Singapore Life gets US$20m investment from listed US insurer
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FINTECH Singapore Life has found a new investor in US insurer Aflac, which invested US$20 million for a minority equity stake, Singapore Life told The Business Times on Monday.
This brings the current valuation of Singapore Life - an online-only insurance firm - to more than US$200 million, said Walter de Oude, CEO of Singapore Life, in response to queries from BT. Singapore Life did not disclose the size of the minority stake.
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