Friday, May 27, 2022
TechBergMag
Advertisement
  • Home
  • News
    Nigerian Crypto Exchange Yellow Card Launches in Ivory Coast

    Nigerian Crypto Exchange Yellow Card Launches in Ivory Coast

    Isa Pantami

    Tech-led service delivery, citizens-centred governance driving Nigeria’s public sector reforms, says Pantami

    5G Mokki Tech

    Collab to Launch 5G Mokki Tech Spaces in Africa

    Elon Musk

    Elon Musk Brings Starlink to Nigeria, Others

    Buhari Appoints Gov. Sule Member Council on Digital Economy

    Buhari Appoints Gov. Sule Member Council on Digital Economy

    Egyptian E-Health Startup Doxx Raises $1.5m Seed Round

    Egyptian E-Health Startup Doxx Raises $1.5m Seed Round

    Trending Tags

  • Digital Economy
    Oracle to Open new R&D Lab in Morocco

    Oracle to Open new R&D Lab in Morocco

    Google is acquiring security intelligence firm Mandiant for $5.4B

    Google donates the Istio service mesh to the Cloud Native Computing Foundation

    Spotify launches new fund to support independent open source projects

    Spotify launches new fund to support independent open source projects

    Zenda gets $9.4M to streamline school fee payment and management

    Zenda gets $9.4M to streamline school fee payment and management

    Twitter accepts Elon Musk’s $44B acquisition offer

    Twitter accepts Elon Musk’s $44B acquisition offer

    LG’s  OLED TVs   Delivers Premium HDR Gameplay With G-SYNC Gaming Support

    LG’s OLED TVs Delivers Premium HDR Gameplay With G-SYNC Gaming Support

    Trending Tags

  • Features
    MTN new logo

    MTN Introduces Digital Multi-experience Platform with Tecnotree

    How Branch is Promoting Financial Inclusion in Nigeria

    How Branch is Promoting Financial Inclusion in Nigeria

    FedEx

    Microsoft Partners FedEx to Launch new Cross-platform Logistics Solution for e-commerce

    Big Data Analytics and Master Data Management Are Key to Building a Customer-Centric Business Strategy

    Big Data Analytics and Master Data Management Are Key to Building a Customer-Centric Business Strategy

    OZÉ

    Ghanaian Fintech Startup OZÉ Raises $3 Million Pre-Series A Funding Round to Expand

    TallOrder,

    South African POS Startup Raises $3.1 Million Series A Funding for Product Development

  • Interviews
    LG Excites Customers with Energy-Saving Air Conditioners Amidst Ramadan

    LG Excites Customers with Energy-Saving Air Conditioners Amidst Ramadan

    Nigerian Startup Transfy Sees Strong Early Use of Payments Infrastructure, Plots Speedy Growth

    Pantami

    Cybersecurity: Nigerian Govt Direct MDAs to Migrates from Yahoo, Gmail to Government Top-level Domain

    Meeula

    Nigerian Startup Meeula Unveils Smart Business Card Solution

    Cassava Technologies names Tesh Durvasula as CEO for Africa Data Centres

    Cassava Technologies names Tesh Durvasula as CEO for Africa Data Centres

    Medallion

    Nnamani: How Medallion’s Success Attracts more Players to Datacentre business

    TECNO announces world’s first telescopic macro lens for smartphones

    Largest darknet stolen credit card site closes

    Largest darknet stolen credit card site closes

    Trending Tags

    • Lists
      Russian Internet users are learning how to beat Putin’s internet crackdown

      Russian Internet users are learning how to beat Putin’s internet crackdown

      25 Telcos Masks Vandalised in Kenya as Communications Authority Moves to end Attack

      25 Telcos Masks Vandalised in Kenya as Communications Authority Moves to end Attack

    • Contact
    • Download
      • Magazine
      • Newsletter
    No Result
    View All Result
    • Home
    • News
      Nigerian Crypto Exchange Yellow Card Launches in Ivory Coast

      Nigerian Crypto Exchange Yellow Card Launches in Ivory Coast

      Isa Pantami

      Tech-led service delivery, citizens-centred governance driving Nigeria’s public sector reforms, says Pantami

