Korean insurtech startup Zikto said on May 9 it has secured a 500 million (US$462,278) fresh funding from The Wells Investment, a local venture capital firm specialized in health care and biotech.
The latest funding comes ahead of the firms planned token debut worth 300 billion won this month. It aims to launch Insureum Protocol platform that connects insurers, consumers and third-party solution developers to trade insurance-related data more easily but securely.