Chocolate Finance UAE Launches Investment Accounts

Chocolate Finance has entered the UAE market, extending its investment services beyond Singapore and Hong Kong. UAE residents and international non-residents can open accounts and invest in UAE dirhams, US dollars, or both.

Customers can earn returns of 4.4 percent per annum on their first AED 100,000 or US$25,000, respectively, with returns of up to 4.4 percent on amounts exceeding those thresholds. Chocolate Finance’s top-up programme applies to investments within the stated thresholds, subject to its terms and conditions. The offering has no minimum investment requirements or lock-in periods.

The UAE business operates under a different investment structure from Chocolate Finance’s Singapore and Hong Kong businesses. It uses the company’s proprietary Chocolate Global Income Fund rather than investing through third-party funds. According to founder Walter de Oude, this structure lowers operating costs and allows the company to offer slightly higher returns to customers.

Chocolate Finance said both the company and its fund are licensed and regulated by the UAE’s Capital Market Authority. The company cautioned that invested capital is at risk and past performance does not indicate future returns.