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Ayondo sees Asia making up 50% of its revenue by 2019

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."

The firm is in the process of shifting its headquarters out of Switzerland into Singapore....

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