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Wealth platform Endowus secures USD17.5m funding



Endowus, Asia’s digital wealth advisory platform, raised an additional USD17.5m, bringing its total funding to over USD110m. The latest funding round of USD52.5m includes new investors OSK Ventures, Asia Companion Fund (ACF), and JLIN LLC, founded by basketball player Jeremy Lin. Existing backers, including Prosus, UBS AG, and MUFG Innovation Partners, also participated. The funds will support Endowus’ expansion in Singapore and Hong Kong, leveraging AI to enhance client experiences and operational efficiency. With group assets exceeding USD7bn, Endowus continues to grow, offering comprehensive investment solutions across cash, pension, and private wealth. Its platform handles over SGD2bn in CPF and SRS assets, with 60% annual growth, reinforcing its leadership in Asia’s wealth management sector.


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