DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Tekedia Forum

Tekedia Forum

Forum Navigation
Please or Register to create posts and topics.

The Allianz X's €1 Billion fund

Are you in insurtech? There is a huge opportunity to tap into Germany-based Allianz X's €1 billion fund. The company is 'looking to back growth-stage digital companies around the world with its €1bn fund". Uganda's SafeBoda has got in already.

Are you running a growth-stage company that’s part of the insurance industry? Then you could just be the kind of firm that German investor Allianz X is looking to back with its €1-billion fund.

Earlier this month Allianz X, the digital investment unit of German financial services company Allianz Group, announced that it had invested in Ugandan ride-hailing startup SafeBoda.

The deal was the fund’s first investment in an African-based company.

Allianz X corporate development director Oliver Ullrich (pictured above) told Ventureburn in an email on Tuesday (21 May) that given that it forms part of Allianz Group, Allianz X seeks to invest in innovative digital growth companies linked to the insurance sector.