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    Singlife Philippines

    A better way to financial independence

    Founded
    2020
    Headquarters
    Taguig City
    Stage
    Private
    Total raised
    ₱600M
    From recorded rounds
    Licences
    1
    IC

    Overview

    Singlife Philippines is a mobile-first digital life insurer offering affordable, on-demand protection and investment products bought and managed via smartphone. Products span life, accident, health, investment-linked and funeral cover, distributed through the Singlife Plan & Protect app, GInsure on GCash, and the UNO Digital Bank app. It reported nearly one million policies in force by 2024 and grew its customer base 23% in 2025. A greenfield insurer launched in 2020 (no legacy-insurer lineage), it is a subsidiary of Singapore Life Holdings (Singlife), itself wholly owned by Japan's Sumitomo Life since 2024.

    Products

    • Singlife Plan & Protect app
    • GInsure (on GCash)
    • Cash for Goals
    • Singlife Income Multiplier

    Serves

    IndividualsFamilies

    Funding and ownership

    Total raised

    ₱600M

    Sum of recorded funding rounds

    Stage

    Private

    Parent organisation: Singapore Life Holdings (Singlife); Sumitomo Life (Japan)

    Figures are calculated from the funding rounds recorded for this company.

    People

    • Lester CruzCEO
    • Rex Maria A. MendozaChairman

    Licences and certifications

    Awards and recognition

    • Asian Banking & Finance Fintech Awards 2025 (Mobile App, New FinTech Product, Customer Experience)
    • Digital CX Awards 2024 (The Digital Banker)

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