UP Fintech: Profit Surges Nearly 8x YoY, Client Assets Reach Record High of US$52.1 Billion
NEW YORK, Aug. 27, 2025 /PRNewswire/ -- UP Fintech Holding Limited (NASDAQ:TIGR) ("UP Fintech" or the "Company"), announced its unaudited financial results for the second quarter ended June 30, 2025. UP Fintech achieved a total revenue of US$138.7 million in the second quarter, up 58.7% increase year-over-year (YoY), marking a record high. Non-GAAP net income attributable to UP Fintech shareholders surged to US$44.5 million, up 23.5% quarter-over-quarter (QoQ) and nearly 8 times growth YoY, also reaching a record level. The Company added 52,700 new accounts during the quarter, bringing the total number of global accounts to 2.58 million. Funded accounts increased by 39,800, pushing total funded clients up 21.4% YoY to 1.19 million. Business activity remained strong, with Q2 trading volume soaring 168.3% YoY to US$284 billion. Net asset inflows were US$3 billion, propelling total client assets to a record US$52.1 billion, up 13.5% QoQ and 36.3% YoY.
UP Fintech's founder and CEO, Wu Tianhua, stated: "In Q2, we delivered strong growth in both revenue and profit. Non-GAAP net profit surged eightfold YoY, hitting a record high. Remarkably, in just the first half of 2025, our operating profit, net income, and non-GAAP net income have already surpassed full-year 2024 levels, underscoring our solid profitability and operating leverage. At the same time, Tiger continues to gain trust from quality clients—average net asset inflows from new clients in Q2 exceeded US$20,000, a record high. In Hong Kong and Singapore, the figure reached about US$30,000, driving client assets in the two markets up approximately 50% and 20% QoQ, respectively. This lays a solid foundation for sustainable growth throughout the year."
He added, "We continue to enhance Tiger Trade's all-in-one investment experience. In Q2, TigerAI introduced major upgrades including portfolio analysis, watchlist insights, and stock-specific assessments, as well as features like news tracing and preference memory for more efficient and reliable research support. We also launched new fundamental tools such as revenue & expenditure breakdown and valuation track, to help investors better interpret company financials and valuations. On the options front, we introduced HK equity options quote requests and conditional market orders for single-leg options, further improving the trading experience and making investing more seamless."
SG: Strengthening local leadership with enhanced product experience
HK: Maintaining high-growth momentum with Q2 trading up nearly 8x YoY
In Singapore, the Company continues to lead the local tech brokerage market, with core business metrics climbing steadily. In Q2, total trading volume rose 113% YoY and 80% QoQ. Trading orders and commissions both reached record highs, up 62.2% and 69.4% YoY, respectively. Trading activity remained robust, with US stock and IPO trading volume jumping 117.8% and 130.8% YoY. On the product side, the Tiger BOSS Debit Card - Singapore's first debit card that rewards everyday spending with fractional shares, continued to enhance user experience. The card now supports spending at over 50 dining, transport, and retail merchants. Its fractional share rewards portfolio has expanded to include the US "Magnificent Seven" and popular ETFs such as VOO and QQQ, while the annual transaction limit was raised to S$100,000. In April, Tiger Brokers Singapore also entered a strategic talent partnership with Singapore Exchange (SGX) to co-develop ...
