Syfe Secures $80 Million in Series C Round for Expansion

Syfe, a prominent digital wealth management platform operating in the Asia-Pacific region, has successfully raised $80 million in its Series C funding round. This funding includes a new $53 million Series C2 all-equity round led by two family offices from the UK, supplementing the $27 million Series C1 raised in August 2024. Notable existing investors, including Unbound and Valar Ventures, also took part in this funding round.

Use of Proceeds

The funds raised will be directed towards expanding operations in Singapore, Hong Kong, and Australia. The primary emphasis will be on scaling both engineering and product teams at their technology headquarters situated in Gurugram, India.

Growth and Recent Developments

Currently, Syfe manages over $10 billion in assets and has recently made the strategic acquisition of Selfwealth in Australia. The company has reported a doubling of its business in Hong Kong during 2025, with an overall near doubling in the past year. Significant senior appointments have also been announced, including Sanjeev Malik formerly with BlackRock and Dane Ricketts who previously worked with Procter & Gamble and Grab.

Workforce Expansion in India

Syfe has increased its workforce in India by nearly 15% since the last funding round and continues hiring strategically. The new influx of funds will further facilitate the adoption of AI-driven tools, improve customer experiences, and expand its product offerings.

Global Reach and Focus on Mass Affluent Segment

With licenses in Singapore, Hong Kong, and Australia, Syfe now caters to users in 60 countries and intends to intensify its focus on the burgeoning mass affluent segment in Asia.