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ADF Launches Institutional Whole Loan Platform, introduces lead investor – Bankless Times

ADF Launches Institutional Whole Loan Platform, introduces lead investor – Bankless Times
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wefox, Germany s digital insurance unicorn, closes $650m Series C

funding round sets a record for insurtech and values wefox at $3 Billion- wefox, the Berlin-based digital insurance company has raised a record US$650 million for its SeriesC funding, resulting

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wefox Closes $650M in Series C Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

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German Startup Embracing Insurance Brokers Scores A $3 Billion Valuation

Wefox, a Berlin-based insurance startup founded six years ago, has secured $650 million in a Series C funding round that values the company at $3 billion.

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Berlin s Insurtech Unicorn wefox Secures $650M in Capital via Series C, Reports $3B Post Money Valuation

Berlin-based wefox, a leading digital insurance firm, has acquired $650 million in capital as part of a Series C round. wefox now reports a post-money valuation of $3 billion. This latest investment round represents the largest Series C to date for an Insurtech (internationally), according to a release. wefox‘s management says the company plans to invest the capital raised into further expanding operations into the US and Asia within the next 2 years “while strengthening its presence in its existing markets in Germany, Austria, Switzerland, and Poland.” Target Global led wefox’s round, along with contributions from existing investors: OMERS Ventures, Gsquared, Merian, Horizons Ventures, Eurazeo, Mubadala, Creditease, Salesforce Ventures, Speedinvest, Alma Mundi Ventures, Victory Park Capital, GR Capital, Mountain Partners, Seedcamp, and Sound Ventures. New investors include LGT, Partners Group, Jupiter, and FinTLV.

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