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Marshmallow raises $90m in Series C funding

UK based insurance startup for migrants raised $90m in Series C funding led by Portage Capital.

“We think of migration as a huge opportunity,” CEO Oliver Kent-Braham said in an interview. He noted that in the U.K., there are more people coming out of the workforce than there are going in, with 1.2 million migrants recorded coming to the U.K. in 2024 alone. “We need migration to put more people into work, and we want to help people move and integrate into the U.K.”

Tags

insurance, uk, europe, migration, immigration