Insurtech bolttech secures additional series A funding
Summary
“They bring an extensive network and deep expertise in their respective markets, which will help propel our growth and support our innovation for our partners and customers around the world. Together with their partnership, we look forward to accelerating our international growth and realising our vision to connect more people around the world with ways to protect the things they value.” Now present in 26 markets across Asia, Europe and North America, bolttech said the additional capital will be used to boost its technological capabilities, also benefiting its partners and customers. With the new investors on board, the company will have a stronger presence in its markets, particularly Southeast Asia and Europe. “With an extensive technology-enabled insurance exchange and distribution network, bolttech is poised to lead the digital transformation of Southeast Asia’s insurance sector,” said Chu Swee Yeok, CEO and president of EDBI. “We look forward to working with Rob and his world-class team as they build out their presence and partnerships here in Europe.”
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