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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.

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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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  • Lilian Lim
    ·2021-09-10
    Well done, keep it and share price ? !!
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  • HotSun
    ·2021-09-10
    Wow, shooting up now……
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  • T20210730048
    ·2021-09-10
    Revenue up but overall net income still at a loss.  The report seems biased
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    • RichRabbit
      both futu tiger revenue is down comparing to first quarter。futu did profit as tiger didnt,but its ok tiger added 150k funded account,thats more important than profit
      2021-09-14
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    • T20210730048
      futu net income is a positive this quarter. did I miss something?
      2021-09-13
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    • RichRabbit
      down by 20 mil which is underdstandable considering futu is down by 50mil in revenue
      2021-09-11
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  • Barbarazhao
    ·2021-09-10
    Well done 
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  • Shlee
    ·2021-09-10
    Nice
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  • Shiyuntan
    ·2021-09-10
    Definitely growing very very well.... keep it up,  i am a satisfied user! 
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