Tag "Qoala"

JULO’s Smartphone Insurance Powered by Qoala Hits 200K Mark in 3 Months

Indonesian fintech company JULO has announced that it has provided insurance coverage to over 200,000 customers in just three months with its JULO Protect Plus product. It is a new feature embedded in the company’s virtual credit card solution. JULO collaborated

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Qoala Raises US$47M for AI-Powered Transformation and Regional Expansion

Indonesian insurtech startup Qoala has closed its Series C funding round led by PayPal Ventures and MassMutual Ventures to raise US$47 million. This brings Qoala’s total raised capital to over US$130 million. The round was also joined by MUFG Innovation

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Insurtech Powerhouses: Meet ASEAN’s Top 10 Funded Companies

The global insurtech market is rapidly changing as startups and new technologies revolutionise the traditional insurance industry. The ASEAN region is a fertile ground for insurtech companies, driving advancements and reshaping insurance delivery. Projections suggest the global insurtech market will

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Indonesian Insurtech Qoala Extends Series B With US$7.5 Million Fundraise

Indonesian insurtech startup Qoala announced the close of it US$ 7.5 million Series B+ funding round led by Switzerland’s responsAbility Investments. Qoala had previously raised US$ 65 million in a Series B round in May 2022. This funding round was

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Indonesian Insurtech Qoala Raises US$65 Million in Series B

Indonesian insurtech startup Qoala announced that it has successfully raised US$ 65 million in a Series B funding round led by European investment firm Eurazeo. With the new funds, Qoala aims to add over 250 employees this year with a

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Insurtech Qoala Acquires Thai’s FairDee; Expands to Thailand

Qoala, an insurtech startup backed by the likes of Sequoia and MDI Ventures announced today the acquisition of FairDee, a Thai insurtech to expand their reach into the Thailand market. Since its 2018 launch, Qoala said that it now processes

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Insurtech Qoala Raises US$ 13.5 Million Despite COVID-19 Funding Slump

Qoala an insurtech headquarted out of Jakarta, today announced its successful US$13.5 million Series A fundraise. The round was led by Centauri Fund – a JV between funds from South Korea’s Kookmin Bank and Telkom Indonesia. New investors in the

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