Pineapple
Funding Insurtech

Pineapple, a South African Digital Insurance Broker, Raises $22m

Pineapple, the South African digital insurance provider, has announced the conclusion of a R400 million ($22 million) funding round. The

Root
Funding Insurtech Investment Venture Capital

South Africa’s Root Raises $1.5m to Accelerate Expansion Plans

Root Platform (Root), the low-code, API-first, end-to-end insurance technology platform provider, has announced that South Africa-based Invenfin, the venture and

ETAP
Insurtech Product Launch

ETAP Launches Takaful, a Digital Car Insurance Product For Wealth Reredistribution

ETAP, a Nigerian insurance technology company, has launched ETAP Takaful, a new ethical car insurance product that is based on

Naked
Funding Insurtech Investment Venture Capital

South African Insurance Startup, Naked Secures $17m to Expand Access to Insurance

Naked, a South African Insurance startup, has secured a $17 million equity investment led by International Finance Corporation (IFC) to

Turaco
Funding Insurtech Investment Venture Capital

Kenyan Insurtech, Turaco Gets $10m Series A Backing

Turaco, the Kenyan insurtech startup, has announced the close of a $10 million Series A equity round led by AfricInvest,

Lami Technologies
Funding Insurtech Investment Venture Capital

Lami Technologies Raises US$3.7mn Seed Extension 

Lami Technologies, a Kenyan insurtech startup, has raised a US$ 3.7m seed extension to expand its insurtech product across Africa.

mTek
Funding Insurtech Investment Venture Capital

mTek Secures $3m Funding For Digital Insurance Penetration From Finclusion Group

mTek, a Kenyan insurtech and digital insurance startup, has secured an additional $3 million (equity and debt) investment from the

AURA
Business Insurtech

AURA Partners With OUTsurance to Bolster Insurer’s Emergency Response Services

AURA, the South African on-demand armed and medical response platform, has partnered with OUTsurance to bolster the insurer’s emergency services.

ETAP
Funding Insurtech Investment Venture Capital

ETAP Raises $1.5m Pre-seed Funding to Drive Car Insurance Penetration in Africa

ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding

Acquisition Insurtech

Lami Acquires Kenya’s Bluewave Insurance Agency to Expand Access to Insurance Across Africa

Lami, Kenya’s insurance technology company, has acquired Bluewave Insurance Agency, a Kenyan-based insurtech startup that leverages mobile technology to reach