PolicyPal

Acquired

Smart Insurance for Your Lifestyle

Singapore, Singapore · Founded 2016 · $20.0M raised

Headquarters
Singapore
Employees
11–50
Founded
2016
Business Model
B2C
Total Funding
$20.0M
Last Round
$20.0M Equity CrowdfundingMar 2018
Rounds
2
Acquired by
AMTD Digital Inc.Mar 2020

About

PolicyPal (now operating as AMTD PolicyPal Group) is a Singapore-based insurtech platform that digitizes the insurance and financial wellness experience for consumers in Southeast Asia. The platform enables users to compare insurance policies, manage their existing coverage portfolio, and purchase bite-sized insurance products — including travel, motor, term life, and pet insurance — through a mobile-first interface. PolicyPal incorporates gamified financial education to help users build financial literacy and make informed protection decisions. The company has expanded beyond consumer insurance to offer group benefits for SMEs and has become part of the AMTD Group financial services ecosystem.

Summary

PolicyPal is an Insurtech company based in Singapore, Singapore, founded in 2016. It has raised $20.0M in total across 2 rounds, most recently a $20.0M Equity Crowdfunding round in Mar 2018. Investors include AMTD Digital and 500 Global.

Tech & App Stack

2 technologies & apps tracked

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Funding History

AcquisitionMar 2020

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Investors

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