Street Talk

Singapore’s Syfe gets due diligence at Selfwealth; eyes on Bells

Sarah Thompson, Kanika Sood and Emma Rapaport

Feb 20, 2025 – 11.00am

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More than two weeks after Peter Thiel-backed investing platform Syfe lobbed a 28¢-per-share bid for Selfwealth, it has landed its first blow against rival bidder Bell Financial Group.

Dhruv Arora, a former UBS director, founded retail trading platform Syfe in 2019.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com