Wealthtech platform Syfe raises $27 million from Peter Thiel’s Valar Ventures, others

Singapore-based investment platform Syfe has raised $27 million in equity funding from existing investors including Peter Thiel’s Valar Ventures and London-based investment firm Unbound, and two UK-based family offices.

While the startup is licensed and operational in Singapore, Hong Kong and Australia, and has customers from over 60 countries, its technology centre is in India and the fresh funds will be used to accelerate its engineering and product teams here. The company plans to roll out new products and innovations in new markets, Syfe said in a statement.