SINGAPORE, June 28, 2024 /PRNewswire/ -- CapBridge Pte Ltd
("CapBridge"), a leading investment syndication and financial
products platform and a member of FOMO Global Holdings Pte Ltd
("FOMO Group" or the "Group"), has announced a partnership with
Moomoo Singapore, an advanced financial technology company
transforming the investing experience through its digitalised
brokerage and wealth management platform.
This collaboration aims to empower CapBridge's clients by
providing direct and secure access to Moomoo's extensive investment
products via CapBridge's fully licensed custodian service,
CapBridge Nominee Pte Ltd.
CapBridge's clients can now seamlessly invest in a diverse range
of public market products offered by Moomoo, including stocks,
ETFs, and funds from the United
States, Singapore, and
Hong Kong markets, via CapBridge's
one-stop digital investment platform. This move is in line with
CapBridge's strategy to expand its investment product suite to
include both traditional and digital assets sourced from top-tier
suppliers, delivering best-in-class investment opportunities for
investors.
As a Capital Markets Services licensee regulated by the Monetary
Authority of Singapore (MAS),
CapBridge offers integrated financial solutions by providing
custodial, private and public market investment services, covering
securities and funds. This consolidated approach ensures that
clients have all their portfolio allocation needs met under one
roof, streamlining processes and removing the need to engage with
multiple service providers.
Mr. Johnson Chen, Founder and CEO
of CapBridge, said, "We are delighted to collaborate with Moomoo to
elevate the investment experience for our clients. By integrating
Moomoo's diverse investment offerings into our platform, we aim to
provide unparalleled public market investment opportunities on a
global scale. Additionally, our clients can enjoy increased
efficiency and convenience by having custodial and investment
services consolidated under one single provider within CapBridge's
full suite of financial products. This can lead to faster execution
of investment decisions, smoother account management, and
simplified reporting, reconciliation and communication."
Based in Singapore, one of the
leading global financial hubs, CapBridge utilizes digital processes
and innovative investment structures to deliver top-quality
opportunities across asset classes to HNWIs and institutional
clients. In August 2023, FOMO Group
completed the acquisition of CapBridge, further solidifying the
Group's position as a fully integrated and regulated digital
payment, digital banking, and digital asset solution provider in
Asia.
Backed by Nasdaq-listed Futu Holdings Limited, Moomoo Singapore
is a capital markets services license holder regulated by the
Monetary Authority of Singapore
(MAS). It is the first digital brokerage in Singapore to receive approval for a Major
Payment Institution License – Digital Payment Token Service from
the MAS.
This partnership between CapBridge and Moomoo underscores the
company's commitment to fostering collaborations with trusted
partners, expanding product offerings, and delivering secure,
compliant, and value-added services to its esteemed clientele.
About FOMO Group
Founded in 2015, FOMO Group is a Singapore-based financial holding group,
globally recognized and trusted by institutional and corporate
clients as a leading one-stop digital payment, digital banking and
digital asset solutions provider. With a commitment to seamlessly
bridging Web 2.0 and Web 3.0 ecosystems, FOMO Group owns three
financial institutions which operate independently from each
other:
- FOMO Pay – A major payment institution regulated
under the Payment Services Act to conduct Cross-border Money
Transfer Service, Domestic Money Transfer Service, Digital Payment
Token Service, and Merchant Acquisition Service. The firm is
currently building Asia's first
licensed gateway helping institutions and businesses to connect
between fiat and digital currency.
- CapBridge – A Capital Markets Services licensee
licensed to deal in capital markets products, including securities
and collective investment schemes, and provide custodial services.
It is also an exempt financial adviser permitted to advise on
investment products and to issue or promulgate analyses and reports
on such investment products.
- 1exchange – A licensed and regulated private
securities exchange with a Recognized Market Operator License,
allowing companies and investors to list and trade regulated
financial products.
For media inquiries, contact media@capbridge.sg.
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