The FinTech 50: Zego

Zego is a fintech company whose main goal is to make motor insurance accessible to everyone. They focus on the transportation sector, offering insurance policies to vehicles and fleets.

The company addresses one of the most critical issues: insurance is often expensive and difficult to understand. They prefer to craft easy-to-follow insurance policies that don’t disenfranchise customers.

Zego has quickly risen to the forefront of smart insurance solutions thanks to its flexible service. They can meet the individual needs of self-employed drivers or riders, or cater to the interests of corporate businesses with multiple cars, boats, etc.

One of Zego’s most unique selling points is that the client has more options for the duration of their insurance than other companies offer. For instance, it’s possible to purchase insurance for just one hour if that’s all you need.

Zego has been around since 2016 but has already managed to forge many successful partnerships. For instance, companies like Uber, Deliveroo, Uber Eat, Just Eats, and more insure their drivers via Zego.

This innovative insurance provider is active in the United Kingdom and Spain, with plans to expand further in the near future.

Smart Valor

w: smartvalor.com

t: @smartvalorinc

CEO: Olga Feldmeier

Founders: Olga Feldmeier, Oliver Feldmeier

Founded: 2017

Sectors: Blockchain, cryptotechnology

Total Funding: CHF 1.5M

Latest Funding: $1.5M Seed, November 2017

Lead investor: Stephane Pictet

HQ: Switzerland, Zug Valley

Based in the Swiss Crypto Valley, SMART VALOR is building a disintermediated network of investors, asset issuers/funds and facilitators, such as compliance providers and rating agents. The network is coordinated by a smart-contract-based governance model, which incentivizes each participant to contribute maximum value to the network. Improved access to the network via cryptocurrencies, broad spectrum of tokenized investment assets and consensus-based validation mechanism – these are the key elements of the SMART VALOR network.

SMART VALOR aims to combine privacy and security of a leading offshore banking center with the accessibility and diversity of the blockchain-based open network.