Singapore, 15 November 2016 – Financial technology group ayondo has acquired the TradeHero brand, a Singapore investor education app that has been ranked the number one finance app in the Apple iOS app in over 90 countries.
Singapore, 13 April 2016 – Financial technology group ayondo is engaged in advanced negotiations with a SGX-listed company on a Reverse Takeover (RTO) transaction. This could result in ayondo being the first FinTech company to be listed on the Singapore Exchange (SGX). Following the completion of the proposed RTO, the consolidated group will have a market capitalisation of S$210 million (approximately SFr 150 million) with ayondo shareholders owning 75% of the new consolidated group. The proposed transactions will include the injection of substantial fresh capital. The resulting listed entity will trade under ayondo’s name, and will be fully controlled and managed by ayondo.
June 21, 2016: Starland Holdings, a listed corporation on SGX Catalist, the secondary board of the Singapore bourse, will acquire financial technology (fintech) firm Ayondo Holding AG for S$157.5 million ($117.4 million).
