PolicyPal

Singapore, Singapore Founded: 2016 • Age: 10 yrs Acquired By AMTD Group
Mobile first insurance distribution platform
Annual revenue $89,158 Latest available
Total funding - 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About PolicyPal

PolicyPal is a company based in Singapore (Singapore) founded in 2016 was acquired by AMTD Group in March 2020. PolicyPal has completed 1 acquisition, including ValueChampion. PolicyPal operates in a competitive market with competitors including GoBear, Insurance Market, MoneyLine, Insurance Guru and InsureGuru, among others.

  • Headquarter Singapore, Singapore
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Policypal Pte. Ltd.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $89.16 K (USD)
    7
    as on Dec 31, 2018
  • Net Profit
    -$805.92 K (USD)
    -75
    as on Dec 31, 2018
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    AMTD Group

    & 3 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    AMTD Group

    (Mar 17, 2020)

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Funding Insights of PolicyPal

Investors in PolicyPal

PolicyPal has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include AMTD Group, AMTD ASEAN-Solidarity Fund and 500 Global.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Seed-stage investments are targeted globally by this venture capital firm.
Locked Locked Locked
Tech focused global accelerator firm
Locked Locked Locked
Investment banking and VC fund
Locked Locked Locked
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Investor details for PolicyPal

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by PolicyPal

PolicyPal has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ValueChampion.

Investments
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Investment portfolio details for PolicyPal

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Financial analysis services are provided for consumer and business needs.
Locked Locked 2015 Locked
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Complete acquisition details for PolicyPal

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - PolicyPal

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Detailed financials for PolicyPal

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Policypal Comparisons

PolicyPal Primary company
Description
Mobile first insurance distribution platform
Location
Singapore, Singapore
Founded Year
2016
Annual Revenue
$89.16 K (USD)
Net Profit
-$805.92 K (USD)
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for PolicyPal

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of PolicyPal

PolicyPal 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 GoBear, Insurance Market, MoneyLine, Insurance Guru and InsureGuru, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Financial products including credit cards and loans are compared online.
Locked Locked Locked
Insurance policies are compared and purchased online by users.
Locked Locked Locked
Personal finance products are compared on an online Singapore platform.
Locked Locked Locked
Functions as an online platform for insurance quotations.
Locked Locked Locked
An online platform for comparing insurance options for individuals.
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Detailed competitors of PolicyPal

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Policypal

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Complete news archive for PolicyPal

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about PolicyPal

PolicyPal was founded in 2016.

PolicyPal is headquartered in Singapore, Singapore.

Annual revenue of PolicyPal is $89.16K as on Dec 31, 2018.

PolicyPal provides a mobile application to purchase and manage the different insurance to the users. The user can take the photo of the existing policy and upload it to the application. PolicyPal analyzes the current plan and provides recommendation through the chatbot about the optimal insurance plans. PolicyPal has partnered with Aviva and AXA for insurance distribution.

PolicyPal's top competitors include GoBear, Insurance Market and MoneyLine.

PolicyPal has made 1 acquisition, including ValueChampion.

PolicyPal has 4 investors. Key investors include AMTD Group, AMTD ASEAN-Solidarity Fund, 500 Global, and Startupbootcamp.

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