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Dhruv Arora, Founder and CEO, Syfe
Wealthtech platform Syfe has raised $80 million in a Series C funding round. The round includes a $53 million equity infusion in a new Series C2 tranche at an undisclosed but “significantly increased” valuation, adding to the $27 million Syfe raised in August 2024 during its C1 raise.
The fundraise, which was led by two UK-based family offices and backed by returning investors Unbound and Valar Ventures, brings Syfe’s total capital raised to $132 million.
The announcement comes on the heels of Syfe’s acquisition of Selfwealth, one of Australia’s largest retail investment platforms. That deal has significantly boosted the company’s presence and user base in the Australian market—a geography that, along with Hong Kong and Singapore, constitutes Syfe’s primary growth corridor.
“This fundraise comes at an exciting time as we grow our presence across the region and expand our offerings”, said Dhruv Arora, Founder and CEO of Syfe. “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.”
The company, which began as a robo-advisory platform in Singapore, now manages over $10 billion in assets. In Hong Kong, it has doubled its business footprint since the beginning of 2025. The integration of Selfwealth is expected to further consolidate Syfe’s position in Australia’s direct-to-consumer investing market.
To support its next phase of growth, Syfe is investing in artificial intelligence and automation to improve internal efficiencies and customer experience. The company has also expanded its leadership team with strategic hires. Sanjeev Malik, who spent nearly two decades at BlackRock, has joined to help shape Syfe’s global product strategy. Dane Ricketts, previously with Procter & Gamble and Grab, is the company’s new vice president of marketing.
“This capital will be used to scale our reach and strengthen our leadership position across Singapore, Hong Kong, and Australia,” Arora said. The company will also continue investing in innovation and product expansion as it seeks to offer a wider suite of tools for investors across different life stages and asset classes.