In recent months, Syfe made two announcements that piqued my interest as an investor who has been actively using their products and services for the past few years.
In 2019, Syfe raised S$5.2 million, one of the largest
seed rounds in Southeast Asia.
This was followed by
Series A Funding Round (US$18.6 million) in 2020 and
Series B Funding Round (US$30 million) in 2021.
Starter Guide To Funding Rounds
Series A, B, and C funding rounds are stages in a startup’s fundraising journey, with each stage generally aligning with specific growth milestones.
Here’s how each round might differs.
Syfe (Singapore) is already able to offer the “holistic offering of managed investment portfolios, cash management solutions and full-fledged brokerage” to customers.
With this round of funding, Syfe will look to launch similar products and services in Hong Kong and Australia, in addition to strategic...
