Singapore’s Syfe raises $80M Series C for regional expansion

0
7K

Singapore digital investment platform Syfe has announced the successful close of its Series C funding round of $80 million.

The firm said in a statement on Thursday that this includes a new all equity C2 of $53 million at a significantly increased valuation and adds to the C1 raise of $27 million in August 2024, underscoring its strong business performance and growing investor confidence in its mission to redefine wealth management across Asia-Pacific.

This latest round brings Syfe’s total funding to date to $132 million and follows the recent strategic acquisition of Selfwealth, one of Australia’s most established and trusted online investment platforms.

With this acquisition, Syfe has significantly increased its presence and user base in Australia.

The Series C was led by two UK family offices, and supported by returning investors Unbound and Valar, signaling global confidence in Syfe’s business model and the long-term growth potential of the Asia-Pacific wealth management sector.

Syfe highlighted that at a time when capital is highly selective – the first quarter of 2025 marked the region’s lowest funding quarter since 2014 – such international investment is a strong endorsement of the region’s emerging mass affluent segment and the opportunity to deliver differentiated, tech-driven wealth solutions.

“This fund raise comes at an exciting time as we grow our presence across the region and expand our offerings,

“In our markets of Singapore, Hong Kong and Australia, nearly half of all adults are in the ‘mass affluent’ segment, meaning those who have between a few hundred to a few million dollars in investable assets, and this segment is growing fast,” said Dhruv Arora, Founder and Chief Executive Officer of Syfe.

“As a platform built in the region, for the region, we have a deep understanding of what these investors need,

“We’re in a great position to serve them with personalized, accessible, and high-quality wealth management at scale,” he added.

According to the statement, Syfe’s business has grown significantly in the last 18 months with total assets now well over $10 billion.

In Hong Kong alone, the business has doubled in size since the start of 2025.

Syfe is prioritizing automation and the adoption of artificial intelligence (AI)-assisted tools to enhance efficiency for both clients and internal operations.

In parallel, the company is making selective, strategic hires to strengthen key capabilities.

Notable recent additions include Sanjeev Malik, former Managing Director at BlackRock for 18 years; and Dane Ricketts, Syfe’s new Vice Presdient of Marketing, who brings extensive global experience from senior roles at Procter & Gamble and Grab, with a focus on consumer and growth marketing.

“Syfe’s core business has nearly doubled in the last year, and now expands further with the addition of Selfwealth to the Syfe family,” added Arora.

“This capital will be used to scale our reach and strengthen our leadership position across Singapore, Hong Kong and Australia,

“We’ll continue investing in innovation, enhancing the customer experience, and expanding our product suite to meet the evolving needs of investors – empowering more people to take control of their financial future,” he added.


#WealthTech #SeriesCFunding #DigitalInvesting #AsiaPacificGrowth #AIinFinance

Patrocinado
Pesquisar
Patrocinado
Categorias
Leia Mais
Networking
The rise of micro-startups: Building businesses with zero code in 2025
In 2025, starting a business no longer requires a specialized skill set, substantial capital, or...
Por Ifvex 2025-04-25 09:00:38 0 9K
Networking
Praxis : SEA’s private capital falls to $6.3B in first half
Southeast Asia private capital invested fell to $ 6.3 billion across 213 deals in the first half...
Por Ifvex 2025-09-26 07:38:41 0 1K
Health
Temasek and GIC acquire stake in Singapore-headquartered biotech specialist CRO Novotech
Novotech, Singapore-headquartered full-service biotech specialist clinical research organization...
Por Ifvex 2025-04-01 06:28:12 0 10K
Health
The human code: How physical AI is rewriting the future of care
By the time you finish reading this article, somewhere in the world, a robot will have helped a...
Por Ifvex 2025-04-26 05:38:04 0 13K
Food
Popovers
Although I've always known them as Yorkshire Puddings and have always enjoyed them with roast...
Por Recipes 2025-02-13 06:43:13 0 13K
Ifvex https://ifvex.com