In 2QFY2021, Tiger Brokers Singapore’s parent company, UP Fintech Holding, saw revenue surge 98.7% y-o-y to US$60.2 million.
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Tiger Brokers has reported that its Singapore business has seen a 90% y-o-y growth in the number of account openings made by those from Generation Z (Gen Z).
In addition, Gen Z investors in Singapore increased their purchase of stocks, futures and options by nine-fold during the quarter, compared to the same period a year ago.
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