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Digital investment platforms set to stay despite concerns

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Digital finance platforms like Chocolate Finance open up options to individuals who cannot access bank products because they do not meet certain net-worth requirements.

Digital finance platforms like Chocolate Finance open up options to individuals who cannot access bank products because they do not meet certain net worth requirements.

PHOTO: LIANHE ZAOBAO

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SINGAPORE – Faith in digital investment platforms took a knock in March when investors rushed to pull their cash out of Chocolate Finance, but these platforms are here to stay, although not all of them will prevail.

Their appeal is easy to see, as Professor Jan Ondrus from Essec Business School’s Asia-Pacific campus noted.

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