Syfe’s $65 Million Takeover Set to Reshape Selfwealth’s Future

April 22, 2025 07:11 PM AEST | By Team Kalkine Media

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Syfe’s $65 Million Takeover Set to Reshape Selfwealth’s Future — Image source: Shutterstock

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Highlights

Selfwealth shareholders approve $65 million acquisition

Syfe to integrate Selfwealth into its trading ecosystem

ASX delisting set for May 7, pending court approva

In a major shift for Australia’s online investment landscape, shareholders of Selfwealth have approved a $65 million acquisition offer from Singapore-based investment firm Syfe. This marks a pivotal transition for the company, which is now set to delist from the Australian Securities Exchange (ASX) and operate under a new banner — Selfwealth by Syfe.

The deal, which values Selfwealth at 28 cents per share, was initially reported earlier this year. Syfe, already known in financial circles for its own trading platform, was granted in-depth due diligence by Selfwealth’s board before finalizing the proposal. The decisive shareholder vote signals strong backing for the strategic direction set by both companies.

Pending final court approval, Selfwealth will officially delist from the ASX on May 7. Once delisted, it will continue operations as part of Syfe’s broader platform, combining local expertise with Syfe’s digital-first investment approach.

This acquisition reflects a broader trend of consolidation within the fintech and wealth management sectors. It also showcases increasing interest from global players in Australia's growing base of retail investors. With Selfwealth’s established user base and platform capabilities, the move creates new possibilities for expanding services and streamlining investment options for clients.

Selfwealth (ASX:SWF) has long been one of the key names in Australia’s low-cost brokerage market, and the company’s transition under Syfe aims to further enhance the value proposition for users through technology-driven features and global connectivity.

On the other side, Syfe continues to expand its presence in the Asia-Pacific region, and the Selfwealth integration bolsters its strategic footprint in a mature and regulated market. The synergy between Selfwealth’s platform and Syfe’s regional ambitions is expected to produce innovation across the board.

While the delisting marks the end of a chapter for Selfwealth on the public markets, it opens a new pathway focused on scalability, product diversification, and digital transformation. Investors and platform users alike will be watching closely as the combined entity rolls out its next phase of evolution.

For those following developments in the fintech and digital wealth space, this merger underscores the importance of adaptive strategies and cross-border collaborations in delivering next-generation financial services.

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