European insurtech Wefox exits German market

Investors committed to a fresh capital injection to support further restructuring

Sarah JollyJuly 1, 2024
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Credit: Shutterstock/muhammadtoqeer

German-based insurtech Wefox, one of the largest insurtechs in Europe, is withdrawing from its domestic market as part of restructuring following a fresh capital injection of €25m from investors.

At an EGM on Friday, Wefox...

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Sarah JollyJuly 1, 2024
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