Minterest opens first fintech experiential store at Suntec City Mall
Award-winning integrated digital financial services solutions provider, Minterest, has opened its first fintech experiential store at Suntec City Mall.
The mall is managed by ARA Asset Management.
The physical storefront will provide non-banking digital financial investment services such as investor education on digital investments, application for financial loans via the Minterest Money platform, as well as complimentary financial health assessment to help new investors discover their investment profiles.
The store is the first of its kind currently and puts Minterest ahead of its competitors, which currently offer digital-only services in non-banking financial services.
The store will also have Minterest’s team of investment advisors to provide service support and advice.
To date, Minterest has raised some $200 million via its platform.
It is the only digital investment platform in Southeast Asia to offer institutional-grade real estate investment opportunities to retail investors.
According to the Alternative Assets in Asia-Pacific report published by Preqin, investors are looking at private capital to profit from the fast-growing and diverse markets in Asia Pacific.
Private capital assets under management (AUM) focused on the region has expanded almost six-fold over the past decade, rising from US$388 billion ($522.27 billion) as at end-2011 to US$1.71 trillion in September 2020.
“Investment opportunities should not only be available to the sophisticated investors or high net worth individuals. We are breaking down barriers so that everyone has access to institutional investment opportunities at their fingertips,” says Minterest co-founder and COO Ronnie Chia.
“Through our differentiated approach to digital wealth management, we simplify the investment process and provide bite-sized investment opportunities to the masses,” Chia adds.
“Our first experiential store will allow corporates, consumers and the investment community to connect and experience an all-in-one integrated platform to invest, earn, borrow, and pay,” says Minterest co-founder and CEO Charis Liau.
The article was contributed by The Edge Singapore.