Asia Saving & Investment Platform Syfe Raised $27 Million in New Funding Round from Investors Including Valar Ventures, Unbound & 2 UK Family Offices, $79 Million Funds Raised Since Founding
16th August 2024 | Hong Kong
Asia saving & investment platform Syfe has raised $27 million (HKD 210 million) in new funding round from investors including Valar Ventures, Unbound & 2 UK family offices, with a total of $79 million (HKD 615 million) funds raised since founding of Syfe. Dhruv Arora, Founder & CEO of Syfe: “It was my experience as a professional investor in Hong Kong that first gave me the idea for Syfe. Since launching here we have made great progress helping people to grow their wealth for a better future, and this funding will enable us to reach even more customers. Through increased investment in development, we will bring even more innovative new products to market while continuously upgrading the Syfe user experience. We will also be assessing strategic investment opportunities or acquisition targets aligned with our mission and growth objectives. Securing quality investment in the current fundraising environment is not only a significant milestone for Syfe, but for consumer-facing digital wealth businesses across the region. The amount raised and the addition of new investors underscores the confidence in our vision and our ability to deliver remarkable and efficient growth.”
“ Asia Saving & Investment Platform Syfe Raised $27 Million in New Funding Round from Investors Including Valar Ventures, Unbound & 2 UK Family Offices, $79 Million Funds Raised Since Founding “
Dhruv Arora, Founder & CEO of Syfe: “It was my experience as a professional investor in Hong Kong that first gave me the idea for Syfe. Since launching here we have made great progress helping people to grow their wealth for a better future, and this funding will enable us to reach even more customers. Through increased investment in development, we will bring even more innovative new products to market while continuously upgrading the Syfe user experience. We will also be assessing strategic investment opportunities or acquisition targets aligned with our mission and growth objectives. Securing quality investment in the current fundraising environment is not only a significant milestone for Syfe, but for consumer-facing digital wealth businesses across the region. The amount raised and the addition of new investors underscores the confidence in our vision and our ability to deliver remarkable and efficient growth.”
Shravin Bharti Mittal, Founder & CEO of Unbound: “Syfe’s impressive growth and operational efficiency continue to make it stand out in the fintech space. In the current environment, the company’s ability to scale and reach profitability in a key market like Singapore is a testament to the strength of its business model and team.”
Asia Saving & Investment Platform Syfe Raised $27 Million in New Funding Round from Investors Including Valar Ventures, Unbound & 2 UK Family Offices, $79 Million Funds Raised Since Founding
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