Tag: wefox

wefox raises $110m to enhance insurance distribution and tech platform

Berlin-based InsurTech firm, wefox, has successfully completed a funding round that has solidified its position as a leading force in the insurance technology industry.

German FinTech investment on track to fall 73% in 2023 after...

German FinTech investment stats in Q1 2023: • German companies raised a combined $293m in Q1 2023, a 60% drop from the same period last...

Large deals over $100m account for 23% of total FinTech investment...

German FinTech investment stats in 2022: • German FinTech investment reached $4.3bn in 2022, a 47% drop from 2021 • FinTech deal activity in Germany dropped...

European FinTech deal activity in February drops 60% YoY

Key European FinTech investment stats in February 2023: • 82 European FinTech companies raised funding in February 2023, a 60% drop from the previous year •...

Disappointing Q3 puts German FinTech deal activity on track to drop...

• German FinTech companies announced 43 deals in Q3 2022, projecting their total deals for 2022 to reach 249. Germany’s FinTech deal activity in...

Berlin-based InsurTech giant wefox names CMO

Berlin-based InsurTech giant wefox has appointed Laura Eschricht as its new chief marketing officer.

Insurance customer experience “sucks”, says wefox

Berlin-based InsurTech wefox has published a report revealing a widespread dissatisfaction and lack of trust in the global insurance industry.

Klarna stars as the largest FinTech deal in July 2022

• Klarna, a buy now pay later (BNPL) platform, was the largest FinTech deal in July 2022 raising $800m in its latest venture round...

German InsurTech wefox hits $4.5bn valuation after Series D close

Berlin-based InsurTech company wefox has closed its Series D funding round on $400m, bringing its valuation to $4.5bn.

What were the biggest deals in InsurTech in 2021?

2021 was another year of growth for the InsurTech industry, with funding setting an annual record of $9.1bn only nine months into the year. But what were the biggest deals?

120,000+ FinTech leaders get exclusive industry stories delivered every week