      5G Mokki Tech

      Collab to Launch 5G Mokki Tech Spaces in Africa

      Elon Musk

      Elon Musk Brings Starlink to Nigeria, Others

      Buhari Appoints Gov. Sule Member Council on Digital Economy

      Buhari Appoints Gov. Sule Member Council on Digital Economy

      Egyptian E-Health Startup Doxx Raises $1.5m Seed Round

      Egyptian E-Health Startup Doxx Raises $1.5m Seed Round

      Trending Tags

    • Digital Economy
      Oracle to Open new R&D Lab in Morocco

      Oracle to Open new R&D Lab in Morocco

      Google is acquiring security intelligence firm Mandiant for $5.4B

      Google donates the Istio service mesh to the Cloud Native Computing Foundation

      Spotify launches new fund to support independent open source projects

      Spotify launches new fund to support independent open source projects

      Zenda gets $9.4M to streamline school fee payment and management

      Zenda gets $9.4M to streamline school fee payment and management

      Twitter accepts Elon Musk’s $44B acquisition offer

      Twitter accepts Elon Musk’s $44B acquisition offer

      LG’s  OLED TVs   Delivers Premium HDR Gameplay With G-SYNC Gaming Support

      LG’s OLED TVs Delivers Premium HDR Gameplay With G-SYNC Gaming Support

      Trending Tags

    • Features
      MTN new logo

      MTN Introduces Digital Multi-experience Platform with Tecnotree

      How Branch is Promoting Financial Inclusion in Nigeria

      How Branch is Promoting Financial Inclusion in Nigeria

      FedEx

      Microsoft Partners FedEx to Launch new Cross-platform Logistics Solution for e-commerce

      Big Data Analytics and Master Data Management Are Key to Building a Customer-Centric Business Strategy

      Big Data Analytics and Master Data Management Are Key to Building a Customer-Centric Business Strategy

      OZÉ

      Ghanaian Fintech Startup OZÉ Raises $3 Million Pre-Series A Funding Round to Expand

      TallOrder,

      South African POS Startup Raises $3.1 Million Series A Funding for Product Development

    • Interviews
      LG Excites Customers with Energy-Saving Air Conditioners Amidst Ramadan

      LG Excites Customers with Energy-Saving Air Conditioners Amidst Ramadan

      Nigerian Startup Transfy Sees Strong Early Use of Payments Infrastructure, Plots Speedy Growth

      Pantami

      Cybersecurity: Nigerian Govt Direct MDAs to Migrates from Yahoo, Gmail to Government Top-level Domain

      Meeula

      Nigerian Startup Meeula Unveils Smart Business Card Solution

      Cassava Technologies names Tesh Durvasula as CEO for Africa Data Centres

      Cassava Technologies names Tesh Durvasula as CEO for Africa Data Centres

      Medallion

      Nnamani: How Medallion’s Success Attracts more Players to Datacentre business

      TECNO announces world’s first telescopic macro lens for smartphones

      Largest darknet stolen credit card site closes

      Largest darknet stolen credit card site closes

      Trending Tags

      • Lists
        Russian Internet users are learning how to beat Putin’s internet crackdown

        Russian Internet users are learning how to beat Putin’s internet crackdown

        25 Telcos Masks Vandalised in Kenya as Communications Authority Moves to end Attack

        25 Telcos Masks Vandalised in Kenya as Communications Authority Moves to end Attack

      • Contact
      • Download
        • Magazine
        • Newsletter
      No Result
      View All Result
      TechBergMag
      No Result
      View All Result
      Home News

      Nigerian Insurtech Startup ETAP Secures $1.5m Pre-Seed to Drive Car Insurance Penetration

      admin by admin
      April 21, 2022
      in News
      0
      Nigerian Insurtech Startup ETAP Secures $1.5m Pre-Seed to Drive Car Insurance Penetration
      Share on FacebookShare on Twitter

      Nigerian startup insurtech startup ETAP, which makes it easier to buy car insurance and make claims, has secured US$1.5 million in pre-seed funding to grow its team and drive the adoption of car insurance across Africa.

      ETAP makes buying and claiming on car insurance as easy as taking a picture, providing drivers with access to a range of daily, weekly, monthly and quarterly plans to choose from.

      The startup uses machine learning to build intelligent risk profiles that determine appropriate premiums for each driver, allowing them to achieve lower premiums by driving safely. Using advanced telematics, the driving experience is gamified to improve driving behaviour and drivers can earn Safe Driving Points that can be exchanged for shopping vouchers for the most in-demand retail outlets, fuel, cinema and concert tickets, and other exciting experiences.

      Since launching in beta in November 2021, ETAP has insured more than 130,000 individual trips and over 500,000 kilometres in car journeys, and it has now secured US$1.5 million in pre-seed funding for further growth. The round was led by Mobility 54, the venture capital arm of Toyota Tsusho and CFAO Group, with participation from Tangerine Insurance, Graph Ventures, Newmont and other angel investors.

