‘Finfluencers’ and their role in the investment sphere come under scrutiny in Chocolate Finance saga
Observers urge caveat emptor as some financial influencers may not be licensed nor qualified
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SINGAPORE] Chocolate Finance’s issues with customers’ instant withdrawals have placed the role of financial influencers, or “finfluencers”, in an uncomfortable spotlight.
A notable incident was financial blogger Seth Wee’s video on Mar 9 about Chocolate Finance’s withdrawal from payment platform AXS as a reason for him to take out his funds from the digital wealth player.
The financial blogger (*see amendment note) has a steady following of some 15,300 on his YouTube channel and has garnered about 55,000 views on that video, as at Mar 14. He also has about 27,600 subscribers on his Telegram channel.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
