Syfe Secures $27 Million in New Funding

Singapore-based investment platform Syfe has raised $27 million in a recent equity funding round, backed by notable investors including Valar Ventures, Unbound, and two UK family offices.

• Company Overview: Founded in 2019 by Dhruv Arora, Syfe offers a platform for diversified portfolios, cash management, and brokerage services tailored to individual wealth needs.

• Global Reach: Syfe operates in Singapore, Hong Kong, and Australia, with customers across over 60 countries. The company aims to launch new products and enter additional markets.

• Funding Details: The fresh capital will fuel the expansion of its engineering and product teams, particularly at its tech center in India.

• Investor Perspective: Shravin Bharti Mittal, founder and CEO of Unbound, highlights Syfe's successful scaling and profitability in Singapore as proof of its robust business model and team.

This new funding round marks an exciting phase for Syfe, accelerating its growth and innovation journey.