Singapore Life raises $50M to become a full stack life insurer

Life insurance startup Singapore Life announced it has picked up $50 million in a Series A round led by Hong Kong listed Credit China FinTech Holdings through its subsidiary, Impact Capital Holdings, as well as UK-based investment firm IPGL Limited. Either way, founder and CEO Walter de Oude said the company will use the fresh funding to support the future growth of the company, which as it stands, pretty much means ‘launch’. The company intends to offer universal life and term life insurance products; to name two.