Floating Button
The Edge Singapore
Sign In
Home Capital Broker's Calls
Premium
Broker's Calls

iFAST still a 'buy' despite failing to obtain digital bank licence: DBS

Jeffrey Tan
Jeffrey Tan • 2 min read
iFAST still a 'buy' despite failing to obtain digital bank licence: DBS
DBS expects iFAST’s assets under administration (AUA) growth to outpace the industry growth even without a digital bank licence.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

iFAST Corp may have failed to clinch the coveted digital wholesale bank (DWB) licence in Singapore.

But the internet-based investment product distribution platform company is still rated a “buy” with an unchanged target price of $3.96 by DBS Group Research.

This is due to the company’s expanding range of products and services, according to the brokerage.

TAGS
digital wholesale bank (DWB) licence
Yillion Group
Hande Group
Monetary Authority of Singapore (MAS)
iFast Corporation

Highlights

Trending Now
DBS CEO Tan Su Shan earns $9.6 mil in FY2025; predecessor Piyush Gupta paid $4.2 mil
US tells tariff refund judge it can’t comply with order
JPMorgan sticks with ‘overweight’ on Singtel as share buybacks begin early
Sembcorp refutes reports that its Fujairah 1 plant in UAE damaged; no gas imports from Middle East scheduled this year
Look upstream to SIA Engineering, China Aviation Oil as war breaks out: OCBC

Related News

New workgroup to draw growth capital into Singapore
Singapore economy

New workgroup to draw growth capital into Singapore

February 13, 2026
IFAST share price dips despite strong earnings 4QFY2025 announcement; DBS maintains ‘buy’ at $12
Broker's Calls

IFAST share price dips despite strong earnings 4QFY2025 announcement; DBS maintains ‘buy’ at $12

February 13, 2026
iFast Corp's FY2025 earnings cross $100 million mark
Results

iFast Corp's FY2025 earnings cross $100 million mark

February 12, 2026
Get market-moving insights before anyone else
Never miss out on important financial news and get daily updates today
×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
Topics
Broker's CallsResultsBanking & finance
PropertyContractsAll flash categories
Products & Services
NewsNewsletterVideosOptions
SG60AdvertisingT&CsSitemap
About Us
Our CompanyContact UsEditorial TeamJoin Us
Advertise with usFAQsPrivacy PolicyMalaysiaEvents
© 2026 The Edge Publishing Pte Ltd. All rights reserved.