An expansive move
- 500-backed insurtech startup PolicyPal has entered the financial planning market. It has acquired US-based, Asia-focused fintech firm ValueChampion for an undisclosed amount.
- ValueChampion provides financial advice and product analyses for those looking to obtain loans, credit cards, and insurance products. It claims to have over 200,000 consumers across Singapore, Hong Kong, South Korea, and India.
- Under the agreement, the firm will become a subsidiary of PolicyPal, but its websites will maintain their names and operations.
- Read the full story on Tech in Asia here. A subscription may be required.
A green partnership
- Brisbanites can now locate Neuron vehicles on their phones in real-time, thanks to an Australian partnership between 500-backed startup Neuron Mobility and Moovit, a mobility service provider and journey planner app.
- Under this agreement, Neuron’s e-scooters and e-bikes in Brisbane will be integrated into the app, offering commuters an additional mobility option alongside other public transportation services.
- A recent Neuron survey revealed 44% of all trips have replaced a car journey, eliminating an estimated 155 tonnes of CO2.
- Richard Hannah, Head of ANZ at Neuron said, “The partnership with Moovit will help people plan their journeys in a more environmentally-friendly and efficient way and we look forward to seeing how e-scooters and e-bikes can extend the range of those using public transport across Brisbane.”
- Get more details here.
Safety in numbers
- 500-backed digital health startup Prenetics was appointed as the exclusive RT-PCR COVID-19 testing partner for the Standard Chartered Hong Kong Marathon 2021 that took place last month.
- Prenetics conducted mandatory screenings of about 20,000 runners, officials, and volunteers.
- Approved by the Hong Kong and the United Kingdom governments, Prenetics has processed more than 6 million PCR laboratory tests globally to date.
- Read more on Yahoo! Finance here.
