(1) iFAST: Can ePension and UK digital bank deliver record earnings?
iFAST is aiming for the ePension segment to see a sharp spike in earnings with the new Hong Kong eMPF system starting operations in 2023. iFAST Global Bank (IGB), the company’s UK digital bank is also scheduled to offer online accounts during 2023. I’m expecting IGB to be popular among the company’s Asian customers because the United Kingdom is a global financial hub and a trusted financial jurisdiction. iFAST has 760,000 customers across five countries so there should be ample cross-selling opportunities. If all goes well, higher ePension earnings and net interest income will result in overall net profit growing at least 150% year on year in 2023.(2) Datadog: Will billings grow during a recession?
Datadog has consistently grown revenue and billings...
