SUBSCRIBERS
Singapore Life gets US$20m investment from listed US insurer
Published Mon, Dec 31, 2018 · 09:50 PM
Singapore
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.
Copyright SPH Media. All rights reserved.