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EDBI invests undisclosed amount into digital wealth platform Arta Finance ahead of global expansion

Cherlyn Yeoh
Cherlyn Yeoh • 2 min read
EDBI invests undisclosed amount into digital wealth platform Arta Finance ahead of global expansion
Headquartered in both US and Singapore, Arta Finance will only be available to Singapore later this year. Photo: Bloomberg
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Digital wealth platform Arta Finance has received an undisclosed amount of funding from Singapore’s Economic Development Board Investment (EDBI) ahead of its plans to expand internationally, according to a release dated Sept 11. 

Arta, which is headquartered in both the US and Singapore, provides financial tools and products of the ultra-wealthy to a larger cohort of people. Founded by former Google executives, Arta creates personalised investment strategies for its users, using artificial intelligence, technology infrastructure and customised support, the release notes. 

However, the digital wealth platform is currently only operational in the US, and will be made available in Singapore later this year.  

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