iFast eyeing Europe for potential digital banking licence

Singapore

WEALTH management platform iFast Corporation has been one of the top performing stocks on the Singapore Exchange this year. Its shares have nearly trebled in value as investors anticipate better financials and growth prospects in overseas markets.

The company has set out its ambition to build a global business model. Europe would be among the jurisdictions considered as part of its plans to pursue more licences, chief executive Lim Chung Chun told The Business Times in an interview.