Bima's existing investors, including Millicom and Digicel, backed the insurance platform's $38.4m series C round, taking its overall funding to more than $67m.
Sweden-based insurance provider Bima raised $38.4m yesterday in a series C round backed by existing stakeholders including telecommunications and media group Millicom and mobile network operator Digicel.
Investment firm Kinnevik, private equity provider LeapFrog Investments and angel investors Stephan Wilcke, Anders Olsson, Gustaf Agartson and Mathilda Ström also returned for the round.
Founded in 2010, Bima enables consumers in emerging markets to get life, health and accident insurance through their mobile devices. The company has partnered with a range of…
