Syfe has announced the successful close of its Series C funding round of US $80 million. This includes a new all equity C2 of US $53 million at a significantly increased valuation and adds to the C1 raise of US$ 27 million in August 2024, underscoring Syfe’s strong business...

Cash+ portfolio delivers a projected rate of 1.75% per annum

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This comes just nine months after Syfe’s Series A in September 2020 and brings our total capital raised to S$70.7 million (US$52.6 million).

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...

Earlier this week, on 14th February, Deputy Prime Minister and Minister for Finance Mr Lawrence Wong delivered Singapore’s FY2023 Budget Statement - covering the Government’s strategy for the post-pandemic world and addressing concerns for businesses, workers, and households. With the theme “Moving Forward in a New Era”, Wong announced...

The funds will be used to enter new markets, develop new products and services, hire top talent, and enhance Syfe’s technology platform

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...

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...

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...