Not much of updates from Smartly lately, and I know many people are still patiently waiting. Myself included.

The good news for us consumers is that it now has a really strong contender in the form of StashAway. I’ve been monitoring it for a while, and looks like it has received in-principle approval for its Capital Market Services License. While another wait begins for StashAway, at the very least it is a step in the right direction for SG.

Like Smartly, StashAway will be aiming to be the first to offer similar robo-advisor investment services to everyone regardless of net worth. That’s right, no minimum balance.

Go sign up for their waiting list if you’re interested! ?