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Date: 9 December 2021

Verdant Capital advises Briisk with respect to funding from the DEG

Verdant Capital is pleased to have advised Briisk on an investment by DEG.  DEG is a leading international development finance institution and a subsidiary of KfW, Germany‚Äôs development bank.

Briisk is an insurtech company which enables insurance from a financial inclusion perspective across developing markets. The company is a SaaS platform developer and it uses these platforms to link insurers with its extensive distributor network to access end user customers on a mass scale.

Briisk targets 2.9 billion underinsured individuals and small businesses in c.40 countries in Africa, India and Turkey. To date the company has transacted more than 1 million policies. It has 488 distribution partners; has digitised 64 products and works with 40 insurers.

Verdant Capital is currently advising Briisk with respect to its Pre-Series A capital raise.

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