The Business Times
business-time-50
SUBSCRIBERS

Singapore robo-adviser Smartly folds business

google-preferred-sourceAdd BT as a preferred source
Published Wed, Mar 25, 2020 · 03:05 AM

SINGAPORE-BASED robo-adviser Smartly has ceased operations after fewer than three years in the business.

It said "intense" competition in the digital advisory space has led to this "difficult" decision, according to a note seen by The Business Times on Smartly's website.

"Thank you for investing with Smartly. We are writing to inform you that we have taken the difficult decision to cease Smartly's operations in Singapore.

TRENDING NOW

Jumbo Group says its landlord, the National Parks Board, is studying the redevelopment of East Coast Seafood Centre in tandem with longer-term plans for the park.

Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30

The bungalow's transacted price works out to about S$3,169 psf on the freehold land area of 23,979 sq ft.

Shanda co-founder sells Tanglin Hill bungalow for S$76 million

KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

Johor property old hand KSL readies family handover amid market boom

The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More