
Tag "Bowtie"
Hong Kong Digital Insurer Bowtie Bags US$34.9 Million in Series B2
Hong Kong’s virtual insurer Bowtie announced that it has raised a US$34.9 million Series B2 funding round led by main investor Sun Life Hong Kong and joined by Mitsui & Co., Ltd. In October 2021, Bowtie had closed its US$
Read MoreBowtie’s Total Insured Amount Exceeded HK$60 Billion in Four Years
Hong Kong’s virtual insurer Bowtie announced that its total insured amount exceeded HK$60 billion with over 90,000 customers since its launch four years ago. Meanwhile, Bowtie’s overall recurring revenue recorded over 100% growth to HK$170 million last year. The COVID-19
Read MoreHong Kong’s Virtual Insurer Bowtie Closes US$22.6 Million Series B1 Led by Mitsui
Hong Kong’s virtual insurer Bowtie announced the closing of a US$ 22.6 million Series B1 round led by Mitsui, with participation from existing investor Sun Life Hong Kong. Mitsui is said to be one of the largest Japanese trading firms,
Read MoreHong Kong Insurance Authority Authorizes First Virtual Insurer Under Fast Track
The Insurance Authority (IA) announced that it has granted the first authorization of a new insurer owning and operating solely digital distribution channels under the Fast Track, marking a significant milestone of Insurtech development in Hong Kong. “The first virtual
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