Turaco collects funds for its development in Africa

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TuracoTuraco has raised 1.2 million USD to finance its expansion on the African continent. This sum is provided by Gan Ventures, Mercy Corp Ventures, Musha Ventures and a group of private investors.

For the record, Turaco is a Kenyan start-up specialized in the distribution of life and health insurance products to low-income populations. Its current portfolio holds approximately 30 000 insured.

Turaco also intends to form partnerships with local companies and institutions in order to distribute its insurance products at a low cost.

Read also | Insurance industry in Kenya

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Fri, 27/12/2019 - 11:10
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