Poni Financial Advisory, the international arm of Nasdaq-listed Huize Holding, has received approval from Singapore’s central bank to operate as a licensed financial adviser and exempt insurance broker, Dow Jones Newswires reported.
The Monetary Authority of Singapore granted the license effective 10 July 2025, expanding the reach of Huize’s insurtech brand, Poni Insurtech.
The move marks a key step in Huize’s push to diversify beyond China and Hong Kong.
Poni Insurtech, which already operates in Singapore, Hong Kong and Vietnam, is building a regional digital platform to distribute insurance and wealth products.
The company has signalled plans to extend its presence to Indonesia and the Philippines, although it has yet to set a timeline for those markets.
Huize executives said the license provides a foundation for scaling Poni Insurtech’s advisory and distribution capabilities across Southeast Asia.
Featured image: Edited by Fintech News Singapore, based on image by thanyakij-12 via Freepik
