iFAST Global Bank Limited

iFAST Global Bank Limited

Banking

The UK digital bank that bridges you to the world.

About us

iFAST Global Bank (iGB) is a licensed bank in the United Kingdom providing connectivity to consumers, corporates and financial institutions.

Website
https://www.ifastgb.com
Industry
Banking
Company size
51-200 employees
Headquarters
London
Type
Privately Held
Founded
2003
Specialties
Client Focus, UK Domestic and International Payments, Cash Management Solutions, Foreign Exchange, SME, Client Money Accounts, Faster Payment Scheme, CHAPS, Multi-currency Account, and Multi-currency deposit

Locations

Employees at iFAST Global Bank Limited

Updates

  • View organization page for iFAST Global Bank Limited, graphic

    7,404 followers

    Enjoy fast and free cross-currency transfers with iFAST Global Bank! With EzRemit, you can now send money to over 50+ countries in 25+ different currencies, making international transfers smoother and more convenient than ever before. Here's how easy it is sending money home with iFAST Global Bank: No fees You can enjoy sending money without any fees if you send money in the cross-currency international payments. Fast transfers via EzRemit With EzRemit, many of our international payments now arrive in just minutes, and within 48 hours at most*. While traditional way of sending international payment might take 2 to 5 working days, we are actively working to bring fast transfers to all our international payments. Stay tuned as we continue to roll out this game-changing feature, making global transactions quicker and more convenient for you! Great FX rates Benefit from one of the best rates when transferring money to more than 25+ currencies. Plus, enjoy transparent and live exchange rates updated every minute. Your money is protected As a fully-licensed UK Bank, your eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) at up to £85,000 per person. Send money with confidence and ease—choose iFAST Global Bank for your global cross-currency transfers today! *Subject to receiver country and bank.

    • No alternative text description for this image
  • 📈 iFAST Corporation Ltd. has announced 2Q2024 financial results! At the end of 2Q2024, assets under administration (AUA) for the group increased to a record high of S$22.37 billion as at 30 June 2024. Our net profit soared by 346.1% YoY to S$16.03 million, fueled by a 90.2% YoY to S$119.49 million. 🎊 Overall, the Group expects 2024 to see robust growth rates in revenues and profitability. More details can be found on the Investor Relations homepage of our our iFAST Corp corporate website: https://lnkd.in/g26QN649 #iFAST #iFASTCorporation #FinancialResults #digitalbanking #GlobalBanking #bankingwithoutboundaries

    View organization page for iFAST Corporation Ltd., graphic

    8,884 followers

    iFAST Corp released our 2Q2024 & 1H2024 results on 25 July 2024! These are the key highlights of our latest set of results: 📈 AUA 📈 It's another end-of-quarter record high AUA for the Group, with a 18.9% YoY increase to S$22.37 billion as at 30 June 2024. This was mainly driven by net inflows of S$0.79 billion during the quarter. 💰 Financials 💰 In 2Q2024, the Group’s net profit increased by 346.1% YoY to S$16.03 million, on the back of a 72.9% increase YoY in Group’s gross revenue to S$93.75 million, and a 93.0% increase YoY in net revenue to S$61.38 million. For the first half of 2024, the Group’s total net revenue increased 90.2% YoY to S$119.49 million while net profit increased 364.8% YoY to S$30.54 million. The increase in profitability was driven by contributions from the ePension division, as well as improvements in the Group’s core wealth management platform business. 🔭 Beyond 1H2024.... 🔭 iFAST Group is steadily increasing its capability and presence as a global digital banking and wealth management group, with iFAST Global Bank as part of its global Fintech ecosystem. The Group expects iFAST Global Bank to become an important growth driver in 2025 and beyond. The ePension division in Hong Kong will be an important growth driver in 2024 and 2025, while the overall wealth management platform is expected to continue to show healthy progress. On an overall basis and barring unforeseen circumstances, the Group expects 2024 to see robust growth rates in revenues and profitability compared to 2023. 💲 Dividends 💲 For the second interim dividend for FY2024, the Directors proposed a dividend of 1.50 cents per ordinary share, compared with 1.10 cents per ordinary share declared for the second interim dividend for FY2023. More details can be found on the Investor Relations homepage of our our iFAST Corp corporate website: https://lnkd.in/g26QN649 #iFASTCorp #2Q2024 #1H2024 #results #financials #iFAST #wealthmanagement #digitalbanking #dividends #ePension

    • No alternative text description for this image
  • View organization page for iFAST Global Bank Limited, graphic

    7,404 followers

    iFAST Global Bank, a subsidiary of iFAST Corporation, attended the FINTECH WEEK LONDON event along with other UK Clearing Banks and FinTech providers. We engaged in insightful conversations and established valuable relationships while networking with top fintech innovators and providers. A special thank you to the organisers Fintech Week London for their exceptional efforts in organising this remarkable event.

