Insurtech
Singapore’s bolttech, valued at US$2.1 billion, raises over US$100 million
SINGAPORE-HEADQUARTERED insurance technology company bolttech has raised more than US$100 million in its latest funding round, led by Dragon Fund of Mitsubishi UFJ Financial Group and fintech direct l...
V2Y calls for trading halt after volume spike
The insuretech company requested a trading halt at 12.44 pm, pending the release of an announcement.
12 lawsuits and a liquidation later, legal brawls continue for Hearti Lab’s founder
AT 3pm on Jan 28, 2022, stony-faced creditors of Singapore-based Hearti Lab dialled into a Zoom call with its founder Keith Lim and liquidators and learnt about the insurtech company’s winding-up plan...
Insurtech Igloo bags US$36 million pre-Series C funding
INSURTECH startup Igloo has raised US$36 million in a pre-Series C funding round with asset manager Eurazeo’s insurtech fund leading the round.
Singapore’s insurtech unicorn Bolttech weighs US$300 million US IPO
BOLTTECH, a Singapore-based insurance technology firm, is considering a US initial public offering that could raise as much as US$300 million, according to people with knowledge of the matter.
Insurtech startup Bolttech raises US$196 million in Series B round
INSURANCE technology (insurtech) startup Bolttech bagged US$196 million for its Series B funding round, raising its valuation to US$1.6 billion from US$1.5 billion in its first Series B close.
AIA’s Amplify Health acquires AI startup AiDA, plans hiring spree
AMPLIFY Health, an healthtech set up by AIA, has fully acquired artificial intelligence (AI) startup AiDA Technologies as it looks to expand its team by hundreds of staff by the end of 2023.
Silverlake Axis eyes potential in insurtech space
THE influx of non-traditional digital banks in recent years may have spurred some excitement in the financial services ecosystem, but at least one banking solutions provider is not jumping on the band...
Insurtech startup Igloo raises further US$27m funding; looking at M&A
IGLOO, a Singapore-based insurtech startup, has raised an additional US$27 million in Series B funding, in an extension to the US$19 million round earlier in March.
Tokio Marine leads Series B round of insurtech startup bolttech with US$50m investment
JAPANESE insurance company Tokio Marine has invested US$50 million in Series B funding for bolttech, one of its largest investments made in an insurtech startup to date.