Today: 29 April 2026
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.

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.

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

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.

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

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

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.

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.

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