, Singapore

Fintech startup GoBear's two co-founders to step down

This follows the resignation of former CEO Andre Hesselink in 2018.

Financial comparison platform GoBear has revealed that two of its founders CTO Ivonne Bojoh and CCO Marnix Zwart will leave the startup by the end of the year.

"We can confirm that GoBear has recently made personnel changes within the organisation. Such decisions are never taken lightly, but are not uncommon for a growth stage company in a rapidly changing marketplace,” a spokesperson for the firm said.

“GoBear is continuing to focus on long-term growth in Asia Pacific, following successful funding rounds."

In July 2018, one of its founders, Andre Hesselink, resigned as CEO of GoBear and was succeeded by Adrian Chng. Hesselink is currently the Special Adviser to the startup and to its shareholders Dutch venture capital fund Walvis Participaties and financial services provider Aegon N.V.

Their most recent funding round was last May, when they secured about $108.96m (US$80m) from Walvis and Aegon N.V.

Founded in 2015, GoBear is a platform that compares insurance plans, credit cards, loans and banking products for its users. 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.