Tagged: allianz x

Allianz X and Insurance Firm Debeka Invest in Insurtech SDA SE Open Industry Solutions, an Open Platform for Developing Digital Ecosystems

Allianz X, the digital investment division of the Allianz Group (a German multinational financial services company), and insurance firm Debeka recently invested in Insurtech SDA SE Open Industry Solutions, an open platform for developing digital ecosystems. Allianz X and Debeka, along with current investors SIGNAL… Read More

Fundbox Raises $326 Million to Enhance Its B2B Payments And Credit Network, Also Secures $150 Million Credit Facility

Fundbox, a B2B payments and credit network developed to enhance B2B commerce at scale, announced on September 24 that it has raised $176 million in growth equity funding through its Series C investment round. According to a press release shared with Crowdfund Insider, the company… Read More

Online Investing Service Wealthsimple Secures $100 Million Through Latest Investment Round Led By Allianz X

Canada-based fintech and global digital investing service, Wealthsimple announced on Wednesday it received a $100 million through its latest investment round, which was led by Allianz X, a digital investment unit of the Germany-based Allianz Group, a global insurer and asset manager.  Wealthsimple reported that… Read More

Allianz X Announces Increase in Fund Size to €1 Billion

Allianz X, the digital investment unit of the Allianz Group, announced earlier this week it has increased the size of its fund size to €1 billion. This news comes just after Allianz X received an investment from Allianz SE and the increase is claimed to be the… Read More

German Insurtech Simplesurance Secures $24 Million During Series C Funding Round

German insurtech Simplesurance has secured $24 million during its Series C funding round, which was reportedly led by Allianz X, who also further invested in the company, with participation from Rakuten Capital.  Founded in 2012, Simplesurance stated it has created a platform that offers transparent and efficient… Read More

Fintech Firm C2FO Secures $100 Million During Latest Investment Round Led By From Allianz X & Mubadala

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C2FO, a fintech firm and market for working capital, announced this week it secured $100 million during its latest funding round, which was led by Allianz X and Mubadala Investment, with participation from existing C2FO investors Temasek, Union Square Ventures, and Mithril Capital. This investment comes… Read More

Allianz X Announces $96.6 Million Investment in Digital Microinsurer BIMA

Allianz X, the digital investment unit of the Allianz Group, announced this week it has invested $96.6 million investment in BIMA, a digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia, and Latin America. Allianz reported it has become BIMA’s sole insurance shareholder and… Read More

Allianz X Stops Early Stage Investing as Part of Digital Strategy Shift & Announces Leadership Changes

Allianz X, the venture unit of the German-based Allianz Group, announced on Friday strategy and leadership changes intended to prepare the entity for long-term success. According to Allianz X, given the shift in strategy, the venture unit will discontinue its early-stage company building activities and focus… Read More

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