      The funding will support the rollout of ETAP’s app, which allows drivers to buy insurance in 90 seconds, complete claims in three minutes or less, and get rewarded for good driving and avoiding accidents. The startup will also explore other opportunities to deliver insurance services for car owners in other countries across the continent.

      “Just like any other digital service, we believe Nigerians should be able to buy and claim car insurance without having to “call a guy”. We also believe that rewarding good drivers can be a catalyst for better driving and making our roads safer,” said Ibraheem Babalola, CEO and founder of ETAP.

      “This is why we have created Africa’s most powerful car insurance app and we are excited to have raised these funds to bring more users on board. Too often, the process of buying and claiming insurance in Africa is so out of touch with the everyday reality of most people but we are changing the game and making the process just as enjoyable as any other experience that consumers access on the mobile phone.”

      Yumi Takagi, project manager at Mobility 54, said ETAP was addressing many challenges that impact the automotive experience in Africa.

      “We are excited to support and work with them to bring their innovation to more drivers across the continent. We believe that ETAP will engage with this important role and revolutionise the automotive insurance industry with their powerful technology,” he said.

      Tags: TAP
      Previous Post

      LG’s OLED TVs Delivers Premium HDR Gameplay With G-SYNC Gaming Support

      Next Post

      Egyptian Payments Startup Paymob Expands Operations into Pakistan

      admin

      admin

      Next Post
      Egyptian Payments Startup Paymob Expands Operations into Pakistan

      Egyptian Payments Startup Paymob Expands Operations into Pakistan

      Leave a Reply Cancel reply

      Your email address will not be published. Required fields are marked *

      • Trending
      • Comments
      • Latest
      Clickatell Raises $91M to Scale its Chat Commerce Platform and US Expansion

      Clickatell Raises $91M to Scale its Chat Commerce Platform and US Expansion

      February 23, 2022
      Ghana Plans to Develop Regulatory Framework for the use of Artificial Intelligence

      Ghana Plans to Develop Regulatory Framework for the use of Artificial Intelligence

      January 31, 2022
      Airtel Africa Gets new Chief Strategy, Partnership and Sustainability Officer

      Airtel Africa Gets new Chief Strategy, Partnership and Sustainability Officer

      February 11, 2022
      Largest darknet stolen credit card site closes

      Largest darknet stolen credit card site closes

      January 14, 2022
      Largest darknet stolen credit card site closes

      Largest darknet stolen credit card site closes

      0

      TECNO announces world’s first telescopic macro lens for smartphones

      0
      Apple digital keys reportedly coming to some Hyundai cars this summer

      Apple digital keys reportedly coming to some Hyundai cars this summer

      0
      After Dutch antitrust order, Apple starts letting local dating apps use alternative payment options

      After Dutch antitrust order, Apple starts letting local dating apps use alternative payment options

      0
      Nigerian Crypto Exchange Yellow Card Launches in Ivory Coast

      Nigerian Crypto Exchange Yellow Card Launches in Ivory Coast

      May 26, 2022
      Isa Pantami

      Tech-led service delivery, citizens-centred governance driving Nigeria’s public sector reforms, says Pantami

      May 26, 2022
      5G Mokki Tech

      Collab to Launch 5G Mokki Tech Spaces in Africa

      May 25, 2022
      Elon Musk

      Elon Musk Brings Starlink to Nigeria, Others

      May 25, 2022

      Recent News

      Nigerian Crypto Exchange Yellow Card Launches in Ivory Coast

      Nigerian Crypto Exchange Yellow Card Launches in Ivory Coast

      May 26, 2022
      Isa Pantami

      Tech-led service delivery, citizens-centred governance driving Nigeria’s public sector reforms, says Pantami

      May 26, 2022
      5G Mokki Tech

      Collab to Launch 5G Mokki Tech Spaces in Africa

      May 25, 2022
      Elon Musk

      Elon Musk Brings Starlink to Nigeria, Others

      May 25, 2022
      TechBergMag

      Techberg Magazine is a tech inspired magazine that is focused on publishing technology related stories mainly on the African Continent.

      Follow Us

      Browse by Category

      • Digital Economy
      • Features
      • Interviews
      • News
      • Review

      Recent News

      Nigerian Crypto Exchange Yellow Card Launches in Ivory Coast

      Nigerian Crypto Exchange Yellow Card Launches in Ivory Coast

      May 26, 2022
      Isa Pantami

      Tech-led service delivery, citizens-centred governance driving Nigeria’s public sector reforms, says Pantami

      May 26, 2022

      Copyright © Techbergmag 2022. All Rights Reserved

      No Result
      View All Result

      Copyright © Techbergmag 2022. All Rights Reserved