{"id":18530,"date":"2024-10-16T09:55:05","date_gmt":"2024-10-16T01:55:05","guid":{"rendered":"https:\/\/www.syfe.com\/magazine\/?p=18530"},"modified":"2024-10-16T13:38:04","modified_gmt":"2024-10-16T05:38:04","slug":"syfe-launches-early-employee-share-buyback","status":"publish","type":"post","link":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/","title":{"rendered":"Syfe launches early employee share buyback"},"content":{"rendered":"\n
\"Syfe
Syfe’s 5th anniversary party<\/figcaption><\/figure>\n\n\n\n

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\u2019re bucking the trend by rolling out this initiative at an much earlier stage in our journey.<\/p>\n\n\n\n

A milestone moment<\/h2>\n\n\n\n

We\u2019ve allocated up to SGD 5 million for the buyback, giving nearly 200 current and past employees the opportunity to turn their hard work into tangible gains. This move is designed to create new pathways for employees to benefit from their contributions, especially in a market where liquidity events are becoming less frequent.<\/p>\n\n\n\n

This marks a milestone for all of us at Syfe \u2013 a chance for our team members to directly benefit from the company\u2019s success, which is a direct result of their dedication, hard work, and loyalty.<\/p>\n\n\n\n

We made the decision early on to make every team member a shareholder through our Employee Stock Option Program (ESOP), regardless of their role or experience level. Now, with this buyback program, everyone who has helped build Syfe over the past years can reap the rewards of their effort..<\/p>\n\n\n\n

Driving growth and setting a new standard<\/h2>\n\n\n\n

Building on our momentum, we\u2019ve focused on growth by launching new products, entering new markets, and reaching profitability in our core market of Singapore. The SGD 36 million in our latest funding round is a testament to our team\u2019s perseverance and reinforces our standing as a leader in the investment industry. Our share buyback program exemplifies our commitment to managing liquidity, showing that employee rewards can go beyond traditional compensation.<\/p>\n\n\n\n

As we continue to grow and expand our offerings, the focus remains on delivering value, not just to customers and investors but also to the dedicated team driving our vision forward. The employee share buyback program is one of the many ways we\u2019re creating a future where everyone can grow their wealth and achieve financial independence.<\/p>\n","protected":false},"excerpt":{"rendered":"

