SINGAPORE – 23 September 2020 – Syfe, the Singapore based digital wealth manager, today announced that it has successfully closed a SG$25.2 million (US$18.6 million) Series A funding round led by Valar Ventures, one of the world’s leading VC funds for high potential fintech companies. This latest capital injection will allow Syfe to accelerate its journey toward reshaping the future of investing and saving in Asia. The funds will be used to enter new markets, develop new products and services, hire top talent, and enhance Syfe’s technology platform to continue delivering exceptional user experiences. Other participants in the round include Presight Capital, and existing investor Unbound, the UK-based investment firm, which led Syfe’s seed funding round in July 2019. Dhruv Arora, Founder and CEO, Syfe, said: “We are delighted that Valar Ventures, with their wealth of experience in building successful fintech companies globally, has joined our mission. This fundraising is a pivotal moment in Syfe’s journey and reflects our investors’ confidence in our team and vision.”...