Longbridge Group Secures $100M for Global Expansion

Longbridge Group Singapore has recently announced a significant milestone in its journey towards global expansion. The company has successfully secured over USD $100 million in additional funding from various investment institutions, including Singaporean consortia, following its Pre-A round. This latest funding round brings Longbridge Group's total financing to over USD $150 million, highlighting the confidence investors have in the company's innovative approach to combining finance and internet technology.

Longbridge Group, a leading financial services provider based in Singapore, has experienced rapid growth in the Hong Kong and Singapore markets, leading to overall profitability. With the new funding in place, the company is now poised to expand its operations globally, with a strategic focus on strengthening its presence in Singapore and Hong Kong while extending its reach to key markets in Asia-Pacific, Europe, the Americas, and the Middle East.

Driving Innovation in Finance and Technology

Established and headquartered in Singapore, Longbridge Group holds over 21 financial compliance licenses and qualifications across multiple jurisdictions, including Singapore, Hong Kong, the United States, and New Zealand. The company's innovative approach to technology solutions for brokers in the Hong Kong market has been a key driver of its success. By creating a dual business model centered on securities and technology, Longbridge Group has achieved significant milestones, including overall profitability and notable market share growth in Hong Kong.

Expanding Global Reach and Enhancing Trading Infrastructure

The additional investment secured by Longbridge Group will be instrumental in enhancing its global trading infrastructure and networks, improving the securities trading experience for investors, and accelerating its market expansion efforts. The company's securities business, known as 'Longbridge,' has gained recognition for offering high-quality products at competitive prices, attracting a global investor base and achieving remarkable milestones such as entering the Top 100 in trading volume on the Hong Kong Stock Exchange.

Longbridge Group's technology business, 'Longbridge Whale,' has also made significant strides in the industry with its innovative 'Securities as a Service' concept. By providing cutting-edge trading systems to broker clients across various regions, Longbridge Whale has earned a 16% market share in Hong Kong and garnered accolades for its digital innovation and wealth management technology practices.

Driving Digital Transformation in the Financial Sector

Founded in March 2019 by a team of financial and technology experts from the U.S., Singapore, and Hong Kong, Longbridge Group is on a mission to revolutionize the securities industry through global trading infrastructure and networks. With a global presence spanning nine locations and a dedicated team of nearly 400 employees, Longbridge Group is committed to driving digital transformation in the financial sector and providing top-notch fintech capabilities to investors and institutions worldwide.

Conclusion

Longbridge Group's latest funding milestone marks a significant step towards its goal of global expansion and innovation in the financial services industry. With a strong foundation in finance and technology, the company is well-positioned to drive digital transformation and deliver cutting-edge solutions to investors and institutions worldwide. As Longbridge Group continues to grow and evolve, its commitment to excellence and innovation remains unwavering, setting the stage for a dynamic future in the global securities market.