The wave of Asian Insurance comparison is a nice example how copying European and US models in Asia and tailored to the asian markets local needs can be lucrative.
GoBear, a Singaporean fintech company providing insurance and financial comparison services throughout Asia, has announced the addition of personal loans into its offerings as well as plans to further expand in the region, now eyeing Hong Kong, Vietnam and the Philippines. Personal loans comparison is currently available in Singapore and Malaysia, but the company said it will soon launch the new offering in Thailand as well. “Personal loans are very much in demand across Southeast Asia,” Andre Hesselink, CEO of GoBear, said in a statement. “With the simplicity and transparency of GoBear’s metasearch engine, all Singapore banks on board and a sleek user interface, choosing a Personal Loan is a quick and uncomplicated process.”