Chocolate Finance Names Shiv Sharma Business Chief, AUM Nears S$1.5 Billion

Assets Under Management

S$1.5 Billion

Total assets managed by Chocolate Finance, nearing S$1.5 billion.

Customer Growth

150,000

Approximate number of customers served by Chocolate Finance.

Returns Delivered

S$50 Million

Total returns delivered to customers since the company's launch.

§ 01 Executive Snapshot

What: Chocolate Finance appoints Shiv Sharma as Chief Business Officer to drive growth.
Who: Shiv Sharma (new CBO), Walter de Oude (Founder and CEO).
Why it matters: This leadership change aims to capitalize on customer demand and expand the company's market presence as it approaches S$1.5 billion in AUM.

Shiv Sharma joined Chocolate Finance in June 2026 and will oversee growth and finance functions.
Assets under management (AUM) for Chocolate Finance are nearing S$1.5 billion, reflecting a 60% increase from the previous year.
The company has served approximately 150,000 customers and delivered over S$50 million in returns since its inception.

Chocolate Finance is transitioning from its launch phase to a focus on scaling operations, which is critical for sustaining long-term growth in the competitive fintech landscape.
The appointment of a seasoned executive like Shiv Sharma, who has a background in tech and finance, aligns with the company's strategy to enhance operational capabilities and market reach.

The immediate consequence of this appointment is the potential for accelerated growth through improved customer acquisition and strategic partnerships.
Long-term, this could lead to a broader product offering and enhanced returns for investors, positioning Chocolate Finance as a key player in the fintech sector.

Potential risks include market volatility and regulatory challenges that could impact growth and customer acquisition efforts.
Competition from other fintech firms could also pose a threat to Chocolate Finance's market expansion and customer retention strategies.

Key milestones to watch include the launch of new products and services as part of the company's growth strategy.
Monitoring AUM growth and customer feedback will be crucial indicators of the success of Sharma's leadership and the company's expansion efforts.

§ 07

Who has been appointed as the Chief Business Officer of Chocolate Finance?

Shiv Sharma has been appointed as the Chief Business Officer to drive growth.

What is the current assets under management (AUM) for Chocolate Finance?

Chocolate Finance's assets under management are nearing S$1.5 billion, reflecting a 60% increase from the previous year.

Why is Shiv Sharma's appointment significant for Chocolate Finance?

His appointment is significant as it aims to capitalize on customer demand and expand the company's market presence.

What are some potential risks Chocolate Finance faces in its growth strategy?

Potential risks include market volatility, regulatory challenges, and competition from other fintech firms.