BIMA racks up $38.4 mln

By Iris Dorbian — 7 months ago

BIMA, a provider of mobile-delivered insurance in emerging markets, has secured $38.4 million in funding. The company’s backers include Investment AB Kinnevik, LeapFrog Investments and Millicom, an international telecom and media firm.

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Bima raises $22mln from existing investors

By Angela Sormani — 2 years ago

Bima, a provider of mobile-delivered insurance in emerging markets has raised $22 million. The capital was raised through follow-on funding from Bima’s three existing shareholders: emerging markets focused investors Kinnevik and LeapFrog Investments, and Millicom, an international telecommunications and media company.

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LeapFrog Investments exits Ghanaian insurer to Prudential

By Angela Sormani — 2 years ago

LeapFrog Investments has exited from Ghanaian insurer Express Life, selling its majority stake to Prudential for an undisclosed sum. Express Life was founded by Mr. Obed Danquah and provides savings and insurance products, including life and hospitalization cover, for emerging consumers in both urban and rural areas.

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