Singapore wealth advisor WeInvest raises $12.3m in Series A from Schroders, others

Bhaskar Prabhakara, Co-founder and CEO, WeInvest

Singapore-based robo-advisory firm WeInvest has raised a total of S$16.5 million ($12.3 million) in a Series A Funding backed by global investment manager Schroders plc and a number of angel investors from the wealth and banking industry.

WeInvest said, Schroders acquired a minority equity stake in the company as part of its Series A funding round. The digital advisory firm, however, did not disclose how much Schroders invested in the company.

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