mTek, an insurtech startup based in Kenya has raised $3 million from Finclusion Group in its new funding round to support its business expansion. * The fund will be invested in its growth, increased user base, and expansion to new African markets. * mTek is a tech-focused insurance services platform that allows
Read news and data about insurance technology companies in the world's largest emerging markets in Africa, Asia, Latin America, Eastern Europe, and the Middle East.
Pazcare, an insurtech and employee healthcare benefits firm based in India has raised $8 million in its Series A funding round led by JAS Fund. * Founded 12 months ago, Pazcare lets employers (startups and SMEs) buy group health and term insurance policies for their employees. * The new investment round gives
Nice Deer, an Egypt-based insurance technology firm has raised $1 million in its pre-seed round led by Disrupt Ventures. * The funds will be used to scale its services in providing health insurance solutions for SMEs, such as health savings accounts. * As an arm of IT-fusion, a tech-led medical-focused service provider
CoverGo, [https://www.covergo.com/] an insurance technology firm based in Singapore has raised $15 million in its Series A funding round to expand into the international markets, partner with consulting firms and scale its sales and revenue. * The insurtech company said it 10xed its revenue since January 2021 by
The startup uses machine learning to build intelligent risk profiles that determine appropriate premiums for each driver, allowing them to achieve lower premiums by driving safely.
Digital insurance advice platform, @Ctrl_Advisor [https://twitter.com/ctrl_advisor], which provides an insurance marketplace that connects consumers, brokers and insurers, has secured a R34 million (~$2.3 million) Series B investment from South Africa's Naspers Ventures.
South African fintech startup, Pineapple has raised R80 million ($3.4 million) in Series A funding to expand further into the car insurance space.