The MAS-regulated platform cited a global wealth hub where an expected 1.6 million non-Singaporeans are expected to manage $4.8trn in assets by 2028.

The international launch comes after Arta’s debut in the US in October 2023, where it has since grown to manage hundreds of millions in assets for thousands of clients.

Arta’s wealth platform offers a curated deal flow that includes private investments from exclusive fund managers, intelligent public market strategies, and innovative structured products, without the sales pressure, opaque pricing and manual processes found in many other financial institutions. Arta’s designed-in-Singapore product has various unique features, including support for philanthropic giving in partnership with Co-Axis – a Temasek Trust initiative, a Founding Member community, and even a Singlish setting in its AI Copilot.

Arta also said it launched the “first-of-its-kind” AI Copilot, purpose-built for wealth management and finance. This patent-pending technology, rolling out progressively to members will empower them to make smarter investment decisions – ideate, analyse, and monitor their portfolios with the tools and insights that usually require large teams of relationship managers, private bankers, and investment analysts.

Unlike commonly available AI chatbots or apps, Arta’s AI systems are purpose-built for applications in wealth and finance and exploit the reasoning capabilities of the latest large language models. Arta’s AI stack employs several models that work in conjunction with each other – including commercially available closed source models, fine-tuned open source LLMs and several custom built AI/ML models created by Arta’s researchers.

These models have access to high-quality public and proprietary data including large financial and risk data sets for training and inference. This enables Arta to combine the fluency of LLMs with the time sensitivity, hard mathematical rigour and explainability necessary for investment and financial applications. Its AI stack, like the rest of Arta’s infrastructure, is highly privacy-preserving and uses encryption at rest and in transit for all user data.

Singapore minister of state for trade and industry and MAS board member, Alvin Tan was on hand to help launch Arta in the City State, alongside investors, fund managers, partners, and clients. The company has established key functions in Singapore including engineering, marketing, product, design and operations and a number of its global leads including its CEO are based in Singapore.

Arta CEO Caesar Sengupta said: “Arta is at the intersection of some powerful trends, including the personalisation and democratisation of wealth management, the huge growth and opportunity in private market investing, and the use of AI to create capabilities that have previously only been the preserve of the ultra-wealthy. We are now taking a major leap forward with our global launch and can’t wait to bring the Arta wealth platform and AI Copilot to the global community in the months and years ahead.”

Arta today also took a major step on its B2B journey with the announcement that Abu Dhabi’s Wio Invest would be the first of many financial institutions to integrate the Arta wealth-as-a-service platform into Wio’s industry leading digital investment platform, to create a new wealth management offering for its clients in the Middle East, pending regulatory approval.

The ‘wealth-as-a-service’ platform for banks is a new B2B offering by Arta. It was done with support from the venture building team of the Singapore Economic Development Board (EDB), which worked closely with Arta to incubate this offering during the early stages of the concept. This cloud-based platform empowers partner banks to serve their clients better and meet evolving demands with faster time-to-market for innovative wealth management products, services, and technology. Banks can choose from integrating Arta AI Copilot capabilities, to embedding Arta’s investment solutions into their platforms, to fully white-labelling the Arta platform — enhancing their digital capabilities and unlocking growth in new wealth segments.

To help integrate a cloud and AI native wealth platform into legacy systems at partner banks, Arta is also announcing partnerships with Google Cloud and global management and technology consultancy Capco to provide solutions for banks looking to adopt Arta’s technology.

Amanda Ong, Singapore Country Director and Head of International Expansion said: “Singapore is the natural home for Arta’s international business with its rising importance as Asia’s wealth hub. The launch of the B2B business is an extension of Arta’s mission, enabling us to partner with banks and financial institutions in a way that is wholly complementary to their current offering. We are proud to welcome Wio as our launch partner and look forward to growing together.”

Arta also today welcomed Ralph Hamers as an external senior advisor, providing strategic guidance as the company grows internationally. Ralph Hamers is an advisor to established and new players in the global financial sector. He developed a special knowledge in digitalisation of processes and client offerings. Hamers previously was CEO with UBS and ING.

Hamers said: “A central focus of my leadership has been to take legacy businesses and digitalise, integrating front-to-back technology to drive efficiencies and make the lives of clients and colleagues easier. This often needs major and multi-year transformations in well-established organisations. With Arta, I see the enormous opportunity of having incredibly smart people from the worlds of technology and finance coming together to build a platform that is more than ready to take its place amongst the world’s leading wealth managers.”

Hamers becomes part of a group of early investors in Arta, which includes more than 140 technology and finance leaders, such as ex-Google CEO Eric Schmidt and Mastercard CEO Michael Miebach.

The Arta wealth platform is now available globally to all accredited investors on desktop and mobile. Early members will have their first investment up to $100K, managed free for life by Arta (terms and conditions apply).

Founded by ex-Google executives and jointly headquartered in the US and Singapore, Arta Finance is a digital wealth platform that enables a much larger cohort of people to access the financial tools and products of the ultra-wealthy, to help address the growing wealth gap between the world’s wealthiest individuals (the 0.1%) and the rest of the population.

Arta Finance does this by providing greater access to ‘financial superpowers’ – investment opportunities and financial strategies typically only available to the ultra-wealthy via family offices and private banks – but with a more intuitive user experience and at an approachable cost. Arta creates a personalized investment strategy for each of its members, applying the latest in artificial intelligence, technology infrastructure, and customized support to help members build their financial futures.

EDBI, the strategic investment arm of the Singapore Economic Development Board (EDB) and a division under SG Growth Capital, has joined Arta Finance’s list of growing global investors, which includes Peak XV, Ribbit Capital, and Coatue. This investment not only supports Arta Finance in developing its innovative platform and scaling its growth but also helps catalyse a venture-building environment led by experienced founders, further strengthening the local innovation ecosystem.

Arta Finance is currently operating in the US and is preparing to expand internationally through Singapore later this year.

Singapore-based Caesar Sengupta, CEO of Arta Finance, said: “We are incredibly grateful for the support from EDB, who have been with us right from the start. Their guidance has been instrumental in helping us bring Arta’s offering to life.

“We are excited to welcome EDBI as an investor in Arta, further solidifying our vision to scale our platform globally. Together, we are committed to creating a wealth management platform that sets new standards in the industry.”

Paul Ng, CEO of EDBI said: “Arta’s decision to establish its global headquarters and develop an AI-enabled fintech platform in Singapore underscores the country’s robust innovation ecosystem and advanced digital infrastructure, making it a prime destination for global founders to scale their businesses. The company is a valuable addition to our ecosystem and is set to create exciting job opportunities..”

Over the past 18 months, Arta’s member base in the US has grown rapidly, from first-time investors to those with deep investing experience. Those wanting to register interest ahead of Arta’s Singapore launch can do so via: www.artafinance.com.sg.

Arta Finance is a digital wealth platform providing access to private market investments from fund managers, intelligent public market portfolios, and financial services such as tax and estate planning.

Headquartered in the US and Singapore, Arta serves its members directly as well as empowering financial institutions to expand wealth management to new clients. Arta is backed by Peak XV, Ribbit Capital, Coatue, and over 140 luminaries in tech and finance.