*Data updated daily at 18:00 EAT
Kenya’s Lami has acquired fellow Nairobi-based insurtech startup Bluewave in order to drive rapid growth and expand its presence to new African markets. According to Lami, the acquisition of Bluewave will help grow its presence across Africa by entering new markets where Bluewave is already operating.
Lami is a digital insurance platform that enables partner businesses including banks, tech companies, and other entities to easily and seamlessly offer digital insurance products to their users via its API. Bluewave has developed a robust micro-insurance system that offers users easy access to an array of insurance products.