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iFAST stock price jumps 4% as ShopeePay Money+ launch puts SGX:AIY back in focus
27 January 2026
1 min read

iFAST stock price jumps 4% as ShopeePay Money+ launch puts SGX:AIY back in focus

Singapore, Jan 27, 2026, 15:33 (SGT) — Regular session

  • iFAST shares climbed 4.2% to S$10.87 in afternoon trading, with nearly 2 million shares changing hands
  • ShopeePay and iFAST Malaysia launched Money+, a micro-investing feature with a minimum investment of RM10
  • Investors are eyeing iFAST’s full-year results, set for release after the market closes on Feb. 12

Shares of iFAST Corporation Ltd rose 4.2% to S$10.87 Tuesday afternoon, touching a session peak of S$10.88. Trading volume reached around 2.0 million shares. iFast Corporation

The launch of Money+, a micro-investing tool from iFAST Malaysia in partnership with ShopeePay and Eastspring Investments, allows users to invest spare e-wallet funds starting at just RM10. Dennis Tan, iFAST Malaysia’s CEO, described it as a way to “turn idle e-wallet balances into professionally managed investment solutions.” BusinessToday

ShopeePay chief executive Alain Yee said the goal is “lowering barriers to investments” for users. Money+ is linked to Eastspring’s Islamic E‑Duit Fund, a Shariah-compliant money market fund — a cash-like product investing in short-dated instruments — while keeping balances accessible for spending or withdrawals. Fintech News Malaysia

iFAST, based in Singapore, operates a digital banking and wealth management platform, managing roughly S$30.62 billion in assets under administration as of Sept. 30, 2025. iFast Corporation

The stock climbed as local shares held steady, with the Straits Times Index crossing the 4,900 level earlier Tuesday. The Business Times

Risk appetite on the rise lifted Asian shares, which followed Wall Street higher as investors braced for major U.S. tech earnings and the Federal Reserve’s upcoming policy announcement. All this came amid new U.S. tariff threats targeting South Korea, Reuters reported. Reuters

Traders have marked Feb. 12 on their calendars for iFAST’s full-year 2025 results, set to drop after the market closes. iFast Corporation

The stock has been climbing, rising roughly 14% this month alone and up close to 48% over the last year, according to MarketScreener data. MarketScreener

Money+ is a fresh offering, and its adoption remains uncertain, particularly after the initial launch perks expire. ShopeePay’s product disclosures warn that returns can fluctuate and aren’t guaranteed. They also note that Money+ balances count as investments, not deposits, and thus lack PIDM protection. Shopee Help Center

A sharper market pullback would put the story to the test. iFAST’s fee income depends on assets and trading activity, so earnings take a hit when markets slow down and clients trade less.

Stock Market Today

  • ServiceNow Stock Dips 3.06%, Lags Market Despite Strong Earnings Outlook
    April 9, 2026, 10:42 AM EDT. ServiceNow (NOW) shares fell 3.06% to $97.47, underperforming the broader market as the S&P 500 rose 2.51%. Over the past month, NOW lost 13.77%, trailing the Computer and Technology sector's 0.84% drop. Investors await its April 22, 2026 earnings report, with expected EPS of $0.95, up 17.28%, and revenue projected at $3.75 billion, a 21.39% increase. Full-year forecasts indicate 17.95% earnings growth to $4.14 per share and 20.32% revenue growth to $15.98 billion. NOW holds a Zacks Rank of #4 (Sell), unchanged for a month, and trades at a premium Forward P/E of 24.27 versus its industry average of 12.98. Its PEG ratio stands at 1.01, near the industry average of 1.12, reflecting investor caution amid recent stock weakness despite positive earnings projections.

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