Singapore-based Syfe, a robo-advisor with a human touch, raises $18.6 million led by Valar Ventures
(WorldNews Asia)

Dhruv Arora, the founder and CEO of Singapore-based investment platform Syfe Syfe, a Singapore-based startup that wants to make investing more accessible in Asia, announced today that it has closed a SGD $25.2 million (USD $18.6 million) Series A led by Valar Ventures, a fintech-focused investment firm. The round also included participation from Presight Capital and returning investor Unbound, which led Syfe’s seed funding last year. Syfe serves customers based in 23 countries, but currently only actively markets it services in Singapore, where it is licensed under the Monetary Authority of Singapore. Part of its new funding will be used to expand into new Asian countries. The startup...