StashAway raises US$12m led by Eight Roads Ventures
Funds will help its regional expansion, speed up product development efforts and improve startup's offerings with a view to expanding high net worth client base
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
STASHAWAY, a robo-advisor that serves both retail and accredited investors, has raised US$12 million through a Series B round led by Eight Roads Ventures, the proprietary investment arm of Fidelity International.
Other backers include Asia Capital & Advisors, a private equity firm led by banking veteran Francis Rozario. Asia Capital & Advisors had previously participated in StashAway's pre-Series A and Series A funding rounds in 2018.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Japan stocks look set for new highs in 2025 on earnings, reform
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
