While COVID accelerated interest life insurance products, a large portion of the UK population still does not have coverage or is underinsured. COVID also accelerated our adoption of digital solutions as in-person activity came to a halt. Yet, 80% of life insurance products are sold offline through financial advisors. Anorak is an online life insurance advice platform that’s focused on making life insurance more accessible to consumers in a digital-first era. For years, there have been online solutions that allow you to type in a few inputs and receive quotes from a small portion of available options with very little personalization. Anorak goes beyond that by holistically understanding your financial situation and obligations in order to tailor independent recommendations for policies that will meet your needs. Anorak services interested consumers through its website and is also available through APIs for its partner ecosystem of digital financial service providers, broadening the scope of the market it can serve. London TechWatch caught up with CEO and Cofounder David Vanek to learn more about how the pandemic has presented the momentum for innovation in the life insurance industry, the company’s strategic plans, and latest round of funding from investors that include Outward VC, Triple Point Ventures, Kamet Ventures, Nic Kohler, Paul Evans, Charlie Delingpole, and Will Neale.
11 fundings; £340M raised! London Tech News for the week ending 5/6 featuring news for Moonshot, Urban Jungle, and much, much more.
The latest venture capital, seed, pre-seed, and angel deals for London startups for 3/6/2021 featuring funding details for Urban Jungle, Anorak Technologies, and much more.
London Tech News for the week ending 22/5 including the London startup fundings, exits, and events featuring news for TRIP, Wrisk, and much, much more.
The latest venture capital, seed, pre-seed, and angel deals for London startups for 21/5/2021 featuring funding details for Slerp, ComplyAdvantage, and much more.
Self-employed workers tend to sporadic income streams and managing cash flow is critical. With the advent of Open Banking, there are new opportunities to help these individuals optimize their balance sheets. Osu is a payment app built for the needs of the self-employed. The app lets businesses collect instant payments, invoice, and generate payment reminders all without any transaction fees. The company only charges a simple, flat monthly fee without the need for any hardware; Osu’s platform is able to collect payments via SMS. London TechWatch caught up with CEO and Cofounder Noam Nevo to learn more about the opportunity to support self-employed individuals with automation and smart solutions, the company’s future plans, and recent round of funding from investors that include Creandum, Ada Ventures, Charles Delingpole, Will Neale, and Michael Pennington.
London Tech News for the week ending 27/3 including the London startup fundings, exits, and events featuring news for Plan, Enthuse, and much, much more.
The latest venture capital, seed, pre-seed, and angel deals for London startups for 26/3/2021 featuring funding details for Osu and much more.
The European Tech Weekly Notable Startup Funding Report takes on a trip across various ecosystems in Europe, highlighting some of the notable funding activity in the various markets that we track. The notable European Tech startup fundings for the week ending 20/3/21 featuring funding details for Whereby, Bitpanda, and six other European fundings that you absolutely need to know about.
With so much going on in the thriving London Tech ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of the things that you may have missed in London Tech News for the week ending 27/2 including the London startup fundings, exits, and events featuring news for Gophr, Ember, and much, much more.