A Scalable Platform with Recurring Income
iFAST derives most of its revenue from recurring fees on assets under administration (AUA), advisory fees, and more recently, banking revenue. Unlike typical brokers, revenue is not driven by trading volumes but by the amount of assets that come onto the platform. The figures confirm this trend. In the third quarter of 2025 (3Q2025), AUA stood at S$30.62 billion, a 29.6% year-on-year (YoY) increase, with net inflows of S$1.49 billion...iFAST Corporation (SGX: AIY) has emerged as a success story for Singapore’s fintech sector.
The company started as a local investment platform, and has now grown into a multi-market wealth management hub, offering a range of financial products, from investment distribution to pension solutions.
Recent initiatives, including digital banking and international expansion, have pushed the share price to a 52-week high of S$11.60 (on 28 January 2026).
The key question for investors: is iFAST expanding too fast, or is this just the beginning of a longer growth story?