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UP Fintech reports revenues of US$60.2 million for Q2,2021

Tiger Newspress2021-09-10

UP Fintech reported revenues of US$60.2 million for the second quarter endedJune 30, 2021 compared to revenue of US$30.3 million in the second quarter of 2020.

During the second quarter, the total number of funded accounts increased to529,100. The Company added more funded accounts in the first six months of 2021 than it did in its entire cumulative operating history.The total account balance increased 188.9% year-over-year to US$23.9 billion as the Company continued to attract new clients from multiple international markets. In Singapore, UP Fintech’s local subsidiary,Tiger Brokers (Singapore) Pte. Ltd.,launched new products and in-APP functions such as an industry heatmap,Mini USD/CNH futures, and OSE futures, supplementing the wide range of analytical tools and securities trading functions available on the Company’s platform.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment40

  • CHOOTC
    ·2021-10-16
    Continue to drop!!!?
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  • Edmund9491
    ·2021-10-13
    Personally like their IPO subscription sercive getting stronger (more income) because commission trading income will be getting lower due to competition. Will continue to lock into my stock position. 
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    • CHOOTC
      like
      2021-10-16
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  • MO75
    ·2021-09-29
    No hope 
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  • Ken3888
    ·2021-09-28
    Keep dropping like no tomorrow 
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  • KirillR
    ·2021-09-26
    Waiting for start. Come on!
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  • Lawrence77
    ·2021-09-25
    Very good stock! Recommended?
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  • Whateverqw
    ·2021-09-25
    What’s going on now?
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  • Abbas99m
    ·2021-09-22
    Great ? 
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  • darrius
    ·2021-09-21
    TIGER TO THE MOON
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  • RiciaYang
    ·2021-09-21
    TIGER TO THE MOON
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  • HzxS
    ·2021-09-14
    Impressive report to bring to $18. ???
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  • T20210730048
    ·2021-09-13
    Increased in revenue but overall post loss for the quarter mainly due to marketing. Futu on the other hand posts a net profit. Looks like tiger lost this quarter. Marketing effort seems to have tapered down this quarter. Hopefully we see a reverse 3 months later
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  • Vieeechan
    ·2021-09-13
    Up up up!
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  • Nai
    ·2021-09-11
    Great 
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  • InfiniteChaos
    ·2021-09-11
    I want to see $30 soon 
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  • Tansooeng
    ·2021-09-11
    Well done 
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  • WTC820630
    ·2021-09-11
    Nice
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  • Danke
    ·2021-09-11
    It would be helpful if tiger can implement more tools to help technical traders/investors, like algorithm to identify trends etc. With more helpful tools and features, more people will join the platform.
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  • Go4good
    ·2021-09-10
    Keep it up, when can go to US25?
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  • Yee031
    ·2021-09-10
    Great
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