Singaporean investment app Syfe pulls in $27M to hasten growth in Asia Pacific

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TechCrunch 13h ago

Singaporean investment app Syfe pulls in $27M to hasten growth in Asia Pacific - TechCrunch

Quick Summary:

The Asia Pacific region has long been an important market for wealth management firms with the plethora of developing economies and a burgeoning retail investment market.

But there’s still a huge market to capture: About 40% to 45% of personal financial assets in the region are held in cash and deposits as of 2023, according to a report by McKinsey.

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