COMPAREASIAGROUP, parent company of financial comparison site SingSaver, has raised US$20 million in its first close of Series B1 investment led by information services firm Experian.

The funding round includes a partnership that will allow CompareAsiaGroup access to Experian's technology.

The financial management platform for banking and insurance products and services will be able to use Experian's cloud native platform to access Experian's digital onboarding platform, decision management and eligibility scoring services.