May 8, 2018 @ 2:16 pm By Samantha Hurst  |  

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

March 2, 2018 @ 12:28 pm By Samantha Hurst  |  

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

December 22, 2017 @ 1:35 pm By Samantha Hurst  |  

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

November 24, 2017 @ 10:39 am By Samantha Hurst  |  

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