 31, 2025.

What does iFAST Corporation do?

iFAST Corporation was established in 2000 in Singapore as a platform for distributing investment products. Fundsupermart.com was introduced initially as a B2C portal offering research on funds and portfolios. A B2B platform followed in 2003, providing funds, bonds, ETFs, and services including administration and transactions to banks and financial advisory firms. Listing on the Singapore Exchange occurred in December 2014.

Who are the top competitors of iFAST Corporation?

iFAST Corporation's top competitors include Fidelity Investments, Investec and UTI Mutual Fund.

Is iFAST Corporation publicly traded?

Yes, iFAST Corporation is publicly traded on SGX under the ticker symbol AIY.

How many acquisitions has iFAST Corporation made?

iFAST Corporation has made 1 acquisition, including BFC Bank.

Who are iFAST Corporation's investors?

iFAST Corporation has 1 investor. Key investors include Lee Thiam Wah.

What is iFAST Corporation's ticker symbol?

The ticker symbol of iFAST Corporation is AIY on SGX.

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