Company Background Some of you might be using FSMOne to buy and sell unit trusts, ETFs, stocks, bonds or even invest in their managed portfolios. FSMOne is just one of the services provided by iFAST. The B2C division caters to DIY investors while the B2B division caters to over 400 financial advisory (FA) companies, financial institutions and banks, which in turn have more than 9,000 wealth advisers. The B2B2C division is new and focus on providing fintech solutions to corporates who want to reach out to consumers without developing the infrastructure. iFAST makes money from fees charged to the various customer segments they serve. The B2B & B2C segments are the only 2 segments generating revenue at the moment, with B2B contributing 65% of the net revenue in 1Q2020. iFAST also reports that 80.9% of its revenue in the period between 2016 and 1Q2020 were recurring...