The Aegon-backed loan and insurance comparison platform will shut down after raising $97m in the past two years.
Singapore-based loan and insurance comparison platform GoBear has announced it will cease operations and shut down after facing difficulties in raising new funding.
The company said the covid-19 pandemic had created a challenging operating environment and thus it could not secure new funding from investors, according to a statement published on professional networking platform Linkedin.
Founded in 2015, GoBear has built a metasearch engine platform listing more than 2,000 products offered by banks and insurance companies across Southeast Asia.
The…
