Singapore-based wealthtech Syfe lands $27m Series C funding

Syfe, a Singapore-based digital investment platform, has raised $27 million in a Series C funding round, bringing its total funding to $79 million. The round saw participation from existing investors Valar Ventures and Unbound, as well as new UK family offices. Launched in July 2019, Syfe offers a range of financial services including brokerage and managed investment portfolios. Claiming profitability by early 2024, the company aims to accelerate product development and expand into Hong Kong and Australia. CEO Dhruv Arora also mentioned plans for strategic investments or acquisitions to support growth. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures » FinTech Futures