Syfe, a digital wealth management platform headquartered in Singapore, has raised US$80 million at the close of its Series C funding round.

The latest investment brings the start-up’s total funding to date to US$132 million. It follows the firm’s recent acquisition of Selfwealth, an online investment platform in Australia, which has significantly increased its presence and user base in the country.

The Series C round was led by two UK family offices, and supported by returning investors Unbound and Valar.

According to Syfe, the successful closing of the funding series reflects investor confidence in its business model and the long-term growth potential of the Asia-Pacific wealth management sector, even when the region marked the lowest funding quarter since 2014 in Q1 2025.

Assets surpass US$10 billion

“This fundraise comes at an exciting time as we grow our presence across the region and expand our offerings,” says Syfe founder and chief executive officer Dhruv Arora.

“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. 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.”

Syfe’s business has grown significantly in the last 18 months, with total assets now well over US$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 AI-assisted tools to enhance efficiency for both clients and internal operations.

At the same time, the company is making 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-president of marketing, who performed senior roles at Procter & Gamble and Grab, with a focus on consumer and growth marketing.

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