Marshmallow, British insurance companies earned $ 90 million for $ 90 million for migrant workers


The UK begins Marshmallow Use innovation in Data Science to build car insurance policies to protect the transacted policies and transportation. The years went through the years. At the moment, Marshmallow has expanded $ 90 million to expand $ 90 million at a rate of $ 500 million.

Marshmallow plans to use funds to move to bank financial services. Is growing.

“We think of migration as a huge opportunity.

In the view of Marshmallow, the integration can drive your own insured vehicles and take out the purchase and extracting loans and loans soon.

Marshmallow plans to build its first loan product later this year, Kent-Braham is to build a “One-Stop shop” to build a “One-Stop shop” to build a “one-stop shop” to build a “one-stop shop” to build a “one-stop shop” to build a “One-Stop shop” to set up a “one-stop shop” to build “one-stop shop”

According to Kent-Braham, this environment is 50-50 between 50-50 between equality and debt. Marshmallow funded funds for $ 1.25 billion to keep it in the context 2021.

At that time, there was a lot of progress in front of the business. In 2021 Marshmallow insured only 100,000 people. Now, a 1 million insurance number in London's cities is blested to miss a difficult pink outdoor ad campaign.

Portage Capital is leading to top of Blackrock and Colombia pool partners. Previous company's backers of the previous company include investment capital, investment and scores. Marshmallow has increased from $ 220 million to this day.

Especially the environment has been in the habit of at least JanuaryKent-Brahham noted that a part of the share is a change in up to 2023.

Marshmallow's funding is in a complex moment for insurers in Europe.

On the other hand, there is a bad story of Wefox.

WEFOX of WeFOX, backed up with WEFOX, backed with SOFTBank, Omersforce and Diszens Disuzens $ 4.5 billion In 2023. Two years later, two years later, WEFOX fell in difficult times after the loss of complications for many years in the brokerage and brokers based economy. Was the company Selling off parts of its business And picking up Life-saving fund Into Stay.

But InsurTech startup is more. There are also the bright symptoms of building sustainable business. In addition, those who can demonstrate a strong technology focus from the investors.

Last week Omit – A new start of Poland has been collecting a major strategic investor, which invests more than $ 200 million and $ 10 million. It was drinking after drinking in Ominimo's first time. Startup starts with car insurance and reviews actuarial formuulas and use AI. Using AI is to intervene in order to give up the risks.

Data Science and AIs are rapidly for insurance startups, but not as Marshmallow and its larger competitors. Have other details.

Marshmallow is approaching its target customer base.

Kent-Braham co-founded London-based Marshmallow with his same Alexander and the Dad Q. Goat. Twins really look at very much the same. “You will really be able to talk to Alexander!” When it is said for this story, the Oliver is joke. But more. Seriously, Startup is a difficult rare in another way.

It seems that only two “rhino” originated from the black founder in the UK. The figures are not very encouraging to the UK outside the UK. One 2024 study The UK and the United States have only 3% of the values ​​of over $ 1 billion.

Diversity in the United States, Marshmallow's investors are especially accustomed to see the strength of the Marshmallow when the system is abolished. For Of its divergent leadership.

“This is a very strong founder team,” Devon Kirk, GP and Portital Solutions of GP and Portital Solutions. “We think that bank services have come up with innovative solutions to the benefits of different views and leaders and the benefits of leaders.



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