Tag: wefox
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?
German companies account for seven of the top ten FinTech investments...
N26, an online bank, saw the largest investment in the DACH region during 2021 with a $900m funding round led by Third Point Ventures...
InsurTech giants completed huge deals in 2021 as they continue to...
Insurance technology continues to reshape the industry with 74% of insurance companies seeing FinTech innovations as a challenge for their industry. As a result,...
Akur8 deploys its pricing technology into wefox Insurance via a new...
AI-powered insurance pricing software developer Akur8 has established a partnership with wefox Insurance to bolster its presence in Germany.