We have a CMS license from Securities Commission Malaysia. That means we are regulated strictly as both a fund manager and a financial advisor.
...but you might still be wondering what this new fund manager is all about
We built the company with the foundation of making sure clients' money is always safe. The regulatory environment in Malaysia is incredibly diligent in protecting investors' interests. We report quarterly to the SC to demonstrate that we are always meeting the high capital requirements, and that we are managing funds and the company in our clients’ best interest.
Consider this:
We received our Capital Market Services License for Digital Investment Management by the Securities Commission Malaysia in October 2018.
We have an experienced team that knows how to build businesses efficiently, effectively, and honestly.
As of July 2019, we've raised $20.4 million USD in four funding rounds for our operations.
StashAway has raised $20.4 million USD to fund its operations
This money pays our:
- Rent
- Salaries
- Bills
Your money is held by our trustee (Pacific Trustees) and remains untouched and safe in
- A Citibank Trust Account for when we first receive your deposits
- A Custodian Account via Saxo Capital Markets for your securities
Even in a bankruptcy event, funds held in a trust or custodian account cannot be touched, as they belong to the customer – not to StashAway.
Investing comes with risk
There are risks inherent in the use of technology, such as cyber security and incident response risk, data management risk, IT resiliency and continuity risk, just to name a few. You can be rest assured that we are cognizant of such risks and have spared no expense in mitigating them. In fact, it is a requirement to have controls in place, as prescribed by Securities Commission Malaysia Guidelines on Management of Cyber Risk. With this, you can have a peace of mind knowing that your money with StashAway is secured with similar controls/standards as other financial institutions.