Endowus, a digital wealth platform based in Singapore, has raised US$35 million in its latest funding round.

New investors include Citi Ventures and MUFG Innovation Partners, as well as four of Asia’s wealthiest families with businesses spanning banking to real estate across Southeast Asia and Greater China.

Existing investors that have participated in this round include UBS Next, Singapore’s EDBI, Prosus Ventures owned by Naspers, Lightspeed Venture Partners, Singtel Innov8, and Endowus employees.

The successful fundraise comes amid a global slowdown in fintech funding. Endowus has continued to experience accelerated growth with assets now crossing US$5 billion. Last year, the firm delivered revenue growth of 80% organically, while tripling its group revenue as it completed the acquisition of Asia multi-family office Carret Private.

Endowus is the only digital wealth platform to serve both private wealth and public pension as the first digital adviser for Singapore’s Central Provident Fund Investment Scheme (CPF-IS), with pension assets under management having crossed S$1 billion (US$742 million). This year the firm launched its services in Hong Kong.

“We are ready to embark on the next stage of growth targeting exciting new opportunities that will propel Endowus into the dominant position in the digital wealth space across Asia,” says co-founder and chairman Samuel Rhee.