Growth stocks are companies that grow at rates above that of other listed companies in general.

In Singapore, one such growth stock, in my books, is iFAST Corporation Ltd (SGX: AIY).

It was also picked as one of the Singapore shares to watch in 2020.

Here, let’s explore the company in-depth and why it looks attractive to me.

TL;DR: Is iFAST A Perfect Stock For You? 

Some investment merits of iFAST:

Scalable business Lots of recurring revenue Long runway for growth Reasonable valuation iFAST’s Business Background

iFAST runs an Internet-based investment products distribution platform that provides a comprehensive range of investment products and services to both corporate clients and retail investors. As of 31 December 2019, it had assets under management (AUA) of S$10 billion. 

Right now, iFAST has a presence in Singapore, Hong Kong, Malaysia, China and India.

iFAST has two main business divisions, namely, Business-to-Consumer (B2C) and Business-to-Business