In a move that underscores India’s growing role in the global fintech ecosystem, Asia-Pacific’s digital wealth management platform Syfe has raised a total of $80 million in its Series C round. The latest $53 million C2 tranche was led by two UK-based family offices, adding to the $27 million Series C1 raised in August 2024. Existing backers, Unbound and Valar Ventures, also participated in the round.
But beyond the numbers, this fundraiser reflects Syfe’s deepening commitment to India’s tech landscape, with plans to significantly scale its engineering and product teams at its Gurugram technology headquarters. The company has already increased its India headcount by nearly 15% since the previous raise and is actively hiring across AI, customer experience, and digital product roles.
“India is fast emerging as the heartbeat of Syfe’s innovation engine,” a company spokesperson noted. “This funding will not only accelerate product development but also allow us to deliver more intelligent, AI-driven wealth solutions to clients across Asia and beyond.”
Founded with a mission to democratize investing, Syfe now manages over $10 billion in assets, serving users in 60 countries. It is licensed in Singapore, Hong Kong, and Australia, and recently expanded its footprint in the latter with the acquisition of Selfwealth, a well-established Australian brokerage firm.
According to the company, 2025 has already seen its Hong Kong business double, contributing to a near doubling of Syfe’s overall growth in the past year. The firm is also investing in leadership, having brought on Sanjeev Malik (formerly with BlackRock) and Dane Ricketts (ex-Procter & Gamble, Grab) in senior roles to guide its next phase.
The fresh capital will be channeled into three core priorities:
– Strengthening AI-assisted tools for smarter portfolio management,
– Expanding the product suite to serve a wider spectrum of retail and affluent investors, and
– Enhancing the customer experience across regions.
Syfe’s growth comes at a time when the mass affluent segment in Asia is surging, driven by digital adoption and increasing appetite for passive investing. With its tech-led, customer-first approach — and India as a strategic nucleus — Syfe is positioning itself to lead the next chapter in Asia’s wealth tech revolution.
