Singapore-based wealth management platform Syfe has raised $53 million in a funding round led by two UK-based family offices.
The total funds raised by Syfe in this round amount to $80 million after an initial $27 million raised earlier.
The startup plans to expand its tech team in India and has already increased its headcount by nearly 15% in Gurugram over the last year.
Syfe aims to use the raised funds to hire more talent for its technology center in Gurugram and continues to grow its presence in Singapore, Hong Kong, and Australia.