Amid plans to expand successfully outside Southeast Asia, WeInvest will focus on offering digital wealth solutions to financial institutions in Hong Kong, China, Taiwan and South Korea

HONGKONG, CHINA - Media OutReach - 28 January 2019 - WeInvest,a Singapore-based WealthTech firm, announced today its entry into North Asiawith Thomas Tse as Head of Sales.  Thomaswill lead WeInvest's efforts to provide digital wealth solutions to financialinstitutions across Hong Kong, China, Taiwan, and South Korea. WeInvest'sproducts cater to the needs of both affluent/HNI based wealth managers andothers targeting the mass market and emerging affluent.

Thomas brings with him over 15 years ofexperience in financial technology including strategic consulting, digitalwealth transformation, enterprise architecture and solution design. Beforejoining WeInvest, Thomas led Sales and Business Development for Greater Chinaat Bloomberg and Finantix. He will be based in Hong Kong.

Commenting on theappointment, Bhaskar Prabhakara, CEO and Co-Founder of WeInvest said, "WithThomas's expertise across financial technology sales and wealth managementsolutions, we look forward to serving clients in  North Asia,. We believe Thomas will workclosely with financial institutions and bring the best of WeInvest's digitalwealth solutions to the market. We look forward to Thomas being a greataddition to the senior leadership team, where he can power the growth of a keymarket and also bring regional flavours to the WeInvest product portfolio."

He further added, "The totalassets in Hong Kong's asset and wealth management industry reached HK$24.27trillion at the end of 2017, up from HK$18.2 trillion as compared to theprevious year^[1].This pace of growth presents a huge opportunity to bring cutting edge digitalwealth solutions to the market"

Speaking on the futureopportunities for WeInvest in the region, Thomas said, "Hong Kong and rest ofNorth Asia have very similar considerations to make but there is definitely agrowing demand for sophisticated digital wealth solutions. With the many newinitiatives such as 'Belt and Road', 'Greater Bay Initiatives' and 'VirtualBanking', there will certainly be a change in the landscape of financialtechnology.. I am excited to lead the team in North Asia where we foresee manyopportunities and be part of the ecosystem as the industry evolves."

WeInvest recently expandedinto Middle East.  The firm has beencollaborating with two digital wealth platforms i.e. OCBC RoboInvest with Singaporebased OCBC bank and eWealthwith CGS-CIMB Securities.

WeInvest secured Series Afunding of US$12.2 million from Schroders in 2018, enabling it to furtherexpand the product suite as well as geographic presence.

About WeInvest

Founded in 2015 and based in Singapore, WeInvestis a fintech which enables financial institutions to launch a digital wealthoffering. WeInvest is operational in Singapore, Dubai, Hong Kong, India,Indonesia, Malaysia and Thailand.

For more information, please visit: www.weinvest.net.