GoBear acquires Singapore fintech startup AsiaKredit

Financial marketplace GoBear today announced that it has acquired the Singapore-based AsiaKredit, an end-to-end digital consumer lender.

The deal is in line with GoBear’s plans to expand its regional reach and drive growth through digital lending, according to a statement. It follows the company’s US$80 million raise from venture capital firm Walvis Participaties and financial services provider Aegon in May last year.