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Announced

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Singtel Innov8, Samsung Ventures and UBS completed an investment in Endowus.

Synopsis

Singtel Innov8, a corporate venture capital fund, Samsung Ventures, global investment arm of Samsung Group, and UBS, a Swiss multinational investment bank and financial services company, completed an investment in Endowus, a financial technology company. Financial terms were not disclosed. "We are thrilled to count UBS, Samsung and Singtel as our strategic investors, and are humbled by their recognition of Endowus as an innovator in WealthTech. Combining their expertise in wealth management, consumer technology, and digital infrastructure, we are confident in delivering on our promise to democratise wealth management through technology," Gregory Van, Endowus CEO.

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