German insurtech Wefox secures $55m debt financing from Deutsche Bank and UniCredit
Wefox plans to boost its global expansion efforts, with a focus on mergers and acquisitions.
wefox
German insurtech Wefox secures additional $55m equity funding and $55m credit facility
The company raised the new funding at an unchanged valuation of $4.5 billion.
Digital insurer Wefox raises $400m Series D funding
Funds will be used for product development and expanding across Europe, Asia and the US.
Fintech funding deals globally 31 May – 6 June 2021
Featuring Wefox, Bought by Many, Chipper Cash, YieldStreet, and Kushki.
Digital insurer Wefox raises $650 million in Series C funding round
The funding round was four times over-subscribed and is a mix of new and existing investors.
Berlin-based insurtech Wefox raises $110m Series B extension
The CEO puts success down to its technical understanding of risk.
Wefox smashes it with $125m funding
Berlin-based insurtech looks towards Asia for expansion.
SBI and Wefox unleash new Asian insurtech
Shake-up planned as SBI Wefox Asia enters the insurance market.
SoftBank mulls stake in insurtech wefox
Bank’s Vision Fund on the prowl again.
US insurer Lemonade takes wefox to court for IP infringement
Lemonade says German firm copied its presentation and business model.
