Singapore's Temasek Trust to acquire robo adviser MoneyOwl

[tripleme]

SINGAPORE (Nov 28): Temasek Trust, the philanthropic arm of Singapore's state investment firm Temasek Holdings, said on Tuesday it has agreed to buy robo financial adviser MoneyOwl from NTUC Enterprise Co-operative Ltd.
Financial details of the acquisition were not disclosed in the statement.
Temasek Trust said the purchase is aimed at developing targeted products to better meet the needs of key workers, gig economy workers and younger people.

https://theedgemalaysia.com/node/691780

 

[EXIDBeast]

I had to Google philanthropic to see if I got the definition correct

 

[wwenze]

Lolololololololol

Lolololololololololololololol

Lucky Singapore has no SEC; look what they did to Grab on the first day

 

[PapaWith3Kids]

Community and make profit? Can meh?

 

[s0crates]

Idk what government is doing. Got other entities looking at financial literacy already, like IFL, why bother acquiring NTUC's project?

What's the price for the acquisition? Better be low zzz

 

[s-ghost]

not the team's own money buy what also can

 

[To the Last Breath]

Shows that financial advisor skills more or less AI can replace / useless
The ones with real skills are in hedge funds

 

[blue666]

Ownself buy ownself

money goes from one pocket to another

 

[meepokkia]

Buy for how much? Govtech can't help to make something like this?

 

[forests_gump]

I thought the all almighty Temasek Holdings, investment arm should be giving financial adviser... now have to depend on simi MoneyOwl ?!?

 

[buttbERry]

this one good or not?

 

[lizzykai]

Wonder how much, will they review?

 

[nats7798]

Job creation

boost economy

 

[orhneeorh]

not closed down meh?

https://www.sgmoneymatters.com/moneyowl-close-down-robo-advisors-alternatives/#:~:text=What happens to your investment,to iFAST Financial Pte Ltd.

https://www.businesstimes.com.sg/wealth/robo-advisory-firm-moneyowl-wind-shock-announcement

 

[wwenze]

not closed down meh?

https://www.sgmoneymatters.com/moneyowl-close-down-robo-advisors-alternatives/#:~:text=What happens to your investment,to iFAST Financial Pte Ltd.

https://www.businesstimes.com.sg/wealth/robo-advisory-firm-moneyowl-wind-shock-announcement

Shhhhhhhhhh

 

[rider83]

They cant differentiate owl with goat?

Dont later lose money again then use moneyOwl as scapeGoat.