South African insurtech startup, **Inclusivity Solutions**, has secured an additional $1.5 million in a Series A extension round to bolster its expansion across Africa. Inclusivity Solutions specializes in creating inclusive, digital insurance solutions, delivering them through mobile channels in collaboration with mobile operators and insurance providers. The latest investment, led by **Goodwell Investments**, reaffirms the company's commitment to closing the insurance gap in Africa. They plan to operate in at least 12 African markets by the end of 2024 and further enhance their open-API platform to offer a wide range of insurance products rapidly. With over two million customers across eight African markets, Inclusivity Solutions aims to extend its services to millions more.

Key Points:

- South African insurtech, **Inclusivity Solutions**, secures $1.5 million in a Series A extension round.

- The funding is led by **Goodwell Investments**, which has previously backed Inclusivity Solutions.

- Inclusivity Solutions specializes in providing digital insurance solutions in collaboration with mobile operators and insurance companies.

- The investment will support their pan-African expansion plans, with a goal of operating in at least 12 African markets by 2024.

- They will continue to develop their open-API platform for the rapid offering of insurance products.

- Inclusivity Solutions already serves over two million customers across eight African markets and aims to expand their reach.

#Insurtech #AfricaExpansion #SeriesAExtension #FinancialInclusion 🌍💼📈

Read more on Disrupt-Africa