BNN Bloomberg
Insurtech Startup Wefox Seeks Funding at Over $5 Billion Value
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Wefox, the German digital insurer, is in advanced discussions to raise fresh funding at a valuation of $5 billion to $6 billion, people with knowledge of the matter said. The Berlin-based insurtech startup is aiming to raise several hundred million dollars, the people said, asking not to be identified because the information is private.