Mobile insurance provider in emerging markets
Tags: Insurance, health care, payments, accounts receivable, accounting Here are the deals from 18 July through 24 July 2015, ranked by size:īundled care and payment programs for health insurers The second biggest round was also in the insurance arena, as Sweden’s BIMA (aka Milvik) raised $38 million for its micro-insurance products in emerging markets. While not a pure fintech play, we included it here because its primary customers are the big insurers, including the U.S. The biggest equity round ($50 million) went to Remedy Partners, a Connecticut-based health tech company. But the more widely tracked equity total was still a sizable $204 million across 20 companies including three Finovate alums: Apprenda which raised an impressive $24 million DealStruck with $10 million to fuel its small-biz lending and Revolut bringing in $2.3 million for its mobile P2P payment service. Counting the $250 million in new debt to alt-small-biz lender LiftForward, the weekly total was $454 million. While the week got off to a slow start, the money arrived in buckets the past 48 hours.
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