Endowus Funding Round 2025 Backed by Asian Family Offices Raises USD70m

Endowus funding round 2025 has drawn significant backing from Asian family offices as the Hong Kong- and Singapore-based wealth platform secured HKD540m (USD70m) in new financing. The round, led by UK-based Illuminate Financial, also included Citi Ventures, Prosus Ventures, and regional family offices. Endowus Group — which spans licensed entities in Hong Kong and Singapore and includes multi-family office Carret Private — raised HKD155m of new capital and converted existing notes, bringing total funding to more than HKD1bn (USD130m). Client assets have climbed to HKD78bn, with proceeds funding expansion and new wealth and retirement solutions. Hong Kong remains a bright spot, with clients up 150% and alternative investments tripling to HKD3.9bn.