Singapore-based digital wealth platform Syfe said Tuesday that assets under management have surpassed S$20 billion ($15 billion), as the company expands its brokerage, managed investment and cash-management products across Asia Pacific.
The milestone follows a 2025 in which Syfe said it reached group profitability, raised S$100 million in a Series C round and completed its acquisition of ASX-listed Selfwealth in Australia.
Syfe said more than 400,000 people across the region now use its platform. The company operates in Singapore and Hong Kong, as well as Australia through Selfwealth by Syfe.
Brokerage changes accompany AUM growth
Alongside the AUM update, Syfe said its brokerage business will introduce a stock-lending feature called Lend & Earn over the coming weeks. The service will allow eligible investors to lend shares they already hold and earn income during the loan period, while retaining the ability to sell or recall the securities.
The company also said it removed commission and platform fees on US trades from September 1, 2026. It does not charge custody fees on the platform. Trading on the Singapore Exchange and London Stock Exchange will remain subject to separate pricing, although Syfe said users can qualify for tiered fee rebates.
Syfe is also preparing a desktop web trading interface aimed at users who want more portfolio analytics, research and trading visibility than is practical on a mobile screen.
Founder and Chief Executive Officer Dhruv Arora said the AUM increase reflects both new customer acquisition and existing customers putting more assets on the platform over time.
Regional expansion follows 2025 funding
Syfe raised $80 million in a Series C round in June 2025 to support product development and regional expansion. The company later said it had reached group profitability during the year.
Its Australian footprint came through the acquisition of Selfwealth, giving the Singapore company an established brokerage business in a third market. Syfe said customers from more than 60 countries use its products and that it has raised more than $130 million in total funding.
The latest product changes come as digital wealth platforms in Asia compete on a mix of brokerage costs, cash yields, managed portfolios and increasingly sophisticated investment tools. For Syfe, the S$20 billion figure provides a measure of the assets it has accumulated across those businesses, while the new brokerage features are intended to increase the range of services available to existing customers.