Endowus secures new strategic investors in UBS, Singtel and Samsung

Singapore

DIGITAL wealth platform Endowus has secured three "strategic investors", including financial services group UBS, in a further affirmation of its business model.

The other two investors are Samsung and Singtel.

This latest investment - of which the amount is undisclosed - comes on the heels of the successful close of its Series A funding in April, which raised S$23 million from Lightspeed Venture Partners and SoftBank Ventures Asia.

In a statement, Endowus said UBS will be an important strategic partner as the largest global wealth manager. Samsung and Singtel Innov8 bring mobile technology expertise, which would help extend …

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