The Manila Times on Nostr: Longbridge Group Singapore Secures Additional USD $100 Million in Funding, Achieves ...
Longbridge Group Singapore Secures Additional USD $100 Million in Funding, Achieves Profitability and Accelerates Global Expansion of Its 'Securities + Technology' Business Model
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Longbridge Group Singapore has secured over USD $100 million in additional funding from various investment institutions, following its Pre-A round. The company has accumulated over USD $100 million in total financing. With this new funding, Longbridge Group plans to accelerate its global market expansion, focusing on Asian markets and extending its reach to Europe, the Americas, and the Middle East. Longbridge Group received USD $10 million in Pre-A round financing in May 2021. It has obtained over 21 financial compliance licenses and qualifications across Asia. Longbridge Group's securities business, 'Longbridge,' offers high-quality products at affordable prices and has become the fastest internet broker to enter the Top 100 in trading volume on the Hong Kong Stock Exchange. Its technology business, 'Longbridge Whale,' has gained favor among numerous brokers in Asia with its 'Securities as a Service' concept. Longbridge Group has offices in nine locations globally and aims to become a leader in fintech innovation worldwide.
#LongbridgeGroup #Singapore #Funding #Profitability #GlobalExpansion #Securities #Technology
https://www.manilatimes.net/2024/06/28/public-square/pr-newswire/longbridge-group-singapore-secures-additional-usd-100-million-in-funding-achieves-profitability-and-accelerates-global-expansion-of-its-securities-technology-business-model/1953896
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Longbridge Group Singapore has secured over USD $100 million in additional funding from various investment institutions, following its Pre-A round. The company has accumulated over USD $100 million in total financing. With this new funding, Longbridge Group plans to accelerate its global market expansion, focusing on Asian markets and extending its reach to Europe, the Americas, and the Middle East. Longbridge Group received USD $10 million in Pre-A round financing in May 2021. It has obtained over 21 financial compliance licenses and qualifications across Asia. Longbridge Group's securities business, 'Longbridge,' offers high-quality products at affordable prices and has become the fastest internet broker to enter the Top 100 in trading volume on the Hong Kong Stock Exchange. Its technology business, 'Longbridge Whale,' has gained favor among numerous brokers in Asia with its 'Securities as a Service' concept. Longbridge Group has offices in nine locations globally and aims to become a leader in fintech innovation worldwide.
#LongbridgeGroup #Singapore #Funding #Profitability #GlobalExpansion #Securities #Technology
https://www.manilatimes.net/2024/06/28/public-square/pr-newswire/longbridge-group-singapore-secures-additional-usd-100-million-in-funding-achieves-profitability-and-accelerates-global-expansion-of-its-securities-technology-business-model/1953896