Monday, 7 September 2020

BIMA nabs $30M more for micro- health and life insurance aimed at emerging markets

BIMA nabs $30M more for micro- health and life insurance aimed at emerging marketsThe coronavirus global health pandemic -- and the new emphasis on social distancing to slow down the spread of COVID-19 -- has put healthcare and tech services used to enable healthcare remotely under the spotlight. Today a startup that's building microinsurance and healthcare services specifically targeting emerging markets is announcing a round of funding to meet a surge in demand for its services. BIMA, a startup that provides life and health insurance policies, along with telemedicine to support the latter, all via a mobile-first platform targeting consumers in emerging markets whose primary entry point to online services is via phones, not computers, is today announcing that it has raised $30 million in funding, a growth round that the Stockholm/London-based startup plans to use to double down on its health services in the wake increased demand around COVID-19.




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