Alta Finance, a fintech company that operates an investment advisory business, EdviThe investment arm of the Singapore Economic Development Board.
This investment is Alta Financedigital assets platform in Singapore and internationally.
Founded by former Google executives and based in the United States and Singapore, Alta Finance aims to give broader access to financial tools and products typically available only to the ultra-wealthy.
The platform offers investment opportunities and strategies traditionally limited to family offices and private banks in a more accessible, user-friendly interface.
Arta Finance uses artificial intelligence and technology to create personalized investment strategies supported by dedicated support for each member.
EDBI joins Arta’s global investor group, which includes Peak XV, Ribbit Capital and Coatue.
The funding will support the development of Arta’s platform and contribute to fostering Singapore’s venture incubation ecosystem.
Currently operating in the US, Arta Finance is gearing up for international expansion, starting with Singapore later this year.
The company reports that it has seen significant growth in its U.S. membership base over the past 18 months, attracting both new and experienced investors.
If you are interested in Alta Finance’s expansion into Singapore, please contact the company Website.
Caesar Sengupta, CEO of Alta Finance, said:
“We are extremely grateful for the support of EDB, who has been with us all along from the beginning. Their guidance has been extremely helpful in bringing Arta’s product to fruition.”
“We are pleased to welcome EDBI as an investor in Arta and further strengthen our vision of expanding our platform globally. Together, we will work to build a wealth management platform that sets a new benchmark in the industry.”
Paul Ng, CEO of EDBI, said:
“Arta’s decision to establish its global headquarters in Singapore and develop its AI-powered fintech platform highlights the country’s strong innovation ecosystem and advanced digital infrastructure, making Singapore the perfect location for global founders to expand their businesses.”
This company will be an important addition to our ecosystem and create exciting job opportunities.”
Featured Image Credit: Free Pick
