Insurance startup Wefox maintains $4.5 billion valuation as it taps up investors and lenders for $110 million in fresh funds
German insurance tech startup Wefox has raised $110 million in a mix of debt and equity.
The German company, founded in 2015, offers direct-to-consumer insurance products alongside a platform that links up customers with brokers. Wefox has previously stated its desire to become the"Stripe of insurance," in the hope of emulating the success of the Irish-American payments giant., first raised in July. Wefox has maintained its $4.
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