What EDBI’s investment means for Arta’s international plans

Unlocking Wealth Opportunities Worldwide

What EDBI’s Investment Means for Arta’s International Plans

Read the Press Release - Sep 11, 2024

Our vision of making advanced wealth management tools accessible to more people is taking a significant leap forward as we prepare to launch the Arta platform internationally via Singapore.

Why Singapore? Singapore is a vibrant hub for wealth management, and its strategic importance in Asia cannot be overstated. According to the BCG Global Wealth Report 2024, Singapore is expected to be the fastest-growing booking center in Asia, with a compound annual growth rate of 8.5%. This makes the city-state the perfect springboard to reach a global audience.

We’re bringing to Singapore a platform that has already empowered many in the U.S. by offering tools and financial opportunities traditionally reserved for the ultra-wealthy. This is an important next step in our mission to give more people the power to unlock investment opportunities that were previously out of reach.

Arta Finance welcomes investment from EDBI

We’re also pleased to announce that EDBI, the strategic investment arm of the Singapore Economic Development Board, has joined our growing list of global investors. We are deeply honored by EDBI’s support, as it reflects Arta Finance’s alignment with Singapore’s vision of becoming a global leader in finance and technology, offering world-class products, services, and opportunities.

As Paul Ng, CEO of EDBI, put it:

“Arta’s decision to establish its global headquarters and develop an AI-enabled fintech platform in Singapore underscores the country’s robust innovation ecosystem and advanced digital infrastructure, making it a prime destination for global founders to scale their businesses. The company is a valuable addition to our ecosystem and is set to create exciting job opportunities.”

“Arta’s decision to establish its global headquarters and develop an AI-enabled fintech platform in Singapore underscores the country’s robust innovation ecosystem”

We couldn’t agree more. Singapore offers a unique environment that empowers us to scale, innovate, and modernize finance. With EDBI’s support, we continue to develop cutting-edge technology that transforms how people approach their wealth, providing them with the tools to grow, protect, and fully enjoy it.

Arta’s dual headquarters approach

Some may ask why we chose to be dual-headquartered in the U.S. and Singapore. The answer lies in the complementary strengths of both regions. Silicon Valley is the beating heart of innovation and technology, offering us access to top-tier talent and cutting-edge advancements. Being based in the Bay Area enables us to stay at the forefront of wealth tech innovation, leveraging a robust network of innovators and leaders in both technology and finance.

At the same time, Singapore is quickly becoming a global capital of wealth management and tech. The country offers a unique blend of entrepreneurs from diverse backgrounds, creating an unparalleled ecosystem for growth. By positioning ourselves in these two hubs, we are at the center of both financial innovation and wealth management expertise.

Silicon Valley has long been a global leader in tech, and now Singapore is emerging as a dynamic wealthtech innovation hub. Being rooted in both locations, Arta is at the forefront of advancements in finance and technology, which are essential for reshaping wealth management's future. 

Importantly, these locations also allow us to reach the audience that is seeking our services, too. It’s a clear choice.

The future of wealth management is here

As we expand globally, our focus remains clear: build a digital wealth platform that makes investing simple, accessible, and impactful for more and more people. We’re not just modernizing wealth management; we’re meeting the needs and expectations of a new generation of wealth-builders. We are incredibly excited about the future and can’t wait to continue this journey with all of you - whether in the U.S., Singapore, or internationally. 

To be among the first to be notified of our launch in Singapore, please leave your details at www.artafinance.com/sg.

Thank you for your trust and support as we take this exciting step forward.

Read the Press Release - Sep 11, 2024

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About Arta Finance

Founded by ex-Google executives, Arta Finance is a digital wealth platform for the savvy that enables more people to access the financial advantages of the ultra-wealthy. The platform provides access to private market investments from elite fund managers, intelligent public market portfolios, and sophisticated financial services such as tax and estate planning. Headquartered in the US and Singapore , Arta serves its members directly as well as empowering financial institutions to expand wealth management to new clients. Arta is backed by Peak XV, Ribbit Capital, Coatue, and over 140 luminaries in tech and finance. Learn more at artafinance.com

About EDBI

Established in 1991, EDBI is the strategic investment arm of the Singapore Economic Development Board (EDB), operating as a division under SG Growth Capital. We focus on high-growth technologies and innovators across the Information & Communication Technology, Emerging Technology, and Healthcare sectors, with the aim of creating long-term value and enhancing the capabilities of Singapore’s key industries. We partner with companies poised for expansion in Asia and beyond, using a targeted value creation approach and leveraging our extensive network. We collaborate closely with these companies to identify growth opportunities, develop strategic roadmaps, and facilitate access to essential resources for success in and through Singapore. Learn more at www.edbi.com