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Tiger Brokers reported record revenue of US$101.1 million in the third quarter

New York, Nov.12, 2024 – $Tiger Brokers(TIGR)$ (“UP Fintech” or the “Company”), announced its unaudited financial results for the third quarter ended September 30, 2024. Tiger Brokers reported record revenue of US$101.1 million in the third quarter, representing a 15.6% increase quarter-over-quarter (QoQ) and a 44.1% increase year-over-year (YoY). Non-GAAP net income attributable to UP Fintech shareholders was US$20.1 million, up 286.5% QoQ and 25.6% YoY. The Company added 60,000 new accounts in Q3, bringing its total global account number to 2.37 million, a 10.2% YoY increase. New funded accounts increased by 50,500, driving total funded accounts to 1,032,800, a 19.3% YoY increase. Trading volume remained robust, with total trading volume increas
Tiger Brokers reported record revenue of US$101.1 million in the third quarter

Tiger Brokers has been ranked #1 in WealthTech on Fortune’s Fintech Innovators Asia 2024 list!

🎉 We’re excited to share that Tiger Brokers has been ranked #1 in WealthTech on Fortune’s Fintech Innovators Asia 2024 list! 👉 Tiger Brokers Named #1 in WealthTech on Fortune's Asia Fintech Innovators of 2024 ListThis recognition not only highlights our commitment to fintech innovation but also reflects the dedication of our entire team. Today, as we serve over 10 million users globally, we remain focused on advancing financial technology and making global investing simpler and more accessible. A heartfelt thank you to Fortune for this honor and to our clients and partners for their trust. Here’s to
Tiger Brokers has been ranked #1 in WealthTech on Fortune’s Fintech Innovators Asia 2024 list!

TigerBrokers Q2 revenue increased 32.4% to a new record high

$Tiger Brokers(TIGR)$ announced its unaudited financial results for the second quarter ended June 30, 2024. In the second quarter, the company achieved a total revenue of US$ 87.4 million, reflecting a quarter-over-quarter (QoQ) increase of 10.8% and a year-over-year (YoY) increase of 32.4%, hitting a new record high. Non-GAAP net income attributable to UP Fintech was US$5.2 million. In the second quarter of 2024, the Company added 60,600 new global account holders, a QoQ increase of 17%, bringing the total number of global accounts to 2.3 million. 48,900 new funded accounts were added, bringing the total number of funded accounts at the end of the second quarter to 982,300, a YoY increase of 17%. Additionally, market trading activity continued to
TigerBrokers Q2 revenue increased 32.4% to a new record high

A Decade of Excellence, Share Congratulations from Tiger's Esteemed Partners!

Hello Tigers,As we gather to celebrate a decade of excellence and innovation, it is with great pleasure that we reflect on the milestones achieved and the partnerships forged that have contributed to the success of $Tiger Brokers(TIGR)$ .Today, we are honored to have with us 6 esteemed representatives from 5 of our key collaborative institutions who shared their words of congratulations and goodwill to $Tiger Brokers(TIGR)$ .Speaker 1Anny Liu, Managing Director China & Singapore NASDAQ $Nasdaq(NDAQ)$It is a great honor that NASDAQ and Tiger Brokers have been working closely together for 8 years in market data, investor education, brand promotion and other asp
A Decade of Excellence, Share Congratulations from Tiger's Esteemed Partners!
As we commemorate a decade of Tiger International's journey, it's a privilege to kick off this celebration with heartfelt congratulations from our esteemed partners. Let's extend a warm welcome to our distinguished speakers who will grace us with their words.
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@Tiger_SG:Hello Tigers,As we gather to celebrate a decade of excellence and innovation, it is with great pleasure that we reflect on the milestones achieved and the partnerships forged that have contributed to the success of $Tiger Brokers(TIGR)$ .Today, we are honored to have with us 6 esteemed representatives from 5 of our key collaborative institutions who shared their words of congratulations and goodwill to $Tiger Brokers(TIGR)$ .Speaker 1Anny Liu, Managing Director China & Singapore NASDAQ $Nasdaq(NDAQ)$It is a great honor that NASDAQ and Tiger International have been working closely together for 8 years in market data, investor education, brand promotion and oth

Tiger Brokers Marks 10th Anniversary with Over 10M users globally

SINGAPORE, June 11, 2024 /PRNewswire/ -- In June, Tiger Brokers celebrates its 10th anniversary. The company launched its flagship trading platform, Tiger Trade, a decade ago, revolutionizing the brokerage industry with innovative technology. Tiger Brokers went public on Nasdaq in 2019 and expanded internationally, starting with Singapore in 2020. By Q1 2024, Tiger Brokers had over 10 million global users, 2.25 million account holders, and saw customer assets grow 104% year-on-year to an all-time high of US$32.9 billion. In 2023, client trading volume reached US$294.2 billion.Key MilestonesWu Tianhua, founder and CEO of Tiger Brokers, stated: "Over the past decade, Tiger has focused on three key areas.First, we expanded markets. Starting from Singapore, we have entered Hong Kong (SAR), the
Tiger Brokers Marks 10th Anniversary with Over 10M users globally