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
  • View organization page for iFAST Global Bank Limited, graphic

    7,404 followers

    🚀 Dive into the Future of Fintech in 2024! 🌐 We're thrilled to announce our participation as an exhibitor at FINTECH WEEK LONDON. With just 3 days to go, mark your calendars and make sure to visit us. Fintech Week London is where traditional financial institutions come together with new fintechs in one of the world’s leading financial districts, London. iFAST Corporation, is a global wealth management and financial technology platform company listed on the Singapore Stock Exchange. With iFAST Corporation's support, iFAST Global Bank is able to offer a comprehensive suite of products and services tailored to the needs of consumers, corporates, and financial institutions. Join us at the Flagship Conference in Park Plaza. The full address is: 239 Vauxhall Bridge Rd Pimlico SW1V 1EQ London Please be sure to visit us and see how we can support Bank and Non-Bank Financial Institutions with: ·        Payment Solutions ·        Safeguarding Accounts ·        Client Money Accounts ·        A range of Savings Options For personal banking clients we provide: ·        Instant Access Multi-Currency Account ·        Notice Deposits: Flexible options to suit your savings goals ·        International Payments: Free transfers for cross-currency transactions ·        Foreign Exchange (FX) ·        FSCS Protection: up to a total sum of £85,000 eligible deposits per person ·        No Annual Fees, No Subscription Plans, No Minimum or Maximum Balance Requirements Register now and get 15% off admission tickets. Use discount code: iFASTGB2415 https://shorturl.at/gClnm

    • No alternative text description for this image
  • View organization page for iFAST Global Bank Limited, graphic

    7,404 followers

    We're excited to announce that the bank will be participating in Money20/20 Europe 2024! iFAST Global Bank Limited will be joining over 8,500 of fintech's finest for three days in Amsterdam.    We will be exhibiting at Stand 8A100. We look forward to connecting with you, sharing insights into the future of financial innovation, and demonstrating how we can help you achieve your financial goals. If you're heading to Money20/20 Europe, let's connect and explore the opportunities ahead! Our DTB team will be attending, so come along and have a chat with one of our team members: Mark Garrity, Robert Turner-Kerr, Joshua V., Megan Lavall, and Robyn Ong. https://lnkd.in/gtQaajc

    Money20/20 Europe in Amsterdam | 4 - 6 June 2024

    Money20/20 Europe in Amsterdam | 4 - 6 June 2024

    europe.money2020.com

  • View organization page for iFAST Global Bank Limited, graphic

    7,404 followers

    🚀 Dive into the Future of Fintech in 2024! 🌐 We're thrilled to announce our participation as an exhibitor at FINTECH WEEK LONDON. With just 2 weeks to go, mark your calendars and make sure to visit us. Fintech Week London is where traditional financial institutions come together with new fintechs in one of the world’s leading financial districts, London.   iFAST Corporation, is a global wealth management and financial technology platform company listed on the Singapore Stock Exchange. With iFAST Corporation's support, iFAST Global Bank is able to offer a comprehensive suite of products and services tailored to the needs of consumers, corporates, and financial institutions. Join us at the Flagship Conference in Park Plaza. The full address is: 239 Vauxhall Bridge Rd Pimlico SW1V 1EQ London Please be sure to visit us and see how we can support Bank and Non-Bank Financial Institutions with:    ·        Payment Solutions  ·        Safeguarding Accounts  ·        Client Money Accounts  ·        A range of Savings Options For personal banking clients we provide: ·        Instant Access Multi-Currency Account ·        Notice Deposits: Flexible options to suit your savings goals ·        International Payments: Free transfers for cross-currency transactions ·        Foreign Exchange (FX) ·        FSCS Protection: up to a total sum of £85,000 eligible deposits per person ·        No Annual Fees, No Subscription Plans, No Minimum or Maximum Balance Requirements Register now and get 15% off admission tickets. Use discount code: iFASTGB2415 https://shorturl.at/gClnm

    • No alternative text description for this image

Similar pages

Browse jobs