Syfe bids $55m to acquire Australia’s Selfwealth

The deal will also provide Selfwealth customers with access to Syfe’s broader range of investment products and tech-driven solutions.

Singapore-based Syfe made a $55.07m (A$65m) bid to acquire ASX-listed Selfwealth, one of Australia’s largest digital investing platforms.

Under the proposed deal, Selfwealth will continue operations, benefiting from Syfe’s advanced technology, expertise, and scale to enhance its platform and user experience.

The acquisition aims to expand Syfe’s Australian footprint and reinforce its leadership position in Asia-Pacific’s wealthtech industry.

The deal will also provide Selfwealth customers access to Syfe’s broader range of investment products and tech-driven solutions, ensuring a seamless transition while unlocking new opportunities for growth.

1 A$ = $0.84

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