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Endowus raises $27m in Series B funding

Singapore based digital wealth app raised $27m in Series B funding led by Prosus Ventures, EDBI and Z Holdings. 

“While we can reach profitability today by cutting back on some costs, we do not think it is the right strategy. More than anything we want more people to use Endowus digital wealth app to reach their financial goals,” Van said. “To that end, we will continue to pursue accelerated growth, with profitability to follow as the company scales rapidly.”

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wealth management