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Home News PR Newswire

It’s official — Moomoo Singapore has crossed 1.5 million users

PR Newswire by PR Newswire
16 July 2025
in PR Newswire
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It’s official — Moomoo Singapore has crossed 1.5 million users
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  • MooFest 2025 Draws Record-Breaking Crowd of nearly 4,000
  • Unveils Moo AI-Powered Investing & Crypto Expansion

SINGAPORE, July 16, 2025 /PRNewswire/ — Moomoo Singapore concluded its third and largest edition of MooFest on 12 July 2025 at Suntec Convention Centre, welcoming over 4,000 attendees — including investors, partners, and community members for a full day of education, engagement and empowerment. This year’s event, themed ‘The Future of Wealth, Reimagined,’ spotlighted how innovation, accessibility and community are reshaping the investing landscape for everyday Singaporeans.

Gavin Chia, CEO at Moomoo Singapore, announced at MooFest that the moomoo app has surpassed 1.5 million users, which represents 1 in 2 Singapore residents aged 20 to 70[1]. This milestone marks a 50% increase in user growth within just 15 months, following the 1 million user milestone in April 2024. The surge in users underscores Moomoo’s rising influence in shaping Singapore’s retail investing landscape, driven by a blend of intuitive technology, accessible financial education and a thriving in-app community.

Moomoo Singapore has now crossed the 1.5 million user mark - just 15 months after it hit the 1 million user milestone.
Moomoo Singapore has now crossed the 1.5 million user mark – just 15 months after it hit the 1 million user milestone.

“Reaching 1.5 million users is more than just a milestone — it’s a reflection of how deeply moomoo Singapore is woven into the fabric of our nation’s financial and social ecosystem. We’re proud to serve not just as a digital investment platform, but as a partner in the financial journeys of everyday Singaporeans. As the country celebrates SG60 this year, we remain committed to building a future where investing is more inclusive, intelligent, and accessible to all,” said Chia.

7 in 10 Moomoo Singapore’s Clients were Profitable in 1H2025

In his keynote address, Chia shared that nearly 7 in 10 Moomoo Singapore’s clients were profitable over the past 12 months —  notwithstanding the market volatility in the first half of 2025. On a whole-of-portfolio basis, equities remain the most popular instrument for investors, forming nearly 60% of a typical winning portfolio. Wealth management products also saw significant allocation at 26%.

“The secret to their success was simple — staying invested amid volatility, not sitting on the sidelines. When sentiment around the US market shifted, many investors took a proactive approach: trimming US allocations from 75% to 67%, increasing their exposure to Hong Kong from 9% to 12%, and maintaining a stable position of around 20% in Singapore,” Chia said.

“Rather than exiting the market, they took full advantage of it. The data is clear: informed, agile investors who stay the course — while adapting as conditions evolve — continue to find opportunities, even in challenging environments,” he added.

The launch of Moomoo AI at MooFest was a testament to this vision. Moomoo AI is an advanced investment assistant powered by cutting-edge LLM technology that helps users analyse stocks, track market trends, and make informed decisions through a simple, conversational interface. It delivers real-time, holistic insights by combining financial data, technical indicators, and the latest news, all tailored to each query.

Beyond AI, Moomoo Singapore is doubling down on digital assets to build on the successful rollout of crypto trading in 2024. As of 15 July 2025, Moomoo Singapore is still the first and only online broker licensed to offer crypto trading services in Singapore. Its 2H 2025 Retail Investor Sentiment Survey found that almost 8% of all investors intend to increase their cryptocurrency exposure in the second half of the year, signalling growing demand for portfolio diversification. The figure rises to almost 30% among high-risk investors. In response, Moomoo will soon roll out new crypto products, enhanced analytics, and upgraded infrastructure to meet growing demand and help users diversify their portfolios with confidence.

MooFest is Moomoo Singapore's largest community event of the year. Now in its third year, MooFest 2025 saw a record turnout of more than 4,000 attendees.
MooFest is Moomoo Singapore’s largest community event of the year. Now in its third year, MooFest 2025 saw a record turnout of more than 4,000 attendees.

