StashAway raises US$12m led by Eight Roads Ventures

Funds will help its regional expansion, speed up product development efforts and improve startup's offerings with a view to expanding high net worth client base

Singapore

STASHAWAY, a robo-advisor that serves both retail and accredited investors, has raised US$12 million through a Series B round led by Eight Roads Ventures, the proprietary investment arm of Fidelity International.

Other backers include Asia Capital & Advisors, a