TigerBrokers Q1 Revenue Increase 19% YoY, Net Profit Up 42% YoY

$Tiger Brokers(TIGR)$ today announced its unaudited financial results for the first quarter ended March 31, 2024. In the first quarter, the company achieved a total revenue of US$78.9 million, marking a 19% year-over-year (YoY) increase and achieving a nearly three-year high. Non-GAAP net income attributable to UP Fintech was US$14.7 million, 12.9 times increase quarter-over-quarter (QoQ) and a YoY surge of 42.4%.In the first quarter of 2024, the Company added 51,700 new global account holders, an increase of 8.1% quarter-over-quarter, bringing the total number of global accounts to 2.25 million. 28,800 newly funded accounts were added, driving the total number of funded accounts to 933,400, a YoY increase of 15%. As of the end of May, the number
TigerBrokers Q1 Revenue Increase 19% YoY, Net Profit Up 42% YoY

Making Waves: Tiger Brokers Lights Up Nasdaq Tower in Times Square!

Guess what? We're back on the Nasdaq Tower in Times Square! As we celebrate our 5th year since IPO and 10th founding anniversary, seeing our name shining bright fills us with pride. Thank you for being part of our journey! With 2.2 million customer accounts and 904,600 funded accounts by 2023, we're growing globally while keeping our Singapore roots strong! $Tiger Brokers(TIGR)$
Making Waves: Tiger Brokers Lights Up Nasdaq Tower in Times Square!

Tiger's 5th IPO: Think Wealth, Reach Beyond

In 2024, as the Company celebrates its tenth anniversary and fifth year since going public, we reflect on the past five years of remarkable growth. Our global funded clients and assets have surged over tenfold, with revenue nearly quadrupling and net incomes compounding at a rate of 72%. Looking ahead, we are committed to furthering our globalization strategy, solidifying our market share in Singapore, Australia, New Zealand, and Hong Kong to emerge as a world-leading fintech brokerage. $Tiger Brokers(TIGR)$
Tiger's 5th IPO: Think Wealth, Reach Beyond

Tiger Brokers 2023 Q4 and Full Year Results

Tiger Brokers ("UP Fintech" or the "Company", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. In the fourth quarter, the Company achieved a revenue of US$70 million. For the year ended 2023, total revenues increased 20.9% year-over-year to US$272.5 million. Due to the depreciation of the US dollar in the fourth quarter, resulting in a foreign exchange loss of over US$7 million, the non-GAAP net income for the quarter amounted to US$1.1 million. For the entire year, the non-GAAP net income totaled US$42.7 million, which is 3.4 times that of 2022. During the fourth quarter, UP Fintech added 47,797 new global account holders, marking a 65.9% increase quarter-ov
Tiger Brokers 2023 Q4 and Full Year Results
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2023-11-27

TigerBrokers announces its Q3 revenue of US$70.1 million

Singapore and New York, Nov 27, 2023 — UP Fintech Holding Limited ("UP Fintech" or the "Company", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), today announced its unaudited financial results for the third quarter ended September 30, 2023. In the third quarter, the Company achieved a revenue of US$70.1 million, a QoQ increase of 6.2%, and a YoY increase of 26.6%. The non-GAAP net income for the quarter was $16 million, representing a QoQ growth of 4.3% and a YoY increase of 141.1%. The non-GAAP net income for the first three quarters of 2023 reached US$42 million, surpassing the sum of the company's non-GAAP net income for the past two years.In the third quarter, UP Fintech added 28,803 new global account holders, bringing the total to 2.15 million. Funded accounts inc
TigerBrokers announces its Q3 revenue of US$70.1 million
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2023-08-29

UP Fintech reports two-year high 2023 Q2 results

Revenue for the quarter reached US$66.1 million, marking a 23.5% year-over-year (YoY) increaseNon-GAAP profit soared to US$15.3 million, up 48.4% quarter-over-quarter (QoQ), achieving a two-year record high.The launch of TigerGPT, an AI-powered investment assistant, in Singapore, New Zealand, Australia, and Hong Kong SAR, highlights the Company's commitment to cutting-edge fintech innovation.Singapore and New York, Aug 29, 2023 — UP Fintech Holding Limited ("UP Fintech" or the "Company", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm committed to redefining global investing through next-generation technologies, today announced its unaudited financial results for the second quarter ended June 30, 2023. Driven by a strategic global expansio
UP Fintech reports two-year high 2023 Q2 results
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2023-05-16

Tiger Brokers to make app update adjustments in mainland China

Singapore, May 16, 2023 — Starting from May 18, 2023, Tiger Brokers will delist its trading platform 老虎国际 (Tiger Trade) from app stores in mainland China, in a move to adjust the app's update route and comply with the China Securities Regulatory Commission's rectification guidance on the company's cross-border operations in mainland China.For existing clients in mainland China, the latest adjustment does not affect their use of Tiger Trade, with the company already offering follow-up arrangements for downloading and updating the app. The company remains dedicated to offering high-quality services to existing clients in mainland China, and is in a continuous effort to guarantee their asset security. For new clients in mainland China, starting from December 31, 2022, the company had stopped
Tiger Brokers to make app update adjustments in mainland China
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2023-04-11

