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PolicyPal enters financial planning market through ValueChampion buy

Founded in 2019, ValueChampion has established itself as a trusted financial advisory firm, specializing in comprehensive product analysis and financial guidance for consumers. With a focus on assisting individuals in obtaining loans, credit cards, and insurance products, the company has rapidly expanded its presence in the Asian market. Currently operating in Singapore, Hong Kong, South Korea, and India, ValueChampion boasts a customer base of over 200,000 by the end of 2020.

The recent acquisition of ValueChampion by PolicyPal marks a strategic move for PolicyPal to diversify its services into the financial planning and management sector. PolicyPal, a prominent fintech firm, offers customers a convenient one-stop platform for all their insurance needs, including finding suitable coverage and managing policies. Acquired by AMTD Digital, the digital finance arm of AMTD Group, in March 2020 for a significant eight-figure sum, PolicyPal had previously secured seed funding through a round led by 500 Startups.

The collaboration between ValueChampion and PolicyPal following the acquisition will result in an enhanced range of financial planning and management services for their valued customers. Although ValueChampion will operate as a subsidiary of PolicyPal, both companies will maintain their respective websites and continue their individual operations. This ensures that ValueChampion's customers can continue to rely on the same level of excellence in financial advice and product analysis that they have come to expect and trust.

By combining their expertise and resources, ValueChampion and PolicyPal aim to deliver an elevated customer experience, offering comprehensive solutions for financial planning and management needs. This strategic partnership opens up new avenues for growth and positions the merged entity as a formidable force in the financial services industry, empowering individuals to make informed decisions and achieve their financial goals with confidence.

#BatchHighlights #FinancialServices #Insurtech


PolicyPal is part of our Insurtech Batch 0 program in Plug and Play.

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