Singapore-based investment platform Syfe Group is expanding into Australia’s financial advice sector, and will use funds from an $US80 million capital raise to scale up its local Selfwealth division.
Syfe, which is backed by billionaire tech investor Peter Thiel’s Valar Ventures, acquired Selfwealth, an ASX-listed online trading platform, earlier this year for $63 million after beating out competition from Bell Financial.
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