TigerWit, a UK-headquartered , has announced the results for its financial year, ended on the 31st of March 2020, this Monday in which the company has achieved record revenues.
In particular, TigerWit has achieved record revenues of $27.5 million. This represents an increase of 24 per cent from the prior-year period. Furthermore, the company has expanded its global network of partnerships as well as increased its presence in emerging markets globally.
“These investments position us to offer an innovative suite of trading and fintech products to retail investors around the world. This strategy is becoming a reality with our multi-jurisdiction regulation, establishment of regional partnerships and product innovation.
“Despite the uncertainty of what the global coronavirus pandemic presents, we have ensured we do our utmost to protect our employees by providing them with everything they need to be able to work safely from home. This financial year has commenced strongly in the face of today’s uncertain economic climate and we continue to grow, looking forward to the months and years ahead with great optimism.”
TigerWit: expansion and diversification
As , TigerWit has big plans for 2020 – expansion and diversification. At the beginning of this year, a Financial Services license from Hong Kong’s (SFC).
The acquisition of the new licence is in line with the company’s plans for expansion. TigerWit, which is a based in the United Kingdom with roots in Asia, already has licenses in the UK with the (FCA) and in the Bahamas.
Be First to Comment