Insurtech startups MediConCen and OneDegree secure funding for international expansion.
Hong Kong insurtech startup MediConCen has secured $6.85m in a Series A funding round led by HSBC Asset Management, taking its total funding to $12.7m. The firm uses blockchain technology to automate medical insurance claims and has helped more than one million policyholders, working with 16 insurance firms. The funds will be used to expand into the Middle East and Southeast Asia. Meanwhile, Hong Kong-based start-up OneDegree has received an undisclosed investment from Dubai Insurance, which will help the firm expand in the UAE.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Veteran Cryptocurrency Analyst Reveals What It Takes to Trigger ‘Big Altcoin Season’
Cryptocurrency analyst il Capo introduced the event needed to kick off a major altcoin season in his statement. Here are the details.
Pump.Fun co-founder: potential token rumors are not true
AB DAO: AB tokens will be listed on more exchanges soon
Trending news
MoreCrypto prices
More
