Exhibit 21.1

List of subsidiaries

Name of subsidiary		Background			Effective ownership
TAG International Limited (“TIL”)		●	British Virgin Islands company		100% owned by AGBA
		●	Investment holding
TAG Asset Partners Limited (“TAP”)		●	British Virgin Islands company		100% owned by TIL
		●	Investment holding
OnePlatform International Limited (“OIL”)		●	HongKong company		100% owned by TAP
		●	Investment holding
TAG Asia Capital Holdings Limited (“TAC”)		●	British Virgin Islands company		100% owned by AGBA
		●	Investment holding
OnePlatform Wealth Management Limited (“OWM”)		●	HongKong company		99.89% owned by OIL
		●	Provision of insurance and mandatory provident fund schemes brokerage services
OnePlatform International Property Limited (“OIP”)		●	HongKong company		100% owned by OIL
		●	Provision of overseas real estate brokerage services
OnePlatform Asset Management Limited (“OAM”)		●	HongKong company		100% owned by OIL
		●	Licensed by the Securities and Futures Commission of Hong Kong
		●	Provision of investment advisory, funds dealing, introducing broker, and asset management services
Kerberos (Nominee) Limited (“KNL”)		●	HongKong company		100% owned by OAM
		●	Provision of escrow services

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Maxthree Limited (“Maxthree”)		●	British Virgin Islands company		100% owned by OIL
		●	Investment holding
OnePlatform Credit Limited (“OCL”)		●	HongKong company		100% owned by Maxthree
		●	Registered under the Hong Kong Money Lenders Ordinance
		●	Provision of money lending services
Hong Kong Credit Corporation Limited (“HKCC”)		●	HongKong company		100% owned by OCL
		●	Registered under the Hong Kong Money Lenders Ordinance
		●	Provision of money lending services
Trendy Reach Holdings Limited (“TRHL”)		●	British Virgin Islands company		100% owned by Maxthree
		●	Investment holding
Profit Vision Limited (“PVL”)		●	Hong Kong company		100% owned by TRHL
		●	Property investment holding
TAG Technologies Limited (“TAGTL”)		●	British Virgin Islands company		100% owned by TAC
		●	Investment in financial technology business
AGBA Group Limited (“AGL”)		●	HongKong company		100% owned by TAGTL
		●	Operating as cost center for the Company
Tandem Fintech Limited (“TFL”)		●	HongKong company		100% owned by TAC
		●	Operating an online insurance comparison platform
AGBA Innovation Limited (“AGBA Innovation”)		●	HongKong company		100% owned by OIL
		●	No operations since inception
FinLiving Limited (“FLL”)		●	HongKong company		100% owned by AGBA Innovation
		●	No operations since inception