Inclusivity Solutions, a Cape Town, South Africa-based insurtech company that delivers embedded insurance solutions, received USD1.5M in extension funding.
The round saw led by Goodwell Investments.
The company intends to use the funds to support its expansion plans, to operate in at least 12 African markets by the end of 2024.
Led by CEO Indira Gopalakrishna, Inclusivity Solutions is an Inclusive insurtech leveraging Open APIs to deliver embedded insurance solutions to make insurance accessible to consumers in emerging markets via platforms and services that consumers already use. Distribution partners such as mobile operators, banks and digital platforms have the opportunity to attract new customers, retain existing customers and drive new revenue streams. The network of partnerships include Britam, FNB, Orange Money, Safaricom, Airtel Africa and MFS Africa.
FinSMEs
30/10/2023