Tiger Brokers unveils TigerGPT, the industry's first AI investment assistant

TigerGPT is currently the industry's first AI investment assistant and part of Tiger Brokers' broad layout of internet servicesNow in user testing, TigerGPT aims to offer timely market and stock data, conduct investor education, and deliver deep analysis from various sources in seconds, empowering users to make efficient and informed investment decisionsTigerGPT is developed to be a text-generating AI chatbot on Tiger Brokers' flagship platform Tiger Trade, leveraging the company's vast financial content pool and OpenAI technologyTigerGPT, a text-generating AI chatbot developed among Tiger Brokers' vast internet services, is introduced as the first deployment of an AI investment assistant in the industry.The feature, now in user testing and soon to be rolled out on the flagship platform Ti
Tiger Brokers unveils TigerGPT, the industry's first AI investment assistant
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2023-03-29

TigerBrokers posts annual revenue of US$225.4 million in 2022

UP Fintech Holding Limited (Nasdaq: $TIGR),announced its unaudited financial results for the quarter and the year ended December 31, 2022.The company post annual revenue of US$225.4 million and non-GAAP net income attributable to UP Fintech of US$12.68 million — registering a profit for the third consecutive year.In the fourth quarter of 2022, UP Fintech's total revenue amounted to US$63.85 million, up 15.2% quarter-over-quarter (QoQ), and the non-GAAP net income was numbered at US$4.52 million.During Q4, the number of new customer accounts globally increased by 37,600, bringing the total account holders to over 2 million. The number of new funded accounts (new customers with deposits) rose by 27,300 to a total of 781,500 worldwide in Q4, bolstering the company's annual acquisition of 108,
TigerBrokers posts annual revenue of US$225.4 million in 2022
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2023-03-13
During the past few days, we have been asked repeatedly by our users and investors to clarify our involvement in the Silicon Valley Bank’s collapse.Tiger Brokers would like to take this chance and reiterate that the company has no account at the Silicon Valley Bank, nor has the company maintained any deposits at or had any exposure to the bank. Tiger Brokers and its business operations are not affected by the matter. Thanks!$Tiger Brokers(TIGR)$
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2022-12-30

UP Fintech's response to regulatory update in China

UP Fintech Holding Limited (hereafter “UP Fintech”, or the “company”) has noticed the announcement from the China Securities Regulatory Commission, requiring the company to stop accepting new investors from mainland China as new customers. UP Fintech has been strictly abiding by relevant laws and regulations in its daily operations, in an effort to maintain its high compliance standards in all the global markets where it operates. As of now, the company holds 63 financial licenses and qualifications worldwide in markets including Singapore, New Zealand, Hong Kong, Australia, and the US; with over 90% of the company’s new customers also from these locations. Moving forward, UP Fintech will continuously offer legitimate services to existing onshore customers in mainland China. While actively
UP Fintech's response to regulatory update in China
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2022-11-23

Tiger Brokers posts US$55.41 million for 2022 Q3 revenue

About one-fifth of new customers with deposits are from Australia and New Zealand, indicating growing local recognition Average net deposit of newly acquired clients surpasses US$11,000 in Singapore, a sign of deepening trust Singapore and New York, November 23, 2022 — UP Fintech Holding Limited ("UP Fintech" or the "Company", Nasdaq: $(TIGR)$, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the three months ended September 30, 2022. During the period, the company's revenue reached US$55.41 million, with the net income attributable to UP Fintech turning positive to US$3.34 million, and non-GA
Tiger Brokers posts US$55.41 million for 2022 Q3 revenue
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2022-09-07

UP Fintech posts revenue of US$53.5 million in 2022 Q2

UP Fintech Holding Limited ("UP Fintech" or the "Company", Nasdaq: $(TIGR)$, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the three months ended June 30, 2022. During the reporting period, UP Fintech registered revenue of US$53.5 million. Non-GAAP net income was US$3.5 million, compared to a non-GAAP net loss of US$4.4 million in the same quarter of last year.During the reporting period,the number of customer accounts increased by 38,800, totaling 1.9 million, and the number of customers with deposits increased to 731,400, up 38.2% from the same quarter last year.Over 70% of f
UP Fintech posts revenue of US$53.5 million in 2022 Q2
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2022-03-18
[Video] Tiger Brokers‘ Q4 &Full Year 2021 EarningsIn the fourth quarter, over 90% of new funded accounts came from international markets, with a large portion of the new funded accounts coming from Singapore. The fourth quarter was the third consecutive quarter of more than 100% year-over-year growth in funded accounts in Singapore. In the future, Tiger will continue to strictly abide by compliance and self-discipline, implement the concept of customer first, and provide efficient and high-quality global investment services for more investors and institutional customers around the world through continuous technological innovation.

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