Little impact from Chocolate Finance’s suspension of instant withdrawals: competitors
Endowus, StashAway and Syfe add that it is largely business as usual
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[SINGAPORE] Digital wealth platforms say they did not see a spike in withdrawals or customer enquiries, after fellow competitor Chocolate Finance announced a suspension of withdrawals on Monday (Mar 10).
Players in the same space, such as Endowus, StashAway and Syfe, reported that it was largely business as usual.
Instead, Endowus has seen a continued, steady inflow into its cash management solutions and money market funds from individuals and institutions.
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