Sat. Dec 2nd, 2023

Dutch InsurTech Alicia lands €7m seed

Alicia, a Dutch provider of insurance-as-a-service for freelancers, has scored €7m in seed investment.

Taking part in the round was Volta Ventures, Achmea Innovation Fund and the Randstad Innovation Fund.

Founded in 2019, Alicia claims its strategy is making insurance accessible for freelancers at any time.

The company identifies and solves protection gaps in the platform economy by offering personalised and pay-per-use insurance directly embedded into online platforms.

Alicia, which is headquartered in Rotterdam, also offers its solutions in Belgium, France, Spain, Germany and the UK.

The firm plans to use the newly raised capital to expand in some European countries in 2023, grow its product portfolio and continue to develop its technology.

Money View, an Indian FinTech company, recently raised $75m in Series E funding, valuing the company at $900m.

According to a report from Deal Street Asia, the round was led by the UK-based asset manager Apis Partners.

Money View was co-founded by Puneet Agarwal and Sanjay Aggarwal in 2014. The company offers an online credit platform with a full suite of personalised credit products. Its features include personal loans, cards, BNPL and personal financial management solutions.

The company has partnered with over 15 financial institutions to offer credit and financial products on its platform.

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