Syfe

Syfe
TypeFinancial Technology
FounderDhruv Arora
HeadquartersSingapore
AUM
  • Increase US$10 billion
[1]
Websitesyfe.com

Syfe is a Singapore-based digital wealth management platform that offers robo-advisory services, brokerage, and cash management solutions.[2][3] It is backed by Peter Thiel's, Valar Ventures.[4][5]

History

Founded by Dhruv Arora in 2017 and launched in July 2019,[6][7] the company is licensed by the Monetary Authority of Singapore and operates in Singapore, Hong Kong, and Australia.[2] In 2024, it was named among Fortune's Fintech Innovators Asia.[8]

In 2025, Syfe raised US$53 million in series C funding from Peter Thiel's Valar Ventures.[1][9] In the same year, the company reported $10billion in assets under management.[1] It acquired Selfwealth in April 2025 for A$65 million.[1][6]

References

  1. 1 2 3 4 Zhan Heng, Young (2025-07-06). "For SMEs, Syfe thinks boring and safe products are the way to go". The Business Times (Singapore). Retrieved 2026-01-12.
  2. 1 2 Ang, Angela (2026-09-01). "Asia's cash savings are double the US rate. Fintech platforms like Syfe want to change that". Fortune (magazine). Retrieved 2026-01-12.
  3. ↑ Shu, Catherine (2020-09-23). "Singapore-based Syfe, a robo-advisor with a human touch, raises $18.6 million led by Valar Ventures". TechCrunch. Retrieved 2026-01-12.
  4. ↑ Thornhill, James (2025-06-05). "Peter Thiel-backed Singapore venture pushes into financial advice". Australian Financial Review. Retrieved 2026-01-12.
  5. ↑ "Wealthtech platform Syfe raises $27 million from Peter Thiel's Valar Ventures". The Economic Times. 2024-08-14. Retrieved 2026-01-12.
  6. 1 2 "Syfe Raises USD 80 Mn in Series C Funding, Focuses on India Tech Expansion". Entrepreneur (magazine). 2025-06-05. Retrieved 2026-01-12.
  7. ↑ Dhruv, Arora (2025-11-24). "Syfe CEO: Fintech founders need to focus on trust if the sector is to reach its full potential". Fortune (magazine). Retrieved 2026-01-12.
  8. ↑ "Fintech Innovators Asia". Fortune. Retrieved 2026-01-14.
  9. ↑ Tjaardstra, Andrew (2025-06-05). "Digital wealth platform Syfe raises $80m Series C in Apac push". FinanceAsia.