Digital wealth platform Syfe announced that it has raised US$80 million in its Series C funding round.
This amount includes a new US$53 million all-equity C2 tranche, which follows a US$27 million C1 raise in August 2024.
The company stated the C2 funding came at an increased valuation. This latest round brings Syfe’s total funding to US$132 million.
The round was led by two UK family offices, with participation from existing investors Unbound and Valar.
Syfe also recently acquired Selfwealth, an online investment platform in Australia, in a A$65 million (S$54.5 million) all-cash deal to increase its user base in that country.
The company reported that its total assets have surpassed US$10 billion. Syfe added that its Hong Kong operations have doubled in size since the beginning of 2025.
The funds will be used to scale its operations in Singapore, Hong Kong, and Australia.
Syfe also plans to invest in automation, AI-assisted tools, and strategic hiring. Recent appointments include Sanjeev Malik, formerly of BlackRock, and Dane Ricketts, who will serve as VP of Marketing.
“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 & 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.
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 personalised, accessible, and high-quality wealth management at scale.”
said Dhruv Arora, Founder and CEO of Syfe.
Featured image: Edited by Fintech News Singapore, based on image by digitizesc via Freepik
