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British tycoon buys controlling stake in fintech Singapore Life

This brings Michael Spencer's holdings in the online-only insurer to 63.2%; this investment values Singapore Life at US$156m

Singapore

FINTECH outfit Singapore Life has found a controlling shareholder in British tycoon Michael Spencer, who invested a further US$52.8 million into the Singapore-based, online-only insurer late this week, Singapore Life told The Business Times on Friday.

Mr Spencer, through

sentifi.com

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