Bambu is a Singapore-based global provider of digital wealth technology that builds wealth management digital platforms enabling businesses to offer automated and technology-augmented investment services. Led by CEO and founder Ned Phillips, the company has developed products tailored for Private, Affluent and Retail market segments. Bambu operates as a scalable software-as-a-service platform aimed at B2B customers and counts clients in the USA, Europe, UAE and across Asia. The company has 70 employees across offices in Singapore, London, Hong Kong, and representatives in San Francisco and Johannesburg. It plans to use the Series B proceeds to pursue new opportunities, reach a wider B2B audience through SaaS solutions, expand its product offering to target new segments within financial services, and build delivery and support teams in key global markets. The company closed a US$10m Series B to support these initiatives. Bambu is a Singapore-based B2B robo-adviser platform provider founded in February 2016 by Ned Phillips and Aki Ranin. The company has developed a White Label robo-advisory solution that automates financial planning, saving and investing for consumers on desktop and mobile. Its platform launched in Singapore in November 2016 and Bambu works with financial institutions around the world. The company secured an undisclosed amount of funding and intends to use the proceeds to accelerate sales and business development while further strengthening R&D in Singapore. Investors in the round included Franklin Templeton Investments, Wavemaker Partners and Robby Hilkowitz. The article does not disclose the funding instrument or exact amount. Bambu is a Singapore-based fintech startup offering B2B robo-advisor products for savings, investments and private banking to financial firms, telco, internet and consumer brands. The company is led by founder and CEO Ned Phillips. Bambu raised US$400K in a seed funding round. Backers included Singapore-based angel investors and Tigerspike. The company said it will use the funds for recruitment, product development and to expand the business across several markets. The raise was reported on 29 August 2016.

Total raised

$10M

Funding rounds

3

Latest round

Series B

Latest activity

Jul 2019