Allianz X backs BIMA
BIMA , a digital healthcare solutions provider in emerging markets, has raised new funds from existing shareholders Allianz X and Leapfrog Investments to launch its Health Wallet in Asia.
The BIMA Health Walletcombines fintech tools and e-commerce features for healthcare.
The BIMA Health Wallet enables customers to
- Manage their BIMA health subscriptions in terms of payment flexibility and update nominees covered by their subscriptions;
- Earn and use Health Points;
- Visualize Health savings;
- Make cashless payments;
- Access their medical history and data; and
- Access subsidies from public-private funding.
“We first invested in BIMA in 2017 with the goal of making insurance more accessible to emerging consumers. From a humble start in Ghana, BIMA has expanded into an additional African and 7 Asian markets. The emergence of COVID-19 emphasized the importance of digital health services like BIMA’s. Together with Leapfrog Investments, we’ve supported its transformation from a basic insurtech to a comprehensive healthtech with an insurance backbone. These funds will further the improvement of emerging consumer health services and protection.” – Nhi Huynh, Senior Manager at Allianz X.
BIMA’s subscription model has provided 25 million people with high-quality primary and secondary healthcare. This investment will further the company’s vision of providing 100 million people with healthcare access by 2026.
