How much did MILVIK BIMA raise in its Growth round?

$30M, announced on 7 September 2020.

Who led MILVIK BIMA's Growth round?

CreditEase Fintech Investment Fund led the round.

Who invested in MILVIK BIMA's Growth round?

3 investors are named for this round: CreditEase Fintech Investment Fund (lead), LeapFrog Investments and Allianz X.

Funding roundGrowth round

MILVIK BIMA Growth round

MILVIK BIMA raised $30M in a Growth round led by CreditEase Fintech Investment Fund, with LeapFrog Investments and Allianz X participating. It was announced on 7 September 2020.

View MILVIK BIMA →

1 sourceSource: SLA Funding IndexHow we verify →

Amount raised: $30M; USD
Announced: 07 Sept 2020; 6 years ago
Investors: 3; 1 lead · 2 participating

Investors in MILVIK BIMA's Growth round3

Lead

CreditEase Fintech Investment Fund
LeadProfile of CreditEase Fintech Investment Fund →

Participating

LeapFrog Investments
Private Equity
ParticipatingProfile of LeapFrog Investments →
Allianz X
Private Equity
ParticipatingProfile of Allianz X →

About this round

BIMA announced $30m growth financing led by CreditEase Fintech Investment Fund (CEFIF), with LeapFrog Investments and Allianz participating. TechCrunch quotes Allianz X CEO Nazim Cetin about continued partnership, supporting the Allianz X investor identity. Current-round valuation is explicitly not disclosed; the referenced $300m valuation describes the prior 2017 transaction, not a new 2020 valuation. Announcement date is not closing date. Historical BIMA group financing, before the 2023 move of its holding company from Sweden to Singapore; no separate Ghana subsidiary financing inferred.

Sources for this round1

techcrunch.comBIMA nabs $30M more for micro-health and life insurance aimed at emerging markets

Frequently asked about MILVIK BIMA's Growth round

How much did MILVIK BIMA raise in its Growth round?: $30M, announced on 7 September 2020.
Who led MILVIK BIMA's Growth round?: CreditEase Fintech Investment Fund led the round.
Who invested in MILVIK BIMA's Growth round?: 3 investors are named for this round: CreditEase Fintech Investment Fund (lead), LeapFrog Investments and Allianz X.