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BIMA's groundbreaking model makes use of cellular engineering to beat worries of accessibility and affordability and produce a route for microinsurance to scale.
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The funding — $thirty million of and that is in equity, and the rest as secondary transaction to get out shares largely from LeapFrog, An additional Trader — was made at a pre-revenue valuation of close to $260 million and provides Bima a put up-money valuation of close to $three hundred million, deputy CEO Mathilda Strom claimed within an interview.
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Marie joined BIMA from CDC Group, the United kingdom authorities’s improvement finance establishment, supporting the start of latest non-public fairness resources across Africa. She has intensive working experience in management consulting, enhancement finance, as well as the non-revenue sector.
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We’re happy that BIMA is by now developing this long term with our cell design. We’re investing and innovating greatly in strengthening The client practical experience, notably as a result of raising the number of digital touchpoints inside the customer journey – from SMS text messages to our phone Centres, and integration with Fb Messenger and Whatsapp.