The Business Times
business-time-50
BT EXCLUSIVE

Syfe to launch in Hong Kong, double headcount by end-2022

Robo adviser on aggressive expansion track across Asia after closing US$30m Series B funding round last month

google-preferred-sourceAdd BT as a preferred source
Published Tue, Aug 24, 2021 · 09:50 PM

    Singapore

    DIGITAL wealth manager Syfe is gearing up to enter the Hong Kong market in the next two quarters, with plans to also double its headcount by the end of 2022.

    The Singapore-based robo adviser, which currently has about 100 staff since its launch in July 2019, is on an aggressive expansion track across Asia after closing a US$30 million Series B funding round last month that was led by Peter Thiel's Valar Ventures.

    robo-advisorsWealth managementFinancial planningpersonal finance

    TRENDING NOW

    Buntono is accused of possessing properties that, in part, represent his benefits from income tax evasion, including a Lamborghini Aventador similar to the one pictured.

    Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    The onset of El Nino is also seen as a tailwind, as average crude palm oil prices have historically surged during the weather event.

    Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts

    Soon Su Lin (left) will step down after close to a decade at the group. Tan Wee Hsien will join the company as CEO designate on Sep 8 this year.

    Soon Su Lin to step down as Frasers Property Singapore CEO; Tan Wee Hsien named successor

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More