Business
Syfe submits offer to acquire ASX-listed Selfwealth, doubling down on Australian market
By Syfe  •  February 5, 2025
SINGAPORE, 05 February 2025 – Syfe, Asia Pacific’s leading saving and investment platform, has made a non-binding indicative offer to acquire Selfwealth (ASX: SWF), one of Australia’s largest digital investing platforms, for A$65 million cash. During its Series C-1 fundraising round in 2024, Syfe announced its intent to pursue acquisitions as a key growth lever, focusing on expanding its market reach and strengthening its product offering. The proposed acquisition will add Selfwealth’s platform to Syfe’s existing business, significantly expanding its Australian footprint. With established operations in Singapore, Hong Kong, and Australia, Syfe is well-positioned to support Selfwealth’s growth while delivering an even stronger digital investing experience to customers across the region. Syfe’s vision for Selfwealth is for it to continue operations as usual, with enhancements over time as it benefits from Syfe’s technology, expertise, and scale. “As a home-grown Singaporean company, we are proud to be part of the new wave of local fintech players that are scaling globally....
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By Syfe
Syfe is a digital investment platform that is building the next generation of financial solutions for individuals across Asia ...
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