GTN, Hugosaves

GTN powers Hugosave's new fractionalised investment portfolios, democratising global investing

07.08.2025 - 18:08:03

GTN Singapore

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About Hugosave

Launched in July 2021, Hugosave is Singapore's ?rst Wealthcare® app and all-in-one personal ?nance account, which aims to elevate lives by helping consumers to spend smarter, save more, and invest diligently, starting with gold. Today, about 70,000 customers in Singapore are using Hugosave to optimise their ?nances. Since its launch, the app has won multiple awards including Consumer Finance Product of the Year and Financial Inclusion Initiative of the Year 2023 for Singapore at the Retail Banking Awards 2023 by Asian Banking & Finance.

Hugosave is owned and operated by Atlas Consolidated Pte Ltd and is a certi?ed member of the Singapore FinTech Association. Atlas Consolidated holds a Visa Principal Member Issuing Licence and received licensing approval to operate as a Major Payment Institution [PS20200550] from the Monetary Authority of Singapore (MAS) in April 2022, and Regulated Precious Metals Dealers Certi?cation [PS20200001983] from the Ministry of Law, Singapore in August 2021. It also has a Financial Adviser's Licence [PS20200550] by MAS owned by Trustbox Pte Ltd, the company's fully owned subsidiary.

Atlas Consolidated leads the consortium behind HugoBank, one of the ?rst digital banks in Pakistan.

Contact:
Jorge Sánchez-Galiani
+44 (0) 20 4549 1757
j.galiani@gtngroup.com

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