syfe

The portfolio invests in equities, bonds, and gold, and sells call options to generate income.

Today, we look at PropertyGuru’s leaner second act under CEO Lewis Ng and a surge in AUM for wealthtech firm Syfe.

Syfe had previously hit US$10 billion in assets around the Selfwealth acquisition, the last public benchmark before the new milestone.

Banks venture into fractional investing in SG, a Gen Z dropout builds profitable AI for architects, and OpenAI’s cash burn defies its $122b haul.

StashAway sees “strong growth” in Singapore, while Endowus reports “steady inflows” on its platform amid growing interest in fractional investing.

Today’s newsletter looks at Syfe’s pivot toward bigger clients in FY 2025 and Tokocrypto’s bet on futures trading in Indonesia’s crypto race.

Institutional clients – a fast-growing part of the business – drove 41% of the digital wealth platform’s top line in FY2025.

Syfe, which operates in Singapore, Hong Kong, and Australia, reported assets under management above US$10 billion.

Expanding a fintech business today requires speed, and acquisition can collapse years of work into one move. Here’s what founders should consider.

The round was led by two UK family offices and included participation from existing investors Unbound and Valar Ventures.