Syfe to acquire Aussie investment platform Selfwealth

Selfwealth will delist from the ASX and begin privately trading as Selfwealth by Syfe.

Singapore-based trade and investment platform Syfe is set to acquire Selfwealth, an Australian digital investment platform.

Syfe will pay all-cash A$65m for the acquisition. It is expected to be completed on 7 May 2025.

The acquisition of Selfwealth will reportedly provide Syfe with an established brand and platform in the Australian investment market, as well as what it said is a “large, committed, and high-quality Australian customer base.”

Selfwealth will be delisted from the ASX to begin privately trading as Selfwealth by Syfe, with operations continuing to be headquartered in Melbourne.

Group Chief Operating Officer and Head of International Operations, Samantha Horton, will lead the integration on behalf of Syfe.

Australia has a significant ‘mass affluent’ population, according to Syfe, with nearly 12 million Australians having investable wealth over US$100,000.

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