Weekly Update (21-27 April 2025): Alphabet Smashes Expectations
Alphabet, the parent company of Google and YouTube, reported stronger-than-expected first-quarter growth this week. Here's the lowdown.
Weekly Update (14-20 April 2025): Gold Glitters Amid Trade Turmoil
Tariff-induced trade tensions and central bank manoeuvres have pushed gold prices past a historical high of $3,341 per ounce. The SPDR Gold Trust gained +6.46% in the last week as investors poured into safe haven assets amid growing concerns over inflation and trade.
What does this mean for you?
With President...
Syfe research reveals SME cash management challenges; SGD 800 million lost in potential interest annually
On average, Singaporean SMEs are collectively missing out on SGD 800M in potential interest earnings.A recent Syfe survey revealed that nearly half of Singapore’s SMEs prioritise guaranteed returns and liquidity when managing cash – with traditional banking solutions that often means losing out on potential returns on their capital.Syfe...
Syfe submits offer to acquire ASX-listed Selfwealth, doubling down on Australian market
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...
Syfe launches early employee share buyback
In a significant move highlighting our commitment to the Syfe team, we launched our first-ever employee share buyback program. While most private companies wait until they are near an IPO to offer such buybacks, we’re bucking the trend by rolling out this initiative at an much earlier stage in...
Beware of scammers impersonating Syfe and its officers or employees
Stay vigilant. Syfe has received reports of WhatsApp messages impersonating us
Syfe raises USD 27 million in new funding round, announces profitability in Singapore
Syfe, Asia’s leading saving and investment platform, today announced that it has closed a USD 27 million funding round, increasing its valuation and bringing total funds raised to USD 79 million.
The latest investment has been achieved amidst a challenging funding environment, with funding in Asia at its lowest level...
How Female Investors at Syfe Challenge Gender Investment Stereotypes
Negative stereotypes of female investors have been around for a long time. Women are thought to be more cautious and risk-averse compared to their male counterparts, and often assumed to invest later in life and less than men.
But the once male-dominated investment world has been undergoing notable change. Women...
SEC Approves Spot Bitcoin ETFs
In an unprecedented move that marks a new era for the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has approved 11 applications for spot Bitcoin exchange-traded funds (ETFs). This decision, which came to light on January 10, 2024, signifies a watershed moment not only for Bitcoin, the...
S-REIT Q32023 Earnings Recap
Recap from the Q3 2023 S-REIT earnings season. The resilience in the operational performance of S-REITS.
