Fintech Startup Rubique to Enter Insurance

Meet Rubique :

Think: a new insurance entrant.

The Mumbai-based company established in 2014 operates an online marketplace that allows users to compare and apply for loans and credit cards. And it has raised $10m in funding since its inception. Now, it is looking to enter insurance – starting with a bike insurance offering.

With Rubique, customers can choose from more than 350+ financial products through its tie ups with 100+ financial institutions. Its recommendation engine and financial matchmaking platform allows financial institutions real-time processing, instant online approvals and seamless disbursal while enabling the best deals for customers. Last, the platform is embedded with features including e-KYC, bank statement analysis, credit bureau checks, credit memo generation and real time application tracking.

Bottom Line: serving some 200k customers.