• Arta clients can access ~100 impact projects from over 40 countries, including 8 curated impact projects, from Co-Axis on the Arta platform. 
• Co-Axis impact projects involving debt and equity instruments will be showcased on Arta, providing more funding and investment opportunities. 
• Arta and Co-Axis, a Temasek Trust initiative with the support of many leading industry partners, will harness their ecosystems’ networks, resources, and insights to strengthen the growth of the impact and philanthropic communities in Singapore and beyond. 

SINGAPORE, 24 October 2024 – Arta Finance (“Arta”), a digital wealth platform transforming the way people grow, protect, and enjoy their wealth, and Co-Axis, a digital impact marketplace connecting ~100 impact projects from over 40 countries with funders, have partnered to secure a target of US$30 million for impact projects over two years.

By leveraging Arta’s client base, the partnership will expand the reach of Co-Axis projects, all aligned with the UN Sustainable Development Goals, while accelerating both organisations’ efforts to redefine business success as one that gives back to stakeholders and communities. 

Unlocking New Investment and Funding Approaches for Global Impact Projects

Arta clients, including high- and ultra-high-net-worth individuals and family offices, will be able to access all impact opportunities on the Co-Axis platform and an additional eight curated for the Arta platform that align closely with the interests of its clients. Refer to the Annex for more details on their opportunities.

As Arta holds a Capital Markets Services license from the Monetary Authority of Singapore, its clients can access opportunities that involve not just charitable contributions but also debt and equity instruments, enabling a wider range of impact investment strategies and approaches. 

Leveraging Ecosystem Synergies for Impact 

Co-Axis will collaborate with Arta to conduct webinars and other engagement activities for the Arta community, aimed at building knowledge and capacity in philanthropy and impact by leveraging Co-Axis’ extensive network of partners. This network includes other Temasek Trust ecosystem entities such as the Centre for Impact Investing and Practices (“CIIP”) and the Asia Centre for Changemakers (“ACC”). Arta clients will also gain access to philanthropy advisory and management services through TT Foundation Advisors (“TTFA”). 

Arta will engage its global network to support impactful projects that reflect their values and aspirations. Through this partnership, Arta will strengthen Co-Axis’ platform capabilities by supporting its technology development.  

Ms Amanda Ong, Country Director for Singapore, Arta Finance, said, “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. As Co-Axis continues to expand, Arta’s private wealth platform will play a key role in amplifying its reach, ensuring that our members have the opportunity to be part of this growing ecosystem and contribute to a more sustainable and equitable future.”

“Co-Axis is delighted to partner with Arta Finance to connect the global impact ecosystem and scale the support for solutions addressing urgent social and environmental challenges. With impact measurement at the core of Co-Axis, Arta members will be empowered to make more informed and strategic funding decisions for the causes they care about. Together, we will harness our combined networks, expertise, and resources to unlock the catalytic funding needed to accelerate and scale promising impact projects for a more sustainable tomorrow,” said Ms Joycelyn Ong, Head, Co-Axis.

END

ANNEX

Impact Investment Opportunity Spotlight

1. Singapore-based Wateroam innovates water solutions to provide safe water to communities in need. The social enterprise powers individuals to lead a healthy life so that they can achieve their ambitions and fulfil their potential without the distractions of water-related ailments. Their flagship product, the ROAMfilter Plus, is a portable and lightweight water filtration solution for emergency response and remote deployment across the developing world.
2. Coral Vita creates high-tech coral farms that incorporate breakthrough methods to restore coral reefs. Based in Grand Bahama, their scientific team has partnered with leading marine institutes, utilising techniques to grow coral up to 50x faster while boosting their resiliency against the warming and acidifying oceans that threaten their survival. They then plant these corals back into degraded reefs, bringing them back to life. Coral Vita’s land-based farms can also scale to make a significant ecological difference, with a single farm able to grow millions of resilient corals for distribution around a region.

Media Contacts

About Arta Finance

Founded by ex-Google executives, Arta Finance is a digital wealth platform for the savvy that enables more people to access the financial advantages of the ultra-wealthy. The platform provides access to private market investments from elite fund managers, intelligent public market portfolios, and sophisticated financial services such as tax and estate planning. Headquartered in the US and Singapore, Arta serves its members directly as well as empowering financial institutions to expand wealth management to new clients. Arta is backed by Peak XV, Ribbit Capital, Coatue, and over 140 luminaries in tech and finance. Learn more at artafinance.com.

About Co-Axis

Co-Axis or “Collaborative Action to Xcelerate Impact and Sustainability”, is an online platform that aims to catalyse high-impact solutions at speed and at scale by unlocking blended finance across the capital spectrum and galvanising action in the global impact community. It spotlights curated impact solutions, including research, early-stage innovations, and new business models, and connects them with a diverse, vibrant community of solution providers, funders, and expert advisors. At Co-Axis, our commitment extends beyond enabling transactions. We empower the sharing of best practices and critical insights through networking forums, a knowledge hub, and training initiatives. On Co-Axis, global impact leaders come together to seed capital, spark ideas, and spur innovation for a better tomorrow. 

About Temasek Trust

Temasek Trust, established by Temasek Holdings, is a steward of philanthropic assets, advocate of sustainability and catalyst of positive impact. It provides governance and financial oversight of endowments for an ecosystem of entities with the shared purpose of building better for every generation by protecting the planet, uplifting communities, connecting people, and advancing capabilities. In forging new pathways for philanthropy and impact investing with like-minded partners, Temasek Trust aims to promote catalytic philanthropy as a force for good.