Endowus has raised S$35 million led by Prosus Ventures and Singapore’s EDBI, to bankroll an expansion in Asia’s two regional financial hubs.
Fund Smart is now the lowest cost fund platform for Singapore-based investors to access over 100 best-in-class unit trusts
Sin Ting, Chief Client Officer of Endowus, shares with The Business Times how the fear of loss may cripple even the most experienced of investors.
The innovative hybrid fund platform combines the best of digital financial advisory services and an open fund platform - at lowered fees.
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Kickbacks embedded in the cost of funds that users unknowingly pay for, eat into their returns over time. Contributed by Gregory Van, CEO Endowus.
Endowus offers access to "superior" investment products, personalised advice, and lower costs on a digital investment platform for all investors
According to Endowus, as a global wealth manager, UBS will be its strategic partner while Samsung and Singtel Innov8 can help extend its reach with the former’s mobile technology expertise.
Digital wealth platform Endowus has secured three "strategic investors", including financial services group UBS, in a further affirmation of its business model.
The Singapore-based platform has secured new strategic investors in heavyweights UBS, Samsung and Singtel Innov8, to fund its expansion in Singapore and Hong Kong.
Wealth platform Endowus has secured investments from UBS Group AG, Samsung Ventures and Singtel Innov8 to fuel expansion in Singapore and Hong Kong.
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