The Venture Codex

Participated · Equity · Nov 2021

Endowus operates a fee-only digital advisory and wealth management platform that provides clients with institutional-class funds, alternative investments, and pension solutions. The company emphasises conflict-free advice and transparent pricing, positioning itself as the first and only digital advisor for pensions in Singapore. Its client assets under management and advice have now surpassed $10 billion, helped by rapid growth in the high-net-worth segment and a threefold increase in alternatives AUM to more than $500 million. In Hong Kong, client numbers have expanded by over 150 % while assets have tripled year-on-year. Endowus reports generating more than $1 billion in net investment gains for its customers, underscoring strong investment performance. With a dual-market footprint, the firm plans to deepen technology capabilities—including AI deployment—launch new retirement and pension products, and broaden its offering to financial advisers and external asset managers. The latest funding brings total capital raised to more than $130 million, strengthening its balance sheet for continued regional expansion.