Endowus said that it will use the additional resources and support from its VC partners for its expansion plans in Asia.

Experts expect to see tremendous growth in Singapore's wealthtech and roboadvisory sector in the coming years.

Singapore-based Endowus offers retail, accredited, and institutional investors a platform to invest cash, CPF and SRS.

New funds will be used to scale up the Singapore business and expand into other key Asian markets, such as Hong Kong.

Endowus raises $23 mil to fund regional expansion starting with Hong Kong

This is the first external fund-raising for Endowus, which until now has been 100-per-cent owned and funded by its employees.

Digital wealth adviser Endowus is the first to launch multi-asset portfolio offerings with an eye on environmental, social and governance (ESG) metrics for retail investors.

人们的投资活动与真正适合他们目标的投资组合之间存在巨大差距。中央公积金尤其如此，缺乏好的投资选择。

The portfolios are comprised of funds managed by JP Morgan AM, Natixis IM’s Mirova, Pimco, Schroders and UOB Asset Management-Robeco.

Survey findings show there are common themes that explain investors’ hesitation to fully embrace ESG funds.

Endowus’ ESG offering comes on the back of Singapore’s launch of a concerted national drive towards a more sustainable future.

Endowus has launched Asia’s first digital multi-asset Environmental, Social and Governance (ESG) portfolios for retail investors to gain access to better sustainable investing options.