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Stockbit joins PASLA as new member


31 January 2025 Indonesia
Reporter: Daniel Tison

Generic business image for news article
Image: HaniSantosa/stock.adobe.com
The Pan Asia Securities Lending Association (PASLA) has welcomed Stockbit as a Prime Lite member.

Stockbit began in 2013 as a platform designed by traders for traders to share stock-investing ideas and insights in real time, with a vision to simplify stock investing for individuals.

In 2019, the Stockbit group launched Bibit, Indonesia's mutual fund robo-advisory app, enabling users to invest in diversified asset classes like mutual funds, government bonds, and stocks.

By 2021, the platform expanded into stock brokerage through Stockbit Sekuritas Digital.

By 2023, Stockbit entered investment management in partnership with Singapore’s Fullerton Fund Management.

PASLA Prime Lite membership is specifically aimed at securities houses, participating dealers, and prime brokers that operate in a single market within Asia Pacific.
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