News Technology14 May 2019

Hong Kong:Local InsurTech set sights on GBA after securing $30m funding

Hong Kong-based InsurTech start-up OneDegree has extended its 'Series A' round to over $30m, having raised a sum of $25.48m in September last year which represented the largest ever fundraising round for a pre-revenue InsurTech start-up in the territory. The InsurTech intends to utilise the funds to accelerate efforts to scale its end-to-end digital insurance platform, launch new product offerings in Hong Kong and explore growth opportunities including the 'Greater Bay Area' initiative.

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