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Singapore Life gets US$20m investment from listed US insurer

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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.

    Singapore fintech

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