wefox secures $110m with J.P. Morgan and Barclays backed facility
Reinsurance News - May 17, 2023
Germany-based insurtech wefox has raised a total of $110m with a $55m credit facility from J.P. Morgan and Barclays, the remaining $55m in equity was raised from both new and existing investors as a second closing of the Series D funding at a valuation of $4.5bn. According to the announcement, the n...
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