RIO DE JANEIRO, BRAZIL - With R$13 (US$4.49) million raised from investors such as Maya Capital and Kaszek, the Brazilian insurtech Azos launched its product on the market in April.
Insurance is the new target of startup entrepreneurs and investors. After fintech companies like Nubank and Creditas proved that it is possible to conquer space in sectors held by traditional players, all of the ecosystem's eyes are turned to the R$274 billion that the Brazilian insurance market handles per year - and that should still grow considerably to reach the level of more mature economies.
The newest . . .