- The round is co-led by Prosus Ventures, the venture investing arm of Netherlands-listed Prosus which is majority owned by Naspers (one of the largest shareholders of Tencent), and Singapore-based global investor EDBI. Endowus is EDBI’s first investment in the WealthTech sector and this is testament to Endowus’ continued leadership in digital wealth management in Asia, as well as Singapore’s thriving fintech scene.
New investors Prosus Ventures, Singapore-based global investor EDBI, Z Holdings - which owns the LINE messaging app, join returning investors UBS, Singtel Innov8 and Lightspeed Venture Partners, in accelerating Endowus’ growth in Singapore and across Asia
Singapore, 30 November 2021 – Singapore’s leading digital wealth app Endowus announced today it has raised an additional S$35 million (US$27 million) to accelerate its growth in Singapore and across Asia to make expert wealth management accessible, affordable and convenient to everyone. This brings the company’s total funding this year to S$67 million (US$50 million).
