Digital wealth platform Arta Finance has partnered with Temasek-backed Co-Axis for philanthropy.
Arta Finance has partnered with Co-Axis, a Temasek Trust initiative, for philanthropic opportunities, according to a statement, with the aim of securing a target of $30 million for impact projects over two years. Arta's client base will have access to 100 impact projects that are all aligned with the UN Sustainable Development Goals from over 40 countries, including eight curated projects, involving debt and equity instruments.
The two will collaborate to conduct webinars and other engagement activities to build knowledge and capacity in philanthropy and impact by leveraging Co-Axis’ network of partners including other Temasek Trust ecosystem entities like the Center for Impact Investing and Practices and the Asia Center for Changemakers. Arta clients will also gain access to philanthropy advisory and management services through TT Foundation Advisors.
Recent Debut
The partnership follows closely behind the heels of Arta’s recent debut in Singapore as part of its global launch. The digital wealth platform also named ex-UBS CEO Ralph Hamers as an external senior advisor to provide strategic guidance.
«Asia’s unique demographic and economic dynamics present a particularly important opportunity for delivering impact at scale. The region is facing some of the world’s most significant environmental and social challenges, but it is also home to some of the most innovative solutions,» commented Amanda Ong, country director for Singapore, Arta Finance.
