March 14, 2025

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CNA Explains: What happens if a Singapore-licensed investment platform goes under?

  • March 14, 2025

Which companies are regulated? Most prominent investment platforms in Singapore are. This includes companies such as Endowus, StashAway and Chocolate Finance. A Financial Institutions Directory can be used to find out whether a company is regulated or licensed by MAS, though the need for a license depends on a firm’s business model. MAS also maintains

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Finance

Shorter wait time for Chocolate Finance cashouts following halt in instant withdrawals

  • March 12, 2025

SINGAPORE: Chocolate Finance customers looking to withdraw their funds face a shorter wait of three to six business days instead of the 10-day timeframe that was earlier announced, the company said on Tuesday evening (Mar 11). Concerns about the financial services platform emerged after it suspended instant fund withdrawals on Monday due to “high demand”, adding

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