Tag: Singapore

The AMTD Singapore Solidarity Fund has completed the first five FinTech investments of its new S$50m ($36.7m) fund.

Axiata Digital, the digital service division of telecommunications conglomerate Axiata Group, has received $70m in funding to support the growth of its digital financial services.

AMTD Digital is reportedly set to acquire a controlling stake in PolicyPal, an InsurTech startup which helps consumers buy, manage and claim.

Uncharted, which is building a SaaS-based infrastructure and distribution platform for brokers and carriers, has bagged SGD $8m ($5.8m) in a Series A funding round.

NTUC Income has initiated a collaboration with JRNY to build an AI insurance agent.

Singapore-based Axinan has become the first southeast Asian InsurTech to receive a combined general and reinsurance license in Malaysia.

Japanese property and casualty insurance group Tokio Marine Holdings has partnered with Plug and Play’s InsurTech program in Singapore.

Life insurance company Singapore Life continues its recent deal flurry, securing a new $90m investment.

Gigacover, a Singaporean digital insurance platform for freelancers, has reportedly closed a seed funding round.

Life insurance company Singapore Life has acquired Yolopay, supporting its move into the prepaid card sector.