Puerto Rico based insurtech company raised $13m in Series B funding led by PayPal Ventures.
“As the first fully-digital life insurance product in Latin America, this funding is a testament to the incredible progress we’ve made in building a platform that resonates with our customers. With the support of PayPal Ventures, we are poised to expand our reach beyond USD-denominated term life policies and introduce groundbreaking offerings, such as whole-family protection plans that address the region’s unique needs. This investment is a pivotal step toward transforming how financial protection is delivered empowering millions of families to secure their futures.”
https://ffnews.com/newsarticle/insurtech/paypal-ventures-invests-in-ole-life/