Singapore Life gets $50m of series A insurance

Apr 28, 2017 • Robert Lavine

The stealth-mode life insurance startup has received series A funding from investors including Credit China Fintech Holdings' Impact Capital Holdings subsidiary.

Singapore-based life insurance and financial services startup Singapore Life has raised $50m in series A funding from investors including financial technology provider Credit China Fintech Holdings (CCFH), Tech in Asia reported yesterday.

CCFH subsidiary Impact Capital Holdings paid $21.4m for a 33.8% stake in the company, according to a regulatory filing. UK-headquartered, trading group-operated holding company IPGL also participated.

Singapore Life is still in stealth mode but according to the filing it was founded in 2014 to “provide state-of-the-art, long-term life…

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