Digital wealth manager Stashaway has launched an operation in Thailand.
The platform will now provide exchange-traded funds to Thailand residents and is regulated by the Thai Securities and Exchange Commission (SEC).
Tim Niranvichaiya, StashAway Asset Management (Thailand) managing director, said: “People in Thailand increasingly want to invest overseas to diversify their portfolios more effectively, but aren’t able to access these investment options easily because of how complex and expensive they are.
“That’s where StashAway can make a significant difference to people’s long-term financial success.”
Singapore-headquartered StashAway was founded in 2016, with licences also in Malaysia, Dubai (DIFC) and Hong Kong.