The move speaks to how impact investing remains an important channel for wealth managers to plug into.
Arta Finance,
an AI-driven wealth platform in the US that recently obtained a
licence in Singapore, is partnering with Co-Axis, a digital
impact marketplace.
Co-Axis connects about 100 impact projects from more than 40
countries with funders. Arta Finance and Co-Axis are targeting
$30 million of projects over two years, Arta said in a statement
yesterday.
The pact makes use of Arta’s client base to expand the reach of
Co-Axis projects, which fit with the UN Sustainable Development
Goals. Arta Finance’s clients, including high and ultra-high
net worth individuals and family offices, can gain access to all
impact opportunities on the Co-Axis platform and an additional
eight curated for the Arta Finance platform that align closely
with the interests of its clients.
The Arta Finance business has been expanding rapidly. In recent
news, the former chief executive of UBS and Dutch bank ING, Ralph
Hamers became an external advisor. Founded as a US registered
investment advisor in October last year, Arta Finance took its
international turn in September 2024 by obtaining regulatory
approval to start operations in Singapore.
The firm’s platform offers a curated deal flow that includes
private investments from fund managers, public market strategies,
and structured products. It provides this flow “without the sales
pressure, opaque pricing and manual processes found in many other
financial institutions,” as the firm has put it.
“The region is facing some of the world’s most significant
environmental and social challenges, but it is also home to some
of the most innovative solutions,” Amanda Ong, country director
for Singapore, Arta Finance, said.