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\u2019re bucking the trend by rolling out this initiative at an much earlier stage in our journey. A milestone moment We\u2019ve […]<\/p>\n","protected":false},"author":3,"featured_media":18531,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[],"class_list":{"0":"post-18530","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"acf":{"readingTime":"","authorName":"Syfe Singapore","authorThumbnail":false,"BLUE_TIER":"0","BLACK_TIER":"0","GOLD_TIER":"0","PRIVATE_WEALTH_TIER":"0","PRE_AML":"0","POST_AML":"0","NO_GLOBAL_PORTFOLIO":"0","NO_REITS_PORTFOLIO":"0","NO_EQUITY_PORTFOLIO":"0","NO_CASH_PORTFOLIO":"0","HAS_ADVISOR":"0","INVESTMENT_PORTFOLIO_AUM":"0","AFTER_AML_DATE":"","AFTER_ACCOUNT_CREATED_DATE":""},"yoast_head":"\nSyfe launches early employee share buyback - Connect<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Syfe launches early employee share buyback\" \/>\n<meta property=\"og:description\" content=\"Syfe's 5th anniversary party In a significant move highlighting our commitment to the Syfe team, we launched our first-ever employee share buyback\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/\" \/>\n<meta property=\"og:site_name\" content=\"Connect\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-16T01:55:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-16T05:38:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1920\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Syfe Singapore\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Syfe Singapore\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/\"},\"author\":{\"name\":\"Syfe Singapore\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/#\/schema\/person\/8d955bc4210538fdf152e7e66c4b943c\"},\"headline\":\"Syfe launches early employee share buyback\",\"datePublished\":\"2024-10-16T01:55:05+00:00\",\"dateModified\":\"2024-10-16T05:38:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/\"},\"wordCount\":338,\"publisher\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-scaled.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/\",\"url\":\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/\",\"name\":\"Syfe launches early employee share buyback - Connect\",\"isPartOf\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-scaled.jpg\",\"datePublished\":\"2024-10-16T01:55:05+00:00\",\"dateModified\":\"2024-10-16T05:38:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#primaryimage\",\"url\":\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-scaled.jpg\",\"contentUrl\":\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-scaled.jpg\",\"width\":2560,\"height\":1920,\"caption\":\"Syfe Team\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.syfe.com\/magazine\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Syfe launches early employee share buyback\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/#website\",\"url\":\"https:\/\/www.syfe.com\/magazine\/\",\"name\":\"Connect\",\"description\":\"Helping you take charge of your financial future\",\"publisher\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.syfe.com\/magazine\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/#organization\",\"name\":\"Syfe Pte Ltd\",\"url\":\"https:\/\/www.syfe.com\/magazine\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2019\/05\/logo_black.png\",\"contentUrl\":\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2019\/05\/logo_black.png\",\"width\":550,\"height\":240,\"caption\":\"Syfe Pte Ltd\"},\"image\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/#\/schema\/person\/8d955bc4210538fdf152e7e66c4b943c\",\"name\":\"Syfe Singapore\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Syfe launches early employee share buyback - Connect","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/","og_locale":"en_US","og_type":"article","og_title":"Syfe launches early employee share buyback","og_description":"Syfe's 5th anniversary party In a significant move highlighting our commitment to the Syfe team, we launched our first-ever employee share buyback","og_url":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/","og_site_name":"Connect","article_published_time":"2024-10-16T01:55:05+00:00","article_modified_time":"2024-10-16T05:38:04+00:00","og_image":[{"width":2560,"height":1920,"url":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-scaled.jpg","type":"image\/jpeg"}],"author":"Syfe Singapore","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Syfe Singapore","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#article","isPartOf":{"@id":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/"},"author":{"name":"Syfe Singapore","@id":"https:\/\/www.syfe.com\/magazine\/#\/schema\/person\/8d955bc4210538fdf152e7e66c4b943c"},"headline":"Syfe launches early employee share buyback","datePublished":"2024-10-16T01:55:05+00:00","dateModified":"2024-10-16T05:38:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/"},"wordCount":338,"publisher":{"@id":"https:\/\/www.syfe.com\/magazine\/#organization"},"image":{"@id":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#primaryimage"},"thumbnailUrl":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-scaled.jpg","articleSection":["News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.syfe.com\/magazine\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/","url":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/","name":"Syfe launches early employee share buyback - Connect","isPartOf":{"@id":"https:\/\/www.syfe.com\/magazine\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#primaryimage"},"image":{"@id":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#primaryimage"},"thumbnailUrl":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-scaled.jpg","datePublished":"2024-10-16T01:55:05+00:00","dateModified":"2024-10-16T05:38:04+00:00","breadcrumb":{"@id":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#primaryimage","url":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-scaled.jpg","contentUrl":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-scaled.jpg","width":2560,"height":1920,"caption":"Syfe Team"},{"@type":"BreadcrumbList","@id":"https:\/\/www.syfe.com\/magazine\/syfe-launches-early-employee-share-buyback\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.syfe.com\/magazine\/"},{"@type":"ListItem","position":2,"name":"Syfe launches early employee share buyback"}]},{"@type":"WebSite","@id":"https:\/\/www.syfe.com\/magazine\/#website","url":"https:\/\/www.syfe.com\/magazine\/","name":"Connect","description":"Helping you take charge of your financial future","publisher":{"@id":"https:\/\/www.syfe.com\/magazine\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.syfe.com\/magazine\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.syfe.com\/magazine\/#organization","name":"Syfe Pte Ltd","url":"https:\/\/www.syfe.com\/magazine\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.syfe.com\/magazine\/#\/schema\/logo\/image\/","url":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2019\/05\/logo_black.png","contentUrl":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2019\/05\/logo_black.png","width":550,"height":240,"caption":"Syfe Pte Ltd"},"image":{"@id":"https:\/\/www.syfe.com\/magazine\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.syfe.com\/magazine\/#\/schema\/person\/8d955bc4210538fdf152e7e66c4b943c","name":"Syfe Singapore"}]}},"jetpack_featured_media_url":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-scaled.jpg","jetpack_sharing_enabled":true,"category":"News","authorName":"Syfe Singapore","thumbnail":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-150x150.jpg","featuredImage":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2024\/10\/IMG_4768-scaled.jpg","_links":{"self":[{"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/posts\/18530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/comments?post=18530"}],"version-history":[{"count":3,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/posts\/18530\/revisions"}],"predecessor-version":[{"id":18566,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/posts\/18530\/revisions\/18566"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/media\/18531"}],"wp:attachment":[{"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/media?parent=18530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/categories?post=18530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/tags?post=18530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}