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. The additional capital brings the total size of the firmâs Series A funding round to $22 million,...
Source: bnnbloomberg.ca