Unlike traditional insurance, insurance on this platform, Bandboo, is based on peer-to-peer networks whereby people can get themselves insured without going to an insurance company. Not only is the firm the only place where members can enjoy a 100%, unconditional rebate if claim amounts are lesser than what members have topped up into their accounts over their membership term, it is also one of the first insurance-enabling platforms in the world that run on blockchain, which enhances the integrity of the system.
| Company Name | Bandboo Group Private Limited |
|---|---|
| Brand Name | bandboo |
| Industries | InsureTech |
| Year of Establishment | 2016 |
| Founder(s) | Ashley Kee Zhiqi Ou Zhong Qin Ng |
| No. of Employees | less than 10 |
| Regional Coverage | Singapore |
| Clients | / |
| Stage | Seed |
| Investor(s) | PLUG AND PLAY TECH CENTER |
| Fundraising History | 50K USD (May 2017) 250K USD (Sep 2016) |
| Raising Fund | yes |
| Fundraising target | 1M USD |
| Pre-money valuation | / |
| Post-money Valuation | / |
| Media Exposure | the straitstimes channel newsasia e27 the business times Tech in Asia dealstreetasia Vulcan Post shinmin yahoo news |
| Company Email | [email protected] |
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