Syfe Raises $27M to Expand Wealth Management in Asia

Syfe's Growth in the Asia Pacific Wealth Management Market

The Asia Pacific region continues to be a crucial market for wealth management firms due to its developing economies and expanding retail investment landscape. Notably, about 40% to 45% of personal financial assets in the region are held in cash and deposits, as reported by McKinsey in 2023. This presents a substantial opportunity for firms looking to capture more of the market.