UP Fintech Holding, a Singapore-based online brokerage firm, reported a rise in Q2 revenue due to strong user engagement. The company offers comprehensive brokerage services through its integrated single-account structure, empowering users to trade across different global markets. Its value-added services include investor education, community engagement, and IR/PR platform. The firm primarily operates in New Zealand, Singapore, and the United States.
Singapore-based online brokerage firm UP Fintech Holding Limited has reported a significant rise in its Q2 revenue, driven by strong user engagement. The company's comprehensive brokerage services, which include an integrated single-account structure enabling users to trade across various global markets, have proven to be a strong draw for investors.
UP Fintech Holding's Q2 revenue reached $138.7 million, surpassing FactSet's estimate of $118.1 million [1]. This performance is attributed to the firm's value-added services such as investor education, community engagement, and its IR/PR platform, which have bolstered user satisfaction and loyalty.
The company primarily operates in New Zealand, Singapore, and the United States, and its strategic expansion into these markets has contributed to its revenue growth. UP Fintech Holding's focus on providing a seamless trading experience and robust support services has positioned it as a preferred choice for investors seeking to diversify their portfolios across different markets.
In a separate development, New Zealand has introduced a new Business Investor Visa aimed at attracting experienced foreign investors to actively manage businesses in the country. This visa, set to open for applications in November 2025, offers two investment options: a NZ $1 million investment in an existing business for a three-year work-to-residence pathway, or a NZ $2 million investment for a 12-month fast-track to residence [2]. The new visa complements the Active Investor Plus Visa, which was updated earlier this year, and is part of broader immigration changes designed to draw investment, talent, and international networks to New Zealand.
References:
[1] https://www.marketscreener.com/news/earnings-flash-tigr-up-fintech-holding-limited-reports-q2-revenue-138-7m-vs-factset-est-of-118-ce7c50dedb8cff24
[2] https://economictimes.indiatimes.com/nri/work/new-zealand-introduces-new-investor-visa-for-foreign-business-owners/articleshow/123539197.cms
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