Digital wealth management platform Syfe has raised $80 million in Series C funding round led by two UK family offices and returning investors including Unbound and Valar Ventures. This includes a new all equity round Series C2 of $53 million at a significantly increased valuation and adds to the Series C1 raise of $27 million in August 2024.
“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 CEO of Syfe.
A part of the capital will be used to expand Syfe’s engineering and product teams at its Gurugram tech hub, where staffing has increased by nearly 15% since the C1 funding round. The firm is also focusing on automation and AI-driven solutions to boost efficiency and enhance client experience.
The company’s headcount in India has grown by nearly 15% since the C1 funding round in August 2024. In the last 18 months, Syfe’s business has grown significantly, with its core business nearly doubling in the last year and with total assets now well over $10 billion, it said in an official statement.
In Hong Kong alone, the business has doubled in size since the start of 2025. The company also recently acquired Selfwealth, one of Australia's most established and trusted online investment platforms.
The investment comes at a time when capital is highly selective - Q1 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.
Syfe claims to have managed over $10 billion in assets and built on the pillars of access, device, and affordability. It caters to the different wealth needs of individuals with diversified proprietary portfolios, cash management solutions and brokerage. In Singapore alone, over 8% of adult citizens are using the platform to achieve their financial goals.
So far, it has raised over $130 million to date and is backed by leading global investors, including Peter Thiel’s Valar Ventures, Unbound and partners from DST.
