BIMA secures $16.8M from Axiata Digital

Microinsurance player BIMA announced it has raised $16.8 million by Axiata Digital, the digital services arm of Axiata Group, one of Asia’s largest telecommunications groups. Because that’s what microinsurance players do. They collaborate with telecom companies in the name of ‘accessibility’. Recall select microinsurance players below.

Financials

CapitalSG acquires BIMA MILVIK

By Gabriella Ben-Hutta ·

The transaction comes as BIMA MILVIK completes a restructuring plan to optimize its global functions and teams, setting it on course to achieve breakeven profitability in 2024.

Investments

Allianz X backs BIMA

By Coverager ·

This investment will further the company's vision of providing 100 million people with healthcare access by 2026.

Investments

Swedish microinsurance company BIMA raises $30 million

By Shefi Ben-Hutta ·

The company stated that COVID-19 is the catalyst behind the surge in demand for digital health services.

Strategy

BIMA partners with Pi Pay

By Shefi Ben-Hutta ·

Microinsurance distributor has partnered with mobile payment app in Cambodia to allow customers to sign in through their Pi Pay...

BIMA secures $16.8M from Axiata Digital

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CapitalSG acquires BIMA MILVIK

Allianz X backs BIMA

Swedish microinsurance company BIMA raises $30 million

BIMA partners with Pi Pay