KFin Technologies invests $35m in Singapore subsidiary for global expansion

KFin Technologies has invested $35,000,000 in its wholly owned subsidiary, KFin Technologies (Singapore) Pte. Ltd, on October 8, 2025. This investment follows prior intimations regarding the allotment of a Unique Identification Number by the Reserve Bank of India for this transaction.

The investment will enable the Singapore subsidiary to acquire a 51% controlling stake in Ascent Fund Services (Singapore) Pte. Ltd. This strategic move aims to expand the company's offerings, with the Singapore subsidiary engaging in global fund administration, corporate solutions, and other financial technology services for international investment managers through Ascent Fund and its global subsidiaries.