PayPal backs Indonesian insurance startup Qoala in $47M funding

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  • March 27, 2024

PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance products covering a variety of risks, including accidents, phone screen damage, and ticket cancellations to over 5 million customers. Qoala has secured $47 million in a new round co-led by PayPal Ventures and MassMutual Ventures, the five-year-old startup said Wednesday. MUFG Innovation […]

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Source : PayPal backs Indonesian insurance startup Qoala in $47M funding