Ayondo sees Asia making up 50% of its revenue by 2019
Genevieve Cua
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
FINANCIAL technology and social trading firm Ayondo expects Asia to account for 50 per cent of its revenues by 2019, compared to a "very small" share of revenues today.
Robert Lempka, Ayondo founder and chief executive, said: "In 2017 we expect a lot of growth in Asia ... It's clearly our growth market. That's why we chose to be here in Singapore and to look at a listing. We believe the region is our future."
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant