What is Endowus?
Endowus is a MAS-licensed financial technology company based in Singapore, dedicated to providing retail, accredited, and institutional investors with access to investment opportunities, including those within the Central Provident Fund Supplementary Retirement Scheme. The company aims to democratize wealth management by offering a platform that simplifies investing and provides access to a diverse range of investment products. Endowus's focus on leveraging technology to enhance financial accessibility positions it as a key player in the evolving fintech landscape.
How much funding has Endowus raised?
Endowus has raised a total of $4.2B across 6 funding rounds:
Multiple Rounds
$4B
Other Financing Round
$35M
Other Financing Round
$17.5M
Unspecified
$70M
Series A (2021): $17.1M with participation from SoftBank Ventures Asia and Lightspeed Venture Partners
Grant (2021): $4B led by Delta Dental of Washington
Unspecified (2021): $27M supported by Z Holdings, SoftBank Ventures Asia, Prosus, Lightspeed Global Ventures, and EDBI
Other Financing Round (2023): $35M featuring Citigroup, MUFG, and Lightspeed Venture Partners
Other Financing Round (2024): $17.5M backed by UBS, Prosus, and OSK Ventures International Berhad
Unspecified (2025): $70M with participation from Prosus, Citi, and Illuminate Financial
Key Investors in Endowus
Prosus
Prosus is a global consumer internet group and a significant technology investor, focusing on building leading companies in sectors like online classifieds, food delivery, and fintech. Their investment in Endowus highlights a strategic interest in the fintech and digital wealth management space.
UBS
UBS is a global financial services firm offering wealth management, investment banking, and asset management. Their participation suggests a strategic alignment with Endowus's mission to broaden access to sophisticated investment solutions.
OSK Ventures International Berhad
OSK Ventures International Berhad is an investment firm specializing in venture capital and venture debt for Southeast Asian companies, with a focus on B2B and enterprise technology, including fintech. Their backing indicates confidence in Endowus's enterprise-level solutions.
What's next for Endowus?
With the recent infusion of major strategic capital, Endowus is poised for accelerated expansion and product development. The company's commitment to serving a broad investor base, from individual savers to larger institutions, suggests a strategic focus on scaling its operations across Singapore and potentially other markets in the region. Future initiatives are likely to involve enhancing its investment offerings, refining its technology platform, and strengthening its market presence to capture a larger share of the growing digital wealth management sector. The sustained backing from prominent investors signals a clear path towards further innovation and market leadership.
See full Endowus company page
