Source: Tech – South China Morning PostBowtie Life Insurance, the city’s first virtual insurer, on Friday said it raised US$70 million in its third funding round from existing shareholder Sun Life, its largest such effort since its establishment in 2018.
“The stock market rally in Hong Kong this year has improved market sentiment, paving the way for many start-ups and companies to raise funds in both private and public markets,” said Fred Ngan, Bowtie’s co-founder, in an interview on Friday.
The city’s Hang Seng Index benchmark is up…Read More