
UP Fintech: Q2 Revenue Hits Record High, Up 31.4% YoY; Global Client Assets Reach US$60.7 Billion
PRNewsWire
Published: Aug 26, 2026, 08:05 AM
Sentiment Analysis
UP Fintech Holding Limited (Nasdaq: TIGR ) ("UP Fintech " or the "Company"), announced its unaudited financial results for the second quarter ended June 30, 2026. In the second quarter, the Company's revenue reached an all-time high of US$182.3 million, representing an increase of 31.4% year-over-year (YoY) and 17.7% quarter-over-quarter (QoQ). Non-GAAP net income attributable to UP Fintech shareholders was US$42.8 million, up 20% QoQ*. During the quarter, the Company added 32,600 funded clients, bringing its total funded accounts to 1.3 million, up 10.3% YoY. Net asset inflows from global retail clients remained solid at over US$1.5 billion, helping drive total client assets by 16.7% YoY to US$60.7 billion.
Mr. Wu Tianhua, Founder and CEO of UP Fintech , said : "Our globally focused growth strategy continued to gain momentum in Q2, with client assets increasing sequentially across all global markets. Client assets in Hong Kong rose nearly 30% QoQ, while Australia and New Zealand grew by more than 30% and the US by nearly 50%, reflecting the continued trust global clients place in our products and services."
"To meet users' diverse global investment needs, we further expanded our product coverage and enhanced the trading experience. During the quarter, our global ETF coverage expanded to Singapore, Australia and New Zealand. In Singapore, we introduced one-click linking for CDP, SRS and CPF accounts, as well as fractional trading for Singapore-listed securities. We also strengthened our derivatives offering by launching US index options in Hong Kong and rolling out a new futures channel across all licensed markets. TigerAI's analytical capabilities were expanded to cover commodity, equity index and FX futures, helping investors access market insights and identify opportunities more efficiently. Looking ahead, we will continue strengthening our service capabilities and competitiveness across regional markets, making it easier and more efficient for users to invest across a diversified range of global assets."
In Singapore, the Company delivered another strong quarter, with total trading volume and orders reaching record highs, up 92% and 46% YoY, respectively. Active trading accounts grew for the tenth consecutive quarter. By asset class, US stock trading volume rose 114% QoQ, while US options trading accounts increased 69% YoY, both reaching record highs. On the local product front, the Tiger BOSS Debit Card—Singapore's first debit card to reward spending with fractional shares, launched with a locally licensed institution—continued to gain traction. Q2 card spending increased 37% YoY, while total cardholders grew 22%.
The Company's Hong Kong business accelerated in Q2, supported by strong growth across multiple asset classes. Total active trading accounts increased 132% YoY, while total orders rose 70.9%, reflecting continued expansion in both trading activity and the user base. In Q2, the Company further expanded its options offering with the launch of US index options trading and partnered with the Chicago Board Options Exchange (Cboe) to host an offline launch event, attracting approximately 200 professional investors and active options traders. During the quarter, US options trading volume increased 231% YoY, while US and Hong Kong cash equity trading volumes rose 192% and 197% YoY, respectively, highlighting growing investor demand for cross-market diversification. Digital assets also gained traction, with cryptocurrency assets under custody and trading volume increasing 84.8% and 154.8% YoY, respectively.
Source: PRNewsWire
This content is not intended as investment advice or a recommendation. Any opinions expressed are solely the personal views of each article.