WeInvest, a Singapore-based WealthTech firm, has moved into North Asia with the appointment of Thomas Tse as Head of Sales.
Tse will lead WeInvest’s efforts to provide digital wealth solutions to financial institutions across Hong Kong, China, Taiwan, and South Korea. WeInvest’s products cater for the needs of both affluent/HNI wealth managers, and others targeting the mass market and emerging affluent.
Tse brings with him over 15 years of experience in financial technology including strategic consulting, digital wealth transformation, enterprise architecture and solution design. Before joining WeInvest, Thomas led Sales and Business Development for Greater China at Bloomberg and Finantix. He will be based in Hong Kong.
Bhaskar Prabhakara, CEO and Co-Founder of WeInvest, says: “With Thomas’s expertise across financial technology sales and wealth management solutions, we look forward to serving clients in North Asia,. We believe Thomas will work closely with financial institutions and bring the best of WeInvest’s digital wealth solutions to the market. We look forward to Thomas being a great addition to the senior leadership team, where he can power the growth of a key market and also bring regional flavours to the WeInvest product portfolio.
“The total assets in Hong Kong’s asset and wealth management industry reached HKD24.27 trillion at the end of 2017, up from HKD18.2 trillion as compared to the previous year. This pace of growth presents a huge opportunity to bring cutting edge digital wealth solutions to the market”.
Tse says: “Hong Kong and rest of North Asia have very similar considerations to make but there is definitely a growing demand for sophisticated digital wealth solutions. With the many new initiatives such as ‘Belt and Road’, ‘Greater Bay Initiatives’ and ‘Virtual Banking’, there will certainly be a change in the landscape of financial technology. I am excited to lead the team in North Asia where we foresee many opportunities and be part of the ecosystem as the industry evolves.”