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March 29, 2023
Finance Technologies

GoBear lands $17m to accelerate transition into “full-fledged” financial service

GoBear, a Singapore-based insurance and banking marketplace, has landed $17 million in a funding round led by existing backers Walvis Participaties, a Dutch venture capital firm, and Aegon, a Netherlands-headquartered life insurance, pensions and asset management firm. The funding follows the fintech’s larger $80 million raise in May 2019 with the same investors, and marks GoBear’s fifth fundraise to date. Earlier this month, GoBear acquired local fintech AsiaKredit The fintech says it will use the fresh capital to accelerate its transition into “a full-fledged financial services platform” which is built on alternative data – i.e. data which draws from non-traditional sources.…
GoBear lands m to accelerate transition into “full-fledged” financial service

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