AI-Powered Apps Are Built to Disrupt Wealth Management
Fintechs worldwide are launching apps that leverage artificial intelligence to provide wealth management services to high-net-worth individuals. Singapore has a significant concentration of high and ultra-high-net-worth individuals, with investible assets exceeding $1 million and $50 million, respectively. To cater to this niche, firms like U.S.-based fintech Arta Finance have entered the market. In October, Arta…