News
HEGCF – Harbert European Growth Capital Fund II Provides wefox with Growth Capital
London, United Kingdom September 3, 2020 – Harbert European Growth Capital Fund II, SCSp (“HEGCF II” or the “Fund”) has funded FinanceApp AG (“wefox”) with growth capital. One of the leading European insurance technology (insurtech) companies, wefox is revolutionizing the way in which consumers buy an insurance policy. Through its technology first approach, wefox works with a variety of insurance brokers, bringing them into the digital age, in an industry that is evolving rapidly. Alongside its sister company ONE, wefox has developed a platform for consumers to seek tailored insurance policies for their needs in a fast, digital and easy to manage way. The funding will be used to help wefox continue its expansion of its platform and insurance services in the DACH region and across Europe.
To read the full article, click here.