StashAway
“Can a Singapore-licensed robo-advisor scale into a full-spectrum digital wealth platform across Asia by layering cash, private markets, and treasury products on top of passive investing?”
Founded2016
HQSingapore
Total raised~$61.4M (as of April 2021)
Latest roundSeries D, 2021
IndustryFintech / Investment
The story
Founded 2016 in Singapore as a robo-advisor for Asian retail investors. Expanded from passive index ETF portfolios into cash-management (StashAway Simple), private markets (Private Credit via Hamilton Lane, Private Infrastructure), and corporate treasury solutions. Operates as a licensed asset manager rather than a banking/payments platform — its 'embedded finance' surface is thin because client cash sits in third-party trust/custodian accounts (DBS, Saxo, HSBC HK).
Last 12 months
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Product timeline
2016
Asia Wealth Platform Pte Ltd incorporated in Singapore· pivot
2017
Received MAS Capital Markets Services license (CMS100604) for fund management· banking
2021
Surpassed $1B AUM; raised $25M Series D led by Sequoia Capital India· banking
2021
Operating in Singapore, Malaysia, UAE, Hong Kong; preparing Thailand launch· pivot
Regulated entities
Capital Markets Services License (Fund Management)
Singapore (MAS) · 2017
Asia Wealth Platform Pte Ltd
Securities and Futures Commission License
Hong Kong (SFC)
StashAway Hong Kong
The stack
Accounting gap: none