Singapore's bolttech, valued at $2.1 billion, raises over $100 million


FILE PHOTO: View of the central business district in Singapore January 27, 2023. REUTERS/Caroline Chia/File Photo

SINGAPORE (Reuters) - Singapore-headquartered insurance technology firm bolttech has raised more than $100 million in its latest funding round, led by Dragon Fund of Mitsubishi UFJ Financial Group and fintech direct lender Liquidity Group, it said on Friday.

The Series C funding round valued the company at $2.1 billion and the investment will be used for further global growth strategy, bolttech said in the statement.

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