Argentina Fintech Ualá Raises $300 Million in Round Led by Allianz X November 13, 2024 By Carolina Millan and Katie Roof Argentine fintech company Ualá has raised $300 million from investors at a valuation of $2.75 billion, the latest funding haul...
Allianz Grows Wealth Bet With Stake in $68 Billion Money Manager AlTi February 23, 2024 By Ben Stupples and Stephan Kahl Allianz SE is making a strategic investment in money manager AlTi Global Inc. in an expansion of the insurance giant’s...
Allianz’s Digital Investments Arm Acquires German Insurtech simplesurance September 30, 2022 Allianz X, the digital investments arm of Allianz Group, will acquire 100% of the shares in Berlin-based simplesurance. Allianz X...
Allianz Commits $75M to Hong Kong Fintech WeLab, While Forming Partnership March 9, 2021 Allianz’s technology investment arm is committing $75 million to WeLab, a Hong Kong-based fintech focused on virtual banking, consumer financing...
Quantemplate, Insurtech Provider of Cloud-Based Data Services, Raises $12M November 1, 2019 Quantemplate, the provider of self-service, cloud-based automated data services for the re/insurance industry, raised more than $12 million in its...
Motorbike Taxi Firms to Offer E-payment, Insurance Services in West Africa June 12, 2019 By Alexis Akwagyiram Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi...
Allianz Invests in Canadian Robo Adviser Wealthsimple, Leading $75M Funding Round May 23, 2019 By Sandrine Rastello Wealthsimple, the Canadian robo adviser company controlled by Power Financial Corp., is gaining another behemoth shareholder as it slowly gears...
Allianz Targets Tech, Insurance Investments with $1.1B Venture Capital Fund February 20, 2019 By Giles Turner European insurer Allianz SE is increasing the size of its tech investment fund to 1 billion euros ($1.1 billion), making...
Microinsurer BIMA Aims to Close Developing Nations’ Protection Gap with Life & Health Cover January 19, 2018 By L.S. Howard The insurance protection gap in developing nations is being filled by a growing group of microinsurers, which provide coverage that...
Allianz Invests $96.6M in Digital Microinsurer BIMA December 21, 2017 Allianz X, the digital investment unit of the Allianz Group, announced a $96.6 million investment in BIMA, the digital microinsurer....