Powerhouse Speakers, Insightful Delivery

This year, MooFest welcomed more than 50 speakers from across 30 financial institutions, as well as key financial influencers.

Moomoo Singapore, in collaboration with SGX and some of the industry’s most respected financial experts, hosted a series of high-impact panel discussions at MooFest 2025 — each designed to help investors make sense of today’s evolving market environment. From macroeconomic shifts and digital finance integration to the rise of AI-powered investing, the sessions translated Moomoo Singapore’s technological capabilities into actionable strategies for everyday investors. With a strong emphasis on practical education, the panels unpacked global trends, portfolio diversification tactics, and the implications of new tools like stablecoins and tokenisation.

The event closed on a high note with a forward-looking discussion on the convergence of traditional finance and digital assets — a topic that underscored Asia’s growing influence in global capital markets. It reflected Moomoo Singapore’s belief that meaningful investor education must evolve alongside the market itself, especially in an era where innovation is moving faster than ever.

Beyond the main stage, attendees participated in interactive learning sessions, live demos, lucky draws, and exclusive previews of upcoming features. These moments helped translate insight into engagement — making complex concepts more accessible and tangible.

At MooFest, Moomoo Singapore also unveiled several key initiatives aimed at deepening its local market presence and user engagement. These include:

  • CDP linkage, enabling seamless access to SGX-listed stocks through investors’ existing accounts
  • The upcoming launch of boutique physical stores, blending digital convenience with personalised support to serve as a hub for financial education and community engagement

Together, these initiatives reflect Moomoo Singapore’s commitment to delivering a holistic, connected, and future-ready investing experience — one that meets users wherever they are, both digitally and physically.

Looking ahead, Moomoo Singapore remains focused on pushing the boundaries of what’s possible in investing — through expanding AI-powered tools, enhancing product accessibility, and deepening its role in the digital asset ecosystem. Its mission remains clear: to empower retail investors with the knowledge, tools, and confidence to navigate the markets with clarity.

The success of MooFest 2025 affirms Moomoo Singapore’s rising influence in shaping a smarter, more confident retail investing culture — not just in Singapore, but across the region.

“What we’re building at Moomoo goes far beyond a trading platform. We’re shaping the future of retail investing — one that’s smarter, more inclusive, and deeply connected to the needs of the next generation. MooFest 2025 was a powerful showcase of how far we’ve come, but more importantly, a glimpse into what’s next. With 1.5 million users and counting, we remain committed to unlocking new possibilities through technology, education, and a community that grows stronger with every market cycle,” Chia said.

About Moomoo Singapore

Moomoo Financial Singapore Pte. Ltd. (Moomoo Singapore) is an award-winning advanced financial technology company transforming the investing experience through our digitalised brokerage and wealth management platform – moomoo. Moomoo enhances the user experience with market data, news, and powerful analytical tools. Moomoo also embeds a unique digitalised investment community to connect all users, investors, companies, analysts, media and key opinion leaders.

Moomoo Singapore offers investment products for trading via the moomoo platform, and it is a capital markets services license holder regulated by the Monetary Authority of Singapore (Licence No. CMS101000), Major Payment Institution (Licence No. PS20200617) holder with the Exempt Financial Adviser Status. In July 2025, Moomoo Singapore reached the 1.5 million users milestone in Singapore.

Moomoo Private Wealth offers bespoke investment strategies for HNW and institutional clients. Backed by its cutting-edge technology platform, Moomoo Private Wealth offers a portfolio of innovative investment products and has been recognised by Asia Banking and Finance for its product excellence.

Our achievements include the Investment Tech of the Year award at the 2024 Asia Fintech Awards and the SIAS Best Retail Broker 2024.

1] The ‘1 in 2 local residents’ figure for Singapore is based on moomoo user data in Singapore as of 30 June 2025. The statistic is derived from Singapore Department of Statistics, as of 24 September 2024, local residents aged between 20-70 accumulated to 2.952 million.

 

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