UP Fintech Reports Remarkable Profit Surge and Record Client Assets in Q2 2025

UP Fintech Breaks Records in Q2 2025

UP Fintech Holding Limited (NASDAQ: TIGR), a prominent player in the online brokerage market, recently announced its financial results for the second quarter of 2025, marking a significant achievement in its growth trajectory. The company's total revenue reached an impressive $138.7 million, reflecting a 58.7% increase year-over-year. This record high performance is highlighted by a staggering non-GAAP net income attributable to shareholders, which surged to $44.5 million, almost eight times the previous year’s results.

Expanding User Base

During this quarter, UP Fintech welcomed 52,700 new accounts, elevating its total to 2.58 million globally. The growth in funded accounts also followed suit, increasing by 39,800, indicating a 21.4% year-over-year rise to 1.19 million funded clients. Remarkably, the trading activity surged, with a 168.3% increase in trading volume year-over-year to $284 billion. Notably, net asset inflows were recorded at $3 billion, taking total client assets to a record $52.1 billion, a 13.5% rise quarter-over-quarter and a robust 36.3% year-over-year increase.

Comments from Leadership

Wu Tianhua, the founder and CEO of UP Fintech, commented on the company’s performance, stating, “In Q2, we delivered strong growth in both revenue and profit. Our non-GAAP net profit surged eightfold YoY, reaching record levels.” He emphasized that in the first half of 2025, their operational figures have already surpassed those of the entire year of 2024, underlying the company’s robust profitability.

Moreover, he indicated a notable increase in trust, as average net asset inflows from new clients exceeded $20,000, with Hong Kong and Singapore showing even higher averages of approximately $30,000.

Enhanced User Experience through Technology

To maintain its competitive edge, UP Fintech has augmented its investment platform, Tiger Trade, by introducing key features through TigerAI, a cutting-edge AI-powered research assistant. Major upgrades include enhanced portfolio analysis, stock assessments, and improved market news tracking. New fundamental tools such as revenue and expenditure breakdown features were also launched, helping investors interpret financial data more effectively.

In Singapore, the company reported a staggering 113% increase in total trading volume year-over-year, with 80% growth quarter-over-quarter. The Tiger BOSS Debit Card debuted as Singapore's first debit card rewarding spending with fractional shares, now supporting transactions at more than 50 retailers. These innovations and partnerships further strengthen UP Fintech's position within the local tech brokerage sector.

Market Presence in Various Regions

In Hong Kong, trading momentum remained robust, with trading volume soaring nearly 8x year-over-year and 122% increase quarter-over-quarter. Tiger Brokers continued to expand user engagement with offline events aimed at improving financial literacy among investors.

The US market showed promising signs of growth as well, with TradeUP noting a 33.2% increase in average client assets quarter-over-quarter, particularly highlighting derivatives trading with a 163.4% rise in options trading. Australia and New Zealand also demonstrated strong account openings and asset growth, attributed to increased interest in US securities.

Further Developments and Future Goals

Moving forward, UP Fintech is poised for continued expansion through its innovative models and customer-centric approach. The company’s investment banking and ESOP services witnessed substantial growth, with significant participation in high-stakes IPOs, solidifying UP Fintech's strategic position in the market.

In summary, UP Fintech's second quarter demonstrated robust financial health, marked by record profits and growing client confidence, setting a promising stage for the future in the competitive landscape of financial technology.