In today’s top payments news around the world, digital insurance firm wefox raised $650 million in financing, while freight forwarder sennder landed an additional $80 million. Plus, open banking platform Belvo notched $43 million. European Insurance Unicorn Wefox Notches $650 Million At $3 Billion Valuation...
Berlin-based digital insurance company wefox has landed $650 million in financing, giving the a firm a valuation of $3 billion, according to a Tuesday (June 1) press release. The company said it intends to invest the proceeds in expanding into the U.S. and Asia within...
May 17, 2023
Berlin-based InsurTech wefox has raised $110 million to further strengthen its insurance and distribution business. That total includes $55 million in a revolving credit facility from J.P. Morgan and Barclays, and $55 million in equity raised from existing and new investors as a second closing of the Series D, wefox said in a Wednesday (May 17) press release. […]
June 01, 2021
Berlin-based digital insurance company wefox has landed $650 million in financing, giving the a firm a valuation of $3 billion, according to a Tuesday (June 1) press release. The company...
