Singapore – 14 March 2025 – iFAST Corporation Ltd. (“iFAST Corp”, including its group of companies), a global digital banking and wealth management platform provider, is expanding its international presence through a strategic collaboration with TSFC Securities Public Company Limited (“TSFC”), a leading financial securities company in Thailand, backed by major shareholders including the Stock Exchange of Thailand (SET), Ministry of Finance (MOF), and Government Savings Bank (GSB).

This partnership, facilitated by Enterprise Singapore, marks iFAST Corp’s first venture into Thailand. The partnership aims to broaden cross-border investment opportunities for a wide range of market participants, including brokers, asset managers and non-retail investors in the Thai capital market. 

The signing ceremony took place during the 7th Singapore-Thailand Trade and Economic Relations (STEER) Ministerial Meeting presided by Dr. Tan See Leng, Singapore’s Second Minister of Trade and Industry (MTI) and Mr. Phichai Naripthaphan, Thailand’s Minister of Commerce, several key Memoranda of Understanding (MOUs) were signed between Singaporean and Thai public and private sector entities during the event. 

Among these, the MOU between iFAST Corp and TSFC was signed by Mr. Lim Chung Chun, Chief Exective Officer of iFAST Corp, and Mr. Udomkarn Udomsab, Managing Director of TSFC., setting the stage for a groundbreaking fintech initiative and reflects a tangible step forward in cross-border financial collaboration between two nations.

Following the signing, both parties will collaborate on the study and develop a co-branded fintech platform. This platform will leverage TSFC’s extensive financial network in Thailand and iFAST Corp’s experience in global bond market, allowing Thai brokers, asset managers and non-retail investors, to seamlessly trade offshore bonds, including US Treasuries, with feature of real-time executable pricing and full price transparency – characteristics still uncommon in traditional bond markets.

This initiative is supported by iFAST Corp’s status as a Recognised Market Operator (RMO) approved by the Securities Commission Malaysia. Representing a key milestone under iFAST Corp’s Three-Year strategic Plan roadmap (2025-2027).
A key pillar of iFAST Corp’s vision is to create a “Truly Global Business Model”, providing accessible digital investment and banking solutions to investors worldwide. In line with this vision, iFAST Corp. seeks to co-develop fintech innovations with strategic partners such as TSFC. By integrating iFAST Corp’s technological and market expertise with TSFC’s deep local insights and capital market experience, the partnership is expected to strengthen iFAST Corp’s digital banking and wealth management capabilities globally.

Mr. Lim Chung Chun, CEO of iFAST Corp, stated:
“We believe bond products are an inherently transparent and valuable investment instruments that should be accessible to investors through full price transparency, lower investment thresholds, and reliable research support.

This initiative with TSFC represents another important step toward our goal of making bond product more accessible and widely adopted by investors in Thailand.”