We have a Capital Market Services License (eCMSL/A0352/2018) for Fund Management under the Digital Investment Management framework. With it, we can advise and manage funds for both retail and sophisticated investors. We comply with the same capital, compliance, auditing, and reporting requirements with which most financial institutions in Malaysia also comply.
As of April 2021, we've raised $61.4 million USD to fund our operations. This money pays our salaries, rent, and bills.
The funds we use for our operations are in a completely separate bank account from your money.
Your money belongs to you, not us. In an unlikely bankruptcy event, any money held in a trust or custodian account can’t be touched.
Your deposits first go to a Citibank trust account.
Then, your purchased securities go to a custodian account through Saxo Capital Markets.
Your funds are held by HSBC Bank Malaysia Berhad.
StashAway Malaysia Sdn Bhd (201701046385) is licensed by the Securities Commission Malaysia (Licence eCMSL/A0352/2018).