About PAL Network
PAL Network is a company based in Singapore (Singapore) founded in 2017 by Chng Joo Tin and Val Jihsuan Yap.. PAL Network offers products and services including Mobile App and B2B API Integrations. PAL Network operates in a competitive market with competitors including Webfleet, Greater Than, InsurAce, Takadao and DirectAsia, among others.
- Headquarter Singapore, Singapore
- Founders Chng Joo Tin, Val Jihsuan Yap
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Phone
*********
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Website
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Social
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- Legal Name Pal Network Pte. Ltd
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Annual Revenue
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Net Profit
$-687.99 K (USD)0as on Dec 31, 2018
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EBITDA
$-687.89 K (USD)0as on Dec 31, 2018
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of PAL Network
PAL Network offers a comprehensive portfolio of products and services, including Mobile App and B2B API Integrations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for purchasing and managing insurance policies securely.
API for companies to offer personalized insurance services.
Funding Insights of PAL Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by PAL Network
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PAL Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pal Network Comparisons
Competitors of PAL Network
PAL Network operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Webfleet, Greater Than, InsurAce, Takadao and DirectAsia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provides cloud-based fleet management software solutions.
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| domain | founded_year | HQ Location |
Risk intelligence solutions are provided for road safety and climate impact.
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| domain | founded_year | HQ Location |
Decentralized protocol for insurance
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| domain | founded_year | HQ Location |
Blockchain-based mutual insurance and savings solutions are provided to communities.
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| domain | founded_year | HQ Location |
Automotive insurance services are offered via an online platform.
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| domain | founded_year | HQ Location |
Decentralized capital provider for parametric insurance risk
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pal Network
Frequently Asked Questions about PAL Network
When was PAL Network founded?
PAL Network was founded in 2017.
Where is PAL Network located?
PAL Network is headquartered in Singapore, Singapore.
Who is the current CEO of PAL Network?
Val Jihsuan Yap is the current CEO of PAL Network. They have also founded this company.
What does PAL Network do?
PAL Network was founded in 2017 in Singapore and operates in the insurtech sector. On-demand policies for flight cancellation, delay, earthquake risks, rainy-day rides, phone screen damage, and cancer treatment expenses are offered. The PAL Wallet app facilitates quoting, purchasing, and claiming processes. A partnership program supports insurers in product development and claim handling across the region.
Who are the top competitors of PAL Network?
PAL Network's top competitors include Greater Than, InsurAce and Takadao.
What products or services does PAL Network offer?
PAL Network offers Mobile App and B2B API Integrations.