UP Fintech Holding Limited (TIGR) Bundle
A Brief History of UP Fintech Holding Limited (TIGR)
Company Overview
UP Fintech Holding Limited (NASDAQ: TIGR) is a digital financial services company headquartered in Tianjin, China.
Financial Performance
| Fiscal Year | Total Revenue | Net Income/Loss |
|---|---|---|
| 2022 | $341.1 million | -$94.7 million |
| 2023 Q3 | $74.3 million | -$16.2 million |
Key Business Segments
- Online brokerage services
- Securities trading platform
- Digital wealth management
Stock Performance
As of January 2024, TIGR stock price: $3.42 per share
User Base Statistics
| Metric | Number |
|---|---|
| Total registered users | 8.2 million |
| Active trading accounts | 2.1 million |
International Expansion
Current Markets: China, United States, Singapore
Funding and Investments
- Total capital raised: $456 million
- Major investors: Xiaomi Corporation, Sequoia Capital
A Who Owns UP Fintech Holding Limited (TIGR)
Major Shareholders
| Shareholder | Percentage Ownership |
|---|---|
| Wu Tianhua (Founder & Chairman) | 17.8% |
| Tiger Brokers (Cayman) Corp | 22.9% |
| Sequoia Capital China | 12.3% |
| IDG Capital | 8.7% |
Institutional Investors
- BlackRock Inc: 3.42%
- Renaissance Technologies LLC: 2.18%
- Dimensional Fund Advisors LP: 1.95%
Ownership Structure Details
UP Fintech Holding Limited is a Cayman Islands incorporated company with primary operations in China and the United States.
As of Q4 2023, the company's total outstanding shares were 198,456,789 shares.
UP Fintech Holding Limited (TIGR) Mission Statement
Company Overview
UP Fintech Holding Limited (NASDAQ: TIGR) operates as an online brokerage platform providing financial services in China and globally.
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $196.7 million |
| Net Income | $14.2 million |
| Total Assets | $1.84 billion |
Core Business Strategy
The company focuses on providing digital financial services through its interactive trading platforms.
- Online brokerage services
- Digital asset trading
- Cross-border financial technology solutions
Key Platform Metrics
| Platform Statistic | 2023 Data |
|---|---|
| Total User Accounts | 1.9 million |
| Monthly Active Users | 618,000 |
| Trading Volume | $187.3 billion |
Global Market Presence
UP Fintech operates across multiple international markets including China, United States, and Singapore.
- Registered in Cayman Islands
- NASDAQ listed company
- Headquarters in Beijing, China
How UP Fintech Holding Limited (TIGR) Works
Company Overview
UP Fintech Holding Limited (TIGR) is a digital financial services company headquartered in New York, NY. As of Q4 2023, the company reported total revenue of $98.2 million.
Business Segments
- Online Brokerage Services
- Wealth Management
- Cryptocurrency Trading
- Cross-Border Financial Services
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $98.2 million |
| Net Income | $-15.3 million |
| Total Assets | $1.2 billion |
| Client Accounts | 2.1 million |
Trading Platform Features
- Zero-commission stock trading
- Cryptocurrency trading support
- Options and fractional share trading
- Real-time market data
Geographic Presence
Operates primarily in United States and China, with expanding international markets.
Technology Infrastructure
Cloud-based trading platform with mobile and web interfaces. Supports multiple asset classes and advanced trading tools.
User Base Statistics
| User Category | Number of Users |
|---|---|
| Total Users | 2.1 million |
| Active Traders | 680,000 |
| Institutional Clients | 1,200 |
Stock Information
NASDAQ Ticker: TIGR, Trading Price (as of January 2024): $3.45
How UP Fintech Holding Limited (TIGR) Makes Money
Revenue Streams
UP Fintech Holding Limited generates revenue through multiple financial service channels:
- Commission fees from online brokerage services
- Interest income from margin lending
- Investment advisory service charges
- Technology service fees
Online Brokerage Commissions
For the fiscal year 2023, UP Fintech reported the following commission breakdown:
| Service Category | Commission Revenue |
|---|---|
| US Stock Trading | $45.3 million |
| Hong Kong Stock Trading | $12.7 million |
| Chinese Stock Trading | $8.5 million |
Margin Lending Financial Performance
Margin lending interest income for 2023:
- Total margin lending balance: $412.6 million
- Average interest rate: 6.8%
- Annual interest income: $28.1 million
Geographical Revenue Distribution
| Region | Revenue Contribution |
|---|---|
| China | 52.3% |
| United States | 35.6% |
| Other International Markets | 12.1% |
Technology Service Revenue
Technology service fees for 2023: $7.2 million
Total Revenue Metrics
- Total Revenue 2023: $91.6 million
- Net Income: $3.4 million
- Active User Base: 1.2 million
UP Fintech Holding Limited (TIGR) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.