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Digital Wealth Management Fintech Syfe Secures SGD 40M via Series B led by Valar Ventures


Digital Wealth Management Fintech Syfe Secures SGD 40M via Series B led by Valar Ventures
Singapore-based
Syfe, a digital or online wealth management company, has secured SGD 40 million through a Series B round.
Syfe‘s investment round has been led by US-headquartered
Valar Ventures, the VC fund co-founded by
Peter Thiel, which led Syfe’s Series A round and was the VC’s first investment in an Asian Fintech firm. Existing investors
Presight Capital and
Unbound also took part in the round.
This latest fundraise has been announced only 9 months after Syfe finalized its Series A in September 2020. Syfe has now secured a total of SGD 70.7 million (appr. $52.6 million) in capital since it launched operations back in 2019. The company has tripled its valuation following the raise. ....

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Tiger Brokers Singapore to Offer Singapore's First Dividend-Paying China-Focused ETF through Lion Global Investors


Tiger Brokers Singapore to Offer Singapore s First Dividend-Paying China-Focused ETF through Lion Global Investors
SINGAPORE, Jul 16, 2021 - (ACN Newswire) - Xiaomi-backed online brokerage Tiger Brokers Singapore (Tiger Brokers) today announced that they had been invited by Lion Global Investors, one of the largest asset managers in Southeast Asia, to be among the Authorised Participating Dealers (PDs) for the Lion-OCBC Securities China Leaders ETF, listed on Singapore Exchange Securities Trading Limited (SGX-ST). Investors on Tiger Brokers platform, Tiger Trade, will be able to access Singapore s first China-focused dividend-paying ETF. This ETF allows investors to partake in China s growth story as well as diversify their investment portfolio by including Chinese stocks in an easy and affordable way. ....

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