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Added to YB: 2026-06-25

Pitch date: 2026-06-23

AIY.SI [neutral]

iFAST Corporation Ltd.

Author Info

No bio for this author

Company Info

iFAST Corporation Ltd. operates as a digital banking and wealth management platform in Singapore, Hong Kong, Malaysia, China, and the United Kingdom.

Market Cap

SGD 2.8B

Pitch Price

N/A

Price Target

N/A

Dividend

1.08%

EV/EBITDA

8.96

P/E

26.22

EV/Sales

3.25

Sector

Capital Markets

Category

N/A

Show full summary:
iFAST: Singapore’s homegrown fintech, penetrating Hong Kong and beyond

AIY.SI (pass): Singapore fintech compounder, 36% rev CAGR/131% EPS CAGR over 3yrs, 23x NTM P/E. Author passes: receivable days surged to 301 (from 91 in '16), likely HK eMPF project glitches; UK bank profits non-durable (yield-curve driven, PBT -31% YoY Q1'26); overvalued vs ALLFG 18x/FUTU 7x, consensus underestimates cyclicality.

Read full article (6 min)