Thai wealth management fintech expands into Singapore and India

Thai wealth technology startup Jitta will expand its services to Singapore and India with the $6.5m it raised from a venture capital arm of Kasikornbank in the first half of 2019. the free platform offered by Jitta will provide valuation-based rankings for equity markets in the US, and across Asia, namely in Thailand and Japan. It achieves this by analysing public information, such as earnings, charging a 10% performance fee on top of a 0.5% management fee on its fund. Although the startup is registered as an asset management company, it has yet to receive full regulatory approval fro...