BankingFunding

Luko: Raises $60 million for its home insurance products

  • French startup Luko has raised a $60 million Series B funding round (€50 million)
  • The round is led by EQT Ventures, with existing investors Accel, Founders Fund and Speedinvest also participating
  • Some angel investors with a background in insurance and technology are also investing in the startup
  • Luko is selling home insurance products for both homeowners and renters
  • In addition to a speedy on-boarding process, Luko has been refining its insurance product to make the experience better for the client
  • In order to speed up repayments, Luko can send you money through Lydia, the leading peer-to-peer payment app in France
Previous article
Abacus Property Group: Raises $402M to strengthen balance sheet
Next article
Swedbank: Initiate strategic collaboration with Pepins
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

UniCredit Strengthens Investment in Blockinvest with $4 Million Funding

The Italian bank targets innovation in blockchain technology through this investment.Highlights: UniCredit invests $4 million in Blockinvest to...
FinTech

DTCC Strengthens Operations by Moving to Public Cloud with AWS and Microsoft

The Depository Trust & Clearing Corporation embraces cloud technology for enhanced services.Highlights: DTCC announces shift to public cloud...
FinTech

SocGen Introduces Stablecoin for MetaMask Wallet Users

New offering enhances digital asset management for users.Highlights: SocGen's stablecoin is now available for MetaMask users.This move simplifies...
FinTech

eToro Strengthens Crypto Portfolio with Zengo Acquisition

Deal expands eToro's offerings in the cryptocurrency sector.Highlights: eToro is acquiring crypto wallet Zengo to expand its services.The...