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Months after its Series A, Singaporean robo-advisor Endowus add $35M SGD in new funding – TechCrunch

Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 million US) to its war chest. The round was led by Prosus Ventures, the venture firm majority-owned by Naspers, and EDBI. Participants included SoftBank Corp.-owned Japanese tech conglomerate Z Holdings. Returning investors included UBS, Singtel Innov8 […]
Jawa Timur Singtel Innov Gregory Van Z Holdings Softbank Corp Central Provident Fund

Singapore Digital Wealth App Scores Money From UBS, Samsung

Singapore Digital Wealth App Scores Money From UBS, Samsung Yoolim Lee, Bloomberg News (Bloomberg) -- Digital wealth platform Endowus Pte has secured investments from UBS Group AG, Samsung Ventures and Singtel Innov8 to fuel expansion in Singapore and Hong Kong. Zurich-based UBS is putting an unspecified amount of its own money into Endowus through UBS Next, a $200 million fund that takes direct stakes in early-stage fintech firms, the Singapore-based company said in a statement on Thursday. Th...
Hong Kong Endowus Pte Samuel Rhee Singtel Innov Gregory Van Goldman Sachs Group Inc

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