WealthTech Endowus | Sam Rhee | DigFin VOX Ep. 65

WealthTech Endowus | Sam Rhee | DigFin VOX Ep. 65

Source Node: 2226341

Endowus is a Singapore-based wealthtech that has integrated public pension money into users’ financial strategy. It now has over $5 billion of assets under management, and recently closed a funding round of $35 million.

Co-founder and CEO Samuel Rhee speaks with Jame DiBiasio about the dynamics behind Endowus, including its connecting to public pension accounts as well as a separate drive to disrupt private banking.

Rhee discusses the company’s relationship with investors, future moves, and eventual exit strategy.

[embedded content]
  • Timecodes:
  • 0:00 – Sam Rhee, Endowus
  • 2:10 – His experience in traditional asset management
  • 5:32 – Fintech versus traditional asset and wealth managers, disrupting the status quo
  • 9:45 – What it means to integrate government pension accounts into a wealth solution
  • 14:31 – The unique, competitive drivers in the business
  • 15:56 – Size of Endowus’s business
  • 20:08 – Going for growth over profitability in today’s environment
  • 22:24 – Relations with VCs and sticking to the business model
  • 24:38 – Maintaining valuations in a challenging macro situation
  • 26:51 – Working with family offices and developing product for the rich
  • 30:33 – Disrupting private banking, opportunities and limits
  • 24:38: Exit strategy

Time Stamp:

More from DigFin