Zolve partners with Fletch

Zolve, a digital bank for immigrants in the US, is partnering with embedded insurance startup Fletch to offer pet and renters insurance to its banking customers.

According to the announcement, users will be able to “select” a preferred renter or pet insurance provider within the banking app. We reached out to Zolve’s PR team to ask if users will be able to buy coverage without leaving the app. We received the following response: “Zolve is starting off with a light integration where the payment currently happens on the insurer site or for certain providers within Fletch’s experience. In the next phase, Zolve will pass through payments in app for certain insurance providers to enable a seamless user experience.”

Some of Fletch’s insurance partners include Chubb, Spot Pet Insurance, Pets Best, Fetch by the Dodo, and Prudent Pet.

Last year, Zolve closed a $40 million Series A round.

“At Zolve, we strive to be a friendly digital guide to all things finance for our users. Outside of banking services, there’s a protection gap that many of our international user base have. Fletch has made it simple for Zolve users to select their preferred renter or pet insurance within our app.” – Raghunandan G, CEO of Zolve.

“We’re excited to partner with Zolve and help their users find insurance within the Zolve app that they already love and trust for banking services. Our team at Fletch has cross-border DNA in our foundation, which connected us immediately with Zolve’s mission. We’re looking forward to deepening our relationship and helping Zolve’s users by expanding our breadth of insurance options.” – Sri Oddiraju, CEO at Fletch.