Up Fintech Holding (TIGR) has released an update.
UP Fintech Holding Limited has reported a robust first quarter for 2024, with a significant 19.0% year-over-year revenue increase to $78.9 million and a 103.8% surge in total account balance to $32.9 billion. The company’s net income showed remarkable improvement, turning a prior quarter’s loss into a $12.3 million profit, and they also launched new localized products, including the first debit card in Singapore to reward spending with fractional shares. With 28,800 new funded accounts added, UP Fintech is on track to meet its ambitious target of 150,000 new funded accounts for the year.
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