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Singapore fintech GoBear raises $17m fresh investment

Funding to speed up digital insurance brokerage and lending

Singapore headquartered fintech GoBear also has a presence in Indonesia, Malaysia, the Philippines, Thailand, Vietnam and Hong Kong.   © Reuters

JAKARTA -- Singapore-headquartered fintech GoBear has raised $17 million in a new funding round from Dutch venture capital firm Walvis Participaties and life insurance and asset management company Aegon N.V., it announced on May 27.

The company will use the fresh capital to speed up its transformation into a comprehensive financial service platform across three areas -- an online financial supermarket, digital insurance brokerage and digital